NAACP Image Award-nominated author Sabrina Lamb has launched Wekeza, an app that allows users to receive financial education in different languages. Users will be able to access US stocks in languages including English, French, Swahili, Hausa, Wolof, Zulu, and Haitian Creole, serving communities in the African diaspora across the US. “We learn to invest better when education speaks our language and honors our culture, Lamb says in a press release. Wekeza connects deeply with the African Diaspora experience, breaking down barriers to generational wealth,” she adds. Investing in your mother tongue
OneUnited Bank, one of the nation’s largest Black-owned banks, is partnering with the credit-building platform Esusu to change the path to homeownership for renters during Financial Literacy Month. Esusu uses data to help improve users’ credit scores, allowing people to make it easier to get onto the housing ladder. “This alliance is all about empowering renters with the financial tools they need to turn their homeownership dreams into reality,” Teri Williams, President & COO of OneUnited Bank, said in a press release. OneUnited Bank’s collaboration with Esusu By reporting on-time rental payments, this
Michael Rainey Jr., star of PowerBook II: Ghost, has introduced a $2.4 million financial literacy program targeting high school students in his hometown of Staten Island, New York. In partnership with the Restoring America Recovery Education (RARE) Foundation and Equifax, the initiative—called “Educate a Student. Protect Yourself”—aims to provide up to 250,000 students with the tools they need to secure their financial futures. Empowering Students With Financial Knowledge Rainey officially launched the program on November 24 at Port Richmond High School, where he engaged directly with students, sharing his journey
The Shawn Carter Foundation, in partnership with Toyota Motor North America, has introduced a financial education program designed to support students at Historically Black Colleges and Universities (HBCUs). Called Champions for Financial Legacy (CFFL), the initiative aims to equip students and their surrounding communities with essential financial skills. Bridging Knowledge Gaps to Build Wealth CFFL, developed in collaboration with the Wharton School’s Coalition for Equity and Opportunity, is based on an existing curriculum by Dr. Keith Weigelt – the Marks-Darivoff Family Professor of Strategy at The Wharton School, University of Pennsylvania.
MyFiLi is a new AI-powered edtech platform designed to transform how families, schools, and nonprofits engage with financial literacy. The Urgent Need for Financial Literacy Currently, consumer credit card debt in the U.S. has hit an all-time high of $1.79 trillion, and savings account balances average just $4,521. MyFiLi.com addresses this gap by providing tools and knowledge that help users navigate the complex nature of financial management. According to BlackNews, Founder and CEO Joseph Green‘s mission is to empower everyone to develop a healthy relationship with money. “By making financial literacy education accessible,
