As Stackwell is positioned to accelerate its growth in 2023, launching its robo-investing app on the Google Play store will significantly improve accessibility for the Black community.
boston, January 26, 2023 /PRNewswire/ — Stackwell, a digital investment platform designed to bridge the racial wealth divide, today announced the app is now available for download by all Android phone users on the Google Play Store Did. The robo-investing app addresses and removes the social, emotional and cultural barriers to entry that cause black communities to underinvest in financial markets. September 2022 For iPhone users app storeThis major expansion has made the Stackwell app accessible to all smartphone users. $1 monthly subscription fee and $10 Minimum investment.
“The release of our app to the Google Play store is another important milestone for us as a company, purposefully meeting members of the Black community to ensure greater accessibility and tryability for the Black community. “Where are they?” said Stackwell’s founder and CEO. Trevor Rosier-Bard“Today’s release allows us to continue accelerating the growth of our user base and further expand our partner ecosystem.”
The extension to Android will improve accessibility for the Black community as data shows that 66% of Black and African American households prefer Android phones.
Stackwell’s announcement comes as the company launches a series of in-person events with strategic partners across the country. The company hosts community revitalizations with NBA and WNBA partners. Detroit, Minneapolis, new orleans When washington dc This includes financial wellness and investment education events with each team at practice facilities and other nearby venues. Additionally, Stackwell will launch in-person events for HBCU-focused initiatives. Hampton University, and the Student Investment Program (SIP) by the Student Freedom Initiative and Prudential Financial. His final two programs are designed to focus on the youngest generation of future Black leaders, as Black Millennials and Generation Z face the largest racial wealth gap in the country. It has been.
Stackwell is a leader in financial access and inclusion. Through many strategic partnerships, Stackwell has nearly invested. $800,000 It returns to the Black community in the form of seed capital and scholarships to support future advancement and wealth-building opportunities for Black students, entrepreneurs, creators, small business owners and others. Reinvesting in the Black community is a key component of Stackwell’s impact strategy, and the company will continue to work with strategic partners and backers who are equally focused on this effort.
Rozier-Byrd said, “The crux of addressing black underinvestment in financial markets is to increase representation in this space.” We were able to create it, which will bring tangible benefits to our users and significantly accelerate the growth of Stackwell in an efficient manner.”
Smartphone users can download the Stackwell app today. app store and Google Play Store.
About Stackwell
Stackwell Capital, Inc. is a fintech company that created a digital investment platform for the black community designed to close the racial wealth gap in America. Stackwell provides the financial investment tools and guidance needed to help build lasting wealth, equity and equal opportunity. Stackwell is a member of the 2022 Financial Solutions Lab and the MassChallenge US Early Stage Accelerator Program. For more information, visit stackwellcapital.com.
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