Creating Paths To Economic Mobility

MoCaFi was founded on the belief that no one is destined to struggle.

Despite the barriers to wealth equality,  you can access the tools and information you need to take control of your finances. And unlike alternative financial service providers like payday lenders and check cashing spots, MoCaFi’s business isn’t built on your fees—but instead on growing your access to quality financial services.

Our Founder

After more than 20 years of executive leadership in finance, Wole Coaxum founded MoCaFi in 2015 to bring new financial solutions to people and communities cut off from access to credit and sound financial services. Wole currently serves as MoCaFi’s Chief Executive Officer.

Previously, Wole served as Managing Director at JPMorgan Chase where he held a series of leadership positions in Business Banking, Card Services, and Treasury & Securities Services.

Wole currently serves as a Trustee of Phillips Exeter Academy and a board member of the Roosevelt Institute. He is a recipient of the Harlem YMCA – Black Achievers in Industry Award.

Our Team

Wole Coaxum

Founder & CEO

J.P. Morgan, Citi

Steve Royster

Product & Marketing

Nokia, General Assembly

Mika Chashaw


Mikasue Designs

Frances Ferguson

Relationship Management

Booz Allen, Bank of NY

Stanley Toussaint

Rent Operations

Kimberly Clark

Sylvia Sze


Arthur D. Little

Christina Storey

Lending & Insurance

Blockchain Initiative

Henry Thoman

Legal & Compliance

Rush Card

Ryan Mack

Financial Literacy


Manyell Akinfe-Reed

Financial Literacy