Black Girl Vitamins (BGV) has announced a $100,000 scholarship fund dedicated to Black women pursuing medical careers at Historically Black Colleges and Universities (HBCUs). This two-year initiative, part of their broader mission to support health equity, aims to increase representation in healthcare by easing the financial burden for aspiring medical professionals. Investing in Future Healthcare Leaders BGV’s scholarship program aligns with their mission to create a new generation of Black women in medicine, nursing, pharmacy, and public health. The scholarship is open to Black women enrolled in accredited medical programs
HSBC Holdings Plc has appointed Pam Kaur as its first female Chief Financial Officer (CFO), marking a historic shift for the global bank, which was founded over 150 years ago. Kaur, who has been with HSBC since 2013, will step into the role amid sweeping restructures under the bank’s newly appointed CEO and a challenging global financial climate. A Long Career in Risk and Compliance Pam Kaur, formerly HSBC’s chief risk and compliance officer, brings nearly 40 years of global finance expertise, specializing in risk management, compliance, and auditing. She
A coalition of Black and Latine leaders in health technology has publicly endorsed Vice President Kamala Harris for President of the United States, citing her commitment to health equity and technological innovation, Black Enterprise reports. Public letter endorses Harris In an open letter, signed by over 20 health tech leaders, the group outlined their vision for a healthcare system that prioritizes health equity and uses technology to improve access for marginalized communities. They emphasized the importance of increasing representation of Black and Latine professionals in leadership roles within health technology,
Klasha, the fintech company changing cross-border B2B payments between Africa and Asia, has raised an additional $2 million in funding. This latest investment round, backed by existing investors such as Expert Dojo, Alumni Ventures, and Breega, brings Klasha’s total funding to $6.5 million. The new capital will be used to accelerate its expansion into the Asian market, including opening an office in Hangzhou, China, the hub of e-commerce giants like Alibaba. Scaling Payment Solutions for Emerging Markets With a focus on enabling seamless cross-border payments between merchants in Africa and
CapWay, the fintech startup aimed at tackling financial inequity, has officially shut down. Founder Sheena Allen announced the closure, expressing pride in CapWay’s mission while also sharing disappointment that the journey ended prematurely. Allen’s LinkedIn post marked the end of CapWay, a company that strived to serve underbanked communities often described as “banking deserts.” “Although it has been a while, I am finally making the announcement that CapWay is no longer an active business,” Allen wrote on LinkedIn. Challenges in Fintech Funding and Regulation Founded in 2016, CapWay sought to
The Hollywood Reporter’s “Creator A-List: The 50 Most Influential Influencers” highlights digital stars reshaping entertainment through innovation and influence. Black creators on the list are leading the way, proving their value through cultural impact and trendsetting content. Here’s a look at the Black influencers making their mark on this year’s list. Kai Cenat (@kaicenat) At just 22, Kai Cenat is a force to be reckoned with on Twitch, where his comedic content and live streams have garnered a massive following. Notable for featuring rappers like Lil Baby, 21 Savage, and
Pamela Maynard, the newly appointed Chief AI Transformation Officer at Microsoft Customer and Partner Solutions, has been named the 2024 Black British Business Person of the Year. Maynard received the award at the 11th annual Black British Business Awards (BBBAwards), which celebrates the achievements of Black professionals and entrepreneurs across the UK. Pamela Maynard Pamela Maynard, formerly CEO of Avanade, a Microsoft-Accenture joint venture, led the company to significant growth and secured its 18th Microsoft Partner of the Year title. During her acceptance speech, Maynard emphasized the ongoing work to break down
Every UK Black History Month, we shine a light on Black British-owned businesses making a difference. This year’s standout is Frobelles, a UK-based dress-up game championing the beauty of afro hair. Created by mother-daughter duo Yvonne Ottley and 12-year-old Alyssa Ottley, Frobelles has over 100,000 users and recently made its debut in the US. The Birth of Frobelles The idea for Frobelles was sparked by a simple question from Alyssa, who was just six years old at the time: “Why don’t any of my game characters have Afro hair like mine?” This question
Venture capital firm Fearless Fund has announced a seven-figure investment in Zimi, an emerging e-commerce platform. Zimi, co-founded by Audrey Djiya and Peter Nsaka, specializes in inventory management, storage, and logistics to help businesses in emerging markets, particularly Africa, expand globally. This latest investment reaffirms Fearless Fund’s continued commitment to supporting underresourced founders, including women of color, following its year-long legal battle with the American Alliance for Equal Rights (AAER) over its grant program for Black women founders. Fearless Fund Backs Zimi Zimi launched in August with the goal of
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
