“Everyone needs the opportunity to fully participate in the economy”
— Wole Coaxum
In 2014, as Ferguson erupted in protests following the police shooting death of an unarmed Black teenager, Wole Coaxum sat in his Wall Street office and considered ways to address social inequities by closing the racial wealth gap.Today, MoCaFi is innovating banking to serve the 50 million population of unbanked & underbanked Americans.
Our Vision
For all communities to achieve prosperity regardless of ethnic, financial, or social status.
OUR Mission
To help excluded communities create wealth through better access to public, private, and social capital.
Leadership
Wole Coaxum
Founder and CEO
Megan Lyons
Chief Operating Officer
Varun Gupta
Chief Financial Officer
Steve Royster
Head of Marketing
Joe Halprin
General Counsel
Stevie Coleman
Head of HR
Janitra Taylor
Head of Product
Nisha Baliga
Head of Strategy
OuR TEAM
Current Openings
MoCaFi is a financial services platform for the 110 million Americans dealing with economic hardship and no path to a better circumstance. Our platform consists of a prepaid Mastercard, FDIC-insured bank account, money management app, credit-building bill payment and personal wealth coaching. We’re helping communities spend smart, build credit, and live wealthy.
