Funding Details
- Awarder
- WeFunder
- Date Award
- June 13, 2024
- Vertical
- Digital Banking
- Funding URL
- View Funding Page
Company Info
- Traction
- In the last 3 months, Xodus has been able to engineer banking relationships with several US banks to launch its product to a financially excluded market. The company is targeting unbanked and underbanked African immigrants who are in need of equitable financial services.
- Organizations Involved
- Techstars, U.S. Air Force, United States Air Force, Federal Reserve Bank, Office of Thrift Supervision, Office of the Comptroller of the Currency, Republic Security Bank, BankAtlantic, Union Bank of Florida, BankUnited, Florida Community Bank, City National Bank of New Jersey, Truist, Service Finance Company, LLC
- Founders
- Jelani Sutherland, James DeFrantz, Carlton West
- Company Description
- Xodus is a digital banking solution designed for African immigrants living and working in the US and other developed countries. The company aims to provide cross-border banking solutions for unbanked and underserved populations, particularly focusing on African immigrants who face challenges in accessing equitable financial services.
- Market
- Financial Services
- Location
-
New York,
New York,
US
Links