Not all partnerships in fintech involve companies. In fact, one of the most interesting partnerships in fintech in recent days might be a union between people – not an alliance among corporations.
Angel Rich, who made history this spring as the first African-American woman to secure an institutional partnership with one of the Big Three major credit bureaus, announced her engagement to Karl Jones, Director of Corporate Partnerships at ansrsource, this week. “What’s better than one future Black billionaire?” Rich asked on her LinkedIn page by way of sharing the engagement news. “Two. Thanks for all of your love and support on our engagement. Karl Jones and I are very excited to make an impact with our union.”
Rich’s company, WealthyLife, launched its AI-powered fintech app, CreditRich in April, collaborating with Finovate/FinDEVr alum Experian. The app enables individuals to use their spare change or “round ups” to pay for bills and other expenses. CreditRich promotes financial wellness by allowing users to prioritize debt payments – or to use the app’s algorithm to find and pay first those bills that have the most impact on the user’s credit score. Users can make one-time deposits to accelerate any debt repayment, as well as make contributions to a family member’s account to enable them to pay down debt and improve their credit score. The CreditRich app is currently available on the Android operating system, with an iOS expected soon.
“It makes sense to put financial literacy, intelligent billpay, and credit management together on a smartphone to help people increase their credit scores faster and easier,” Rich said late last year on the news that actor, singer, and songwriter Naturi Naughton had joined WealthyLife as Chief Branding Officer. “I don’t want people to experience the same hurdles I did after graduating from college with $180,000 of debt.”
Also the founder of Black Tech Matters, an organization dedicated to promoting ethnic diversity in STEM, Rich said she is looking forward to collaborating with Jones to advance financial education technology solutions. ansrsource, where Jones is Director of Corporate Partnerships, specializes in helping companies leverage digital technology to enhance their training and development strategies. The Dallas, Texas-based company’s clients range from 42,000-student Arizona State University to construction manufacturing firm Hilti.
As BlackNews.com noted, the union between financial literacy and digital education represented by Rich and Jones also represents union of rivals. Rich is an alum of the famous HBCU (historically black college/university) Hampton University in Virginia. Jones is a graduate of the equally-legendary HBCU Howard University in Washington, D.C.
Photo by Git Stephen Gitau from Pexels
Not all partnerships in fintech contain corporations. In truth, some of the fascinating partnerships in fintech in current days may be a union between folks – not an alliance amongst companies.
Angel Wealthy, who made historical past this spring as the primary African-American girl to safe an institutional partnership with one of many Large Three main credit score bureaus, introduced her engagement to Karl Jones, Director of Company Partnerships at ansrsource, this week. “What’s higher than one future Black billionaire?” Wealthy requested on her LinkedIn web page by means of sharing the engagement information. “Two. Thanks for your whole love and help on our engagement. Karl Jones and I are very excited to make an affect with our union.”
Wealthy’s firm, WealthyLife, launched its AI-powered fintech app, CreditRich in April, collaborating with Finovate/FinDEVr alum Experian. The app permits people to make use of their spare change or “spherical ups” to pay for payments and different bills. CreditRich promotes monetary wellness by permitting customers to prioritize debt funds – or to make use of the app’s algorithm to search out and pay first these payments which have probably the most affect on the person’s credit score rating. Customers could make one-time deposits to speed up any debt compensation, in addition to contribute to a member of the family’s account to allow them to pay down debt and enhance their credit score rating. The CreditRich app is at present accessible on the Android working system, with an iOS anticipated quickly.
“It is sensible to place monetary literacy, clever billpay, and credit score administration collectively on a smartphone to assist folks improve their credit score scores sooner and simpler,” Wealthy mentioned late final 12 months on the information that actor, singer, and songwriter Naturi Naughton had joined WealthyLife as Chief Branding Officer. “I don’t need folks to expertise the identical hurdles I did after graduating from school with $180,000 of debt.”
Additionally the founding father of Black Tech Issues, a corporation devoted to selling ethnic range in STEM, Wealthy mentioned she is trying ahead to collaborating with Jones to advance monetary training know-how options. ansrsource, the place Jones is Director of Company Partnerships, makes a speciality of serving to corporations leverage digital know-how to boost their coaching and growth methods. The Dallas, Texas-based firm’s shoppers vary from 42,000-student Arizona State College to development manufacturing agency Hilti.
As BlackNews.com famous, the union between monetary literacy and digital training represented by Wealthy and Jones additionally represents union of rivals. Wealthy is an alum of the well-known HBCU (traditionally black school/college) Hampton College in Virginia. Jones is a graduate of the equally-legendary HBCU Howard College in Washington, D.C.
Photograph by Git Stephen Gitau from Pexels