Journey To Launch 194- Starting a Mobile Bank and FinTech Company with Sheena Allen
This week’s guest, Sheena Allen, is the youngest Black woman CEO and founder of a bank. Sheena created CapWay, a digital banking app and financial service provider, with the goal of closing the income, race, and financial literacy gap through access to banking and opportunities.
Growing up in Mississippi, she had first hand experience at what it was like to be underbanked and undeserved. Unlike major cities, there wasn’t a bank on every corner and banking options were limited where she grew up. In college, Sheena created her first app without knowing how to code and has been a force in the app and fin tech space ever since. Her latest venture is a digital bank, CapWay. Tune in to this week’s episode to hear more about Sheena’s process to creating her very own digital banking app and her entrepreneurship journey.
In this episode you’ll learn:
- How Sheena created and funded her digital banking app CapWay
- Why she created it
- What the process of creating a FinTech company looks like
- What pre-seed, seed, and Series A mean
- How long it takes to build an app
- How much it costs to build an app and more...
Special thanks to DCU for sponsoring the episode! Learn more about DCU by clicking here.
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Other related blog posts/links mentioned in this episode:
- Arlan Hamilton was a guest on Episode 155: Strengthen Your Mindset & Confidence to Turn Being Underestimated into Your Greatest Advantage
- Check out the other tools that help me with my finances and business here.
- If you missed enrollment, join the waitlist for my FI course and Money Launch Club. The FI Course now called: Map Your Path To Financial Independence will open enrollment soon!
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- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- Watch me on News12 Watch my latest segments on News12
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