MoCaFi

MoCaFi is a fintech startup committed to empowering marginalized communities in the United States by providing them with better access to public, private, and social capital. The company offers a turnkey digital banking solution that facilitates the delivery of cash payments, deposit accounts, and wealth empowerment tools at various governmental levels. Founded in 2015, MoCaFi has already made a significant impact by distributing over $100M in guaranteed basic income, cash assistance, and emergency rental and utility payments across several municipalities. With a diverse team of professionals, MoCaFi aims to address America's racial wealth gap. The company's recent Series B investment of $23.50M in May 2023 was led by prominent investors including Commerce Ventures, Wells Fargo & Company, BNY Mellon, Truist Ventures, and Tom Hutton. MoCaFi's unique mission, solid financial backing, and innovative approach to financial services position it as a compelling investment opportunity in the analytics, financial services, fintech, payments, and banking industries. The company's commitment to providing accessible and inclusive financial services aligns with the growing demand for impactful and socially responsible investment opportunities.

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