Wrk Receipts, an AI-powered mobile platform designed to offer real-time workplace advocacy, was recently launched, bringing a fresh approach to how employees navigate professional challenges. Founded by Cierra Gross, the app aims to provide employees with more transparency and control over their workplace experiences, setting a new standard for workplace empowerment. At the heart of Wrk Receipts is Jayla, an AI advocate that helps users document and address workplace issues. By offering personalized advice on employment laws and company policies, Jayla guides employees through complex scenarios, ensuring they know their
Global music icon Shakira has partnered with Amazon and Code.org, through her non-profit, Fundación Pies Descalzos, to expand computer science education for Hispanic students worldwide. The collaboration will help young people learn to code through an interactive music experience that uses Shakira’s Spanish-language hits and also provide computer science education training to teachers across Colombia. Learning to code through music Shakira has long worked to enhance educational opportunities for underserved communities in Latin America. In celebration of the partnership, Shakira has donated songs like “Amarillo” and “Chantaje” to Code.org’s Music
London-based fintech unicorn Zepz, formerly known as WorldRemit, has raised $267 million from new and existing investors to expand its global cross-border payments platform. Zepz’s fundraising round was led by Accel, with participation from Leapfrog, TCV, and Coller Capital, as first reported by Bloomberg. The International Financial Corporation, a member of the World Bank Group, has also committed to invest up to $20 million. Zepz not disclose its valuation in this round but was valued at $5 billion after its $292 million Series E round in 2021. Simplifying Money Transfers
Yamilée Toussaint, founder of STEM From Dance and an MIT-trained engineer, has been named a CNN Hero for her efforts to bridge the gap between young girls of color and STEM careers. Through her nonprofit, Toussaint combines dance and STEM education to inspire and equip the next generation of innovators, especially those who might not see themselves represented in these fields. “It’s an honor to be selected as a CNN Hero,” Toussaint said. “I’m proud of the work we do to connect girls of color with STEM in a joyful and
AMAKA Studio has successfully raised $2 million in seed funding, led by Equitane Ventures, with contributions from Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and several angel investors. The social publishing platform is on a mission to empower Black and African creators to reach a global audience and earn through subscriptions and gigs. Fueling Growth and Innovation The funds will primarily support the expansion of AMAKA Gigs, a platform that connects Black and African creators with brands for commissioned work, streamlining the process and ensuring fair compensation. AMAKA also plans to
A new R300-million ($15.6 million) Seed Fund of Funds has been launched to provide crucial early-stage capital for South African tech startups. This initiative, backed by the SA SME Fund, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA), and impact investor E Squared Investments, aims to fund at least 50 technology-driven startups. The fund seeks to address a gap in South Africa’s venture capital landscape, which has historically favored later-stage investments. By focusing on seed capital, it will help budding entrepreneurs transition their ideas into viable
BlackDoctor.org (BDO) has introduced an AI-powered chatbot, designed to offer culturally relevant health guidance to Black Americans. This new feature provides round-the-clock support and draws from BDO’s repository of over 17,000 articles, ensuring that users receive tailored information related to chronic conditions, mental health, and healthy living. As a leading platform offering health content specifically for Black communities, BDO’s chatbot stands out for its focus on culturally sensitive, condition-specific support. Tailored Health Information At Your Fingertips The BlackDoctor Chatbot claims to be the first of its kind, offering personalized, culturally
The first-ever NBA Africa Triple-Double Accelerator Demo Day has crowned four African startups as champions. The event, held in New York City at the NBA headquarters, saw four standout companies—Festival Coins, Salubata, HustleSasa, and UBR VR—win financial awards and mentorship opportunities to help scale their businesses. Top Startups Rise from Over 700 Applicants The NBA Africa Triple-Double Accelerator, launched in April 2024, aims to fuel growth for African startups operating in sports and creative industries. By providing capital, mentorship, and connections, the initiative supports early-stage companies that focus on event
Lorenzo Lewis, a Black entrepreneur born in prison, has overcome challenges to build a $20 million company focused on mental health advocacy. Despite facing tremendous challenges, including his own incarceration at 17, Lewis now leads a $20 million company, inspiring others through his story of resilience and success. From Incarceration to Entrepreneurship Despite facing difficult circumstances early in life, Lewis pursued higher education, earning degrees in Human Services and Public Administration. After his release, he founded The Confess Project of America (TCPA), a nonprofit organization aimed at breaking the stigma
Carver Bancorp, one of the nation’s oldest and largest Black-owned banks, has announced Donald Felix as its new president and CEO, effective November 1, 2024. Felix, a 25-year veteran of the banking industry, steps into this leadership role following a challenging year for the institution, which included a hostile takeover attempt. The announcement, made September 16, 2024, comes as Carver looks to stabilize and grow under Felix’s guidance. A New Chapter in Leadership Donald Felix succeeds Craig MacKay, who served as interim CEO since October 2023 following the departure of
