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A guide to investing in Black economic mobility
The McKinsey Podcast
Are There Examples of Progress That We're Making in This Area?
You're seeing more and more digital banks going after this underbanked or unbanked segment of the population. If done well, the operating model allows you to have a fee structure that works better for this group. You've seen some stock investing and other apps that lower the barriers. And then on the mortgage side, you've actually seen some innovative things from what I call non-encumbents.
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