MoCaFi and Wellthi Technologies have joined forces to introduce the “On Our Block™” initiative this summer. This new community banking app, developed through a partnership between Mobility Capital Finance, Inc. (MoCaFi) and Wellthi Technologies, aims to transform financial services for underserved and underbanked communities across the U.S.
Leveraging MoCaFi’s Financial Services as Infrastructure™ platform and Wellthi’s expertise in community engagement, the initiative will provide mobile banking solutions and financial education directly to communities that have historically been excluded from quality financial services. The collaboration seeks to create a more inclusive financial ecosystem, offering access to financial advisors, educational resources, and tools for tracking financial growth.
Wole Coaxum, CEO & Founder of MoCaFi, expressed enthusiasm for the partnership, stating, “Our collaboration with Wellthi Technologies is perfectly aligned with our mission to empower excluded communities to build wealth. The ‘On Our Block’ initiative will deliver our banking products and financial programs directly to the neighborhoods that need them most, particularly supporting Black and brown communities in their wealth-building journeys.”
Fonta Gilliam, Founder and CEO of Wellthi Technologies, added, “This partnership with MoCaFi will significantly advance financial inclusion and economic empowerment. Together, we will provide essential financial education and resources nationwide, equipping entrepreneurs and small business owners with the tools they need to thrive financially.”
The “On Our Block” initiative, powered by Wellthi, is set for rapid expansion across communities throughout the U.S.
