MMTC Honors MoCaFi With FinTech Empowerment Award

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MoCaFi is proud to announce that our Founder and CEO, Wole Coaxum, has been awarded the FinTech Empowerment Award for the success and achievements of his work with MoCaFi.

This award was given during the MMTC (Multicultural Media, Telecom, and Internet Council)  9th annual Broadband and Social Justice Summit on February 6th.

The FinTech Empowerment Award recognizes the work of innovative companies that utilizes technology to bridge the wealth gap and empower people from low income communities and communities of color. Both of these communities are often abandoned by larger financial institutions and are left to find ways to fulfill their banking needs on their own.

With the Akimbo MoCaFi Prepaid Mastercard®, people have the flexibility of a using their money everywhere Mastercard is accepted. Combined with the MoCaFi App, people will be able to set up direct deposit and take back agency in their finances to lead healthy financial lives.

We’re so honored that MoCaFi is being recognized with this amazing award and we will continue to provide the best resources for our growing MoCaFi community.