Mocafi

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MoCaFi is committed to building a financial services platform that helps America’s marginalized communities create wealth through better access to public, private, and social capital. We are a fintech built for government and non-profit organizations committed to creating finance for all. Our platform is a turnkey digital banking solution for delivering cash payments, deposit accounts, and wealth empowerment tools at the city, state, and federal levels. MoCaFi has distributed over $100M in guaranteed basic income, cash assistance, emergency rental assistance, and emergency utility payments in over a dozen municipalities. We are led by a diverse team of finance, engineering, and startup professionals committed to closing America’s racial wealth gap. We offer FDIC-insured bank accounts, municipal-funded disbursement cards, and financial empowerment services directly to consumers and through our public and private sector partners. To learn more, visit https://hubs.ly/H0fnrbb0

Company Details

Employees
65
Founded
-
Address
1211 6th Ave,
Phone
646-653-6653
Email
in****@****afi.com
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
New York, NY
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News

MoCaFi to Launch Revolutionary Banking Platform Targeting Communities Impacted by Economic Shifts - PR Newswire

MoCaFi to Launch Revolutionary Banking Platform Targeting Communities Impacted by Economic Shifts PR Newswire

City to end program giving migrants vouchers for food - Crain's New York Business

City to end program giving migrants vouchers for food Crain's New York Business

I'm a former JP Morgan exec who now works to distribute basic income payments to those in need. Here's why I do it. - businessinsider.com

I'm a former JP Morgan exec who now works to distribute basic income payments to those in need. Here's why I do it. businessinsider.com

BNY Mellon, MoCaFi link up to bring digital payments to unbanked - Banking Dive

BNY Mellon, MoCaFi link up to bring digital payments to unbanked Banking Dive

Harlem Financial Empowerment Pop-Up Hosted By MoCaFi, National Financial Tech Firm, And More - Harlem World Magazine

Harlem Financial Empowerment Pop-Up Hosted By MoCaFi, National Financial Tech Firm, And More Harlem World Magazine

Watch MoCaFi's Mission to Digital Banking - Bloomberg

Watch MoCaFi's Mission to Digital Banking Bloomberg

Mastercard gave New Orleans $100K for ‘truly needy.’ City couldn’t get people to take cash. - Louisiana Illuminator

Mastercard gave New Orleans $100K for ‘truly needy.’ City couldn’t get people to take cash. Louisiana Illuminator

NY Bank partners with fintech to bridge financial gaps - FinTech Magazine

NY Bank partners with fintech to bridge financial gaps FinTech Magazine

NYC to end controversial program supplying migrants with prepaid debit cards after dropping $53M - New York Post

NYC to end controversial program supplying migrants with prepaid debit cards after dropping $53M New York Post

New York fintech company planning growth push in Bham - The Business Journals

New York fintech company planning growth push in Bham The Business Journals

BNY Mellon and MoCaFi Partner on Payments to Unbanked People - PYMNTS.com

BNY Mellon and MoCaFi Partner on Payments to Unbanked People PYMNTS.com

City halts Detroit ID program, seeks new vendor over data leak worries - The Detroit News

City halts Detroit ID program, seeks new vendor over data leak worries The Detroit News

20 Minutes With: Wole Coaxum, Founder and CEO of MoCaFi - Barron's

20 Minutes With: Wole Coaxum, Founder and CEO of MoCaFi Barron's

Key to the city: How a ‘pro bono’ smart cities consultancy and its partners in finance and tech worked to bring a municipal ID program to New Orleans - thelensnola.org

Key to the city: How a ‘pro bono’ smart cities consultancy and its partners in finance and tech worked to bring a municipal ID program to New Orleans thelensnola.org

New York City ending voucher debit card program that allowed migrant families to buy their own food - ABC7 New York

New York City ending voucher debit card program that allowed migrant families to buy their own food ABC7 New York

Detroit suspends ID program over concerns of data leaks - Michigan Public

Detroit suspends ID program over concerns of data leaks Michigan Public

Wells Fargo Aims To Alleviate Financial Barriers For The BIPOC Community, And Black-Led Fintech Startup MoCaFi Is Helping To Make It A Reality - afrotech.com

Wells Fargo Aims To Alleviate Financial Barriers For The BIPOC Community, And Black-Led Fintech Startup MoCaFi Is Helping To Make It A Reality afrotech.com

New York City Will Stop Giving Debit Cards to Migrants - The New York Times

New York City Will Stop Giving Debit Cards to Migrants The New York Times

How MoCaFi brings banking to Black and Brown communities - Banking Dive

How MoCaFi brings banking to Black and Brown communities Banking Dive

MoCaFi Partners with FinLocker and TransUnion to Empower Black Americans to Build Credit and Wealth Through Homeownership - PR Newswire

MoCaFi Partners with FinLocker and TransUnion to Empower Black Americans to Build Credit and Wealth Through Homeownership PR Newswire

New Orleans mayor announces Crescent City Card program - WDSU

New Orleans mayor announces Crescent City Card program WDSU

MoCaFi Launches One-Stop App To Help Black Americans Become Homeowners - Black Enterprise

MoCaFi Launches One-Stop App To Help Black Americans Become Homeowners Black Enterprise

City’s migrant debit-card spending balloons — as no-bid vendor rakes in a fortune - New York Post

City’s migrant debit-card spending balloons — as no-bid vendor rakes in a fortune New York Post

Exclusive | Deal for NYC’s migrant cards pays firm percent of money doled out - New York Post

Exclusive | Deal for NYC’s migrant cards pays firm percent of money doled out New York Post

Inside Mayor Adams’ migrant debit card boondoggle — no-bid bank will hand out thousands to border crossers - New York Post

Inside Mayor Adams’ migrant debit card boondoggle — no-bid bank will hand out thousands to border crossers New York Post

NYC migrant families could make up to $15K per year under controversial $53M pre-paid credit card program - New York Post

NYC migrant families could make up to $15K per year under controversial $53M pre-paid credit card program New York Post

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