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Increasing Access to Banking for Marginalized Communities
The chapter explores the issue of unbanked and underbanked households in the US, particularly focusing on the challenges faced by black and Hispanic households. It discusses the efforts made by Wells Fargo and Mocha Fi to serve diverse business owners and highlights the need for an economic justice agenda. The chapter also discusses the partnership between Mocha Fi and Wells Fargo, their collaborative efforts, and the sustainable business model they aim to achieve.