Press Release
MoCaFi is on the team selected by the U.S. Department of the Treasury’s Bureau of the Fiscal Service alongside BNY for Direct Express®
MoCaFi News
BNY to Manage U.S. Department of the Treasury’s Largest Prepaid Debit Card Program for Federal Benefits – Direct Express®
NEW YORK, November 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, has been selected by the U.S. Department of the Treasury’s Bureau of the Fiscal Service (“Fiscal Service”) as the financial...
MoCaFi Receives Two Innovation In Digital Banking Awards
Mobility Capital Finance (MoCaFi) is honored to be the recipient of two Innovation in Digital Banking Awards for 2024 from The Banker. MoCaFi was recognized alongside Bank of New York Mellon with awards in Digital Innovation and Financial Wellness. The partnership...
Wole Joins: Tech: NYC Board of Directors
Today, we’re proud to announce our Founder & CEO, Wole Coaxum, will join the Board of Tech:NYC, the city’s preeminent organization representing more than 800 tech companies and startups in New York. We’re committed to our team in NYC and the city more broadly, and...
Bringing financial services to underbanked communities
Wole Coaxum, founder of MoCaFi, told the Amsterdam News in an exclusive interview that his company’s goal is to help broaden access to the financial services industry for the underbanked, and to create better, more attentive banking services for those who feel...
Fintech startup from JPMorgan alum raises $23.5M
MoCaFi, a Harlem-based startup focused on strengthening access to banking for people without bank accounts, has announced it has raised $23.5 million in a series B round. The money will be used to expand MoCaFi's offerings and to work hand-in-hand with more...
MoCaFi, Raises $23.5 Million in Series B Financing
FOR IMMEDIATE RELEASE Date: Wednesday, May 31 Contact: press@mocafi.com MOCAFI, FINTECH PLATFORM TO CLOSE THE RACIAL WEALTH GAP, RAISES $23.5 MILLION IN SERIES B FINANCING Commerce Ventures led Series-B round, with participation from new strategic investors including...
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