Meet CAFE’s first fintech accelerator cohort

Funding Rounds

Summary

The fintech accelerator is the first step of many we will be taking to reach this mission and to transform the financial system to work better for all.The six startups were selected from over 60 applicants, Castell told Technical.ly. Parlay is focused on veteran-owned, women-owned, immigrant-owned, and black- and brown-owned small businesses who disproportionately struggle with affordable access to capital. Sunny Day Fund (Falls Church, Virginia): Powers workplace emergency savings programs for people-first employers shining the light on financial well-being. By automating and incentivizing savings for workers in sectors like hospitality, manufacturing, and healthcare, Sunny Day Fund removes barriers to banking and equitable wealth building. Wellthi (Arlington, Virginia): Helps people build wealth better together by equipping financial institutions with social community finance technology and payment solutions that foster financial health, credit readiness, and access to affordable capital directly through your mobile banking application.The official kickoff will happen on March 27 and 28, when CAFE will host Delaware Bankers, the American Fintech Council, UD Data Science Institute, the Delaware Prosperity Partnership and others.

$ Funding

$
Amount - Total raised
Date February 27, 2024 Announcement date
Investors - Lead investors
Company https://nester.app/ Funded company

Classifications

industries
Fintech & Banking
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