Grind Banking Launches: Fastest Growing Fintech in the African American Community
Summary
Headquartered out of South Central L.A.’s Crenshaw District’s famed Vector90 offices, GRIND aims to address the issue of unbalanced accessibility to banking within the African American community. GRIND will provide its members FDIC insured debit accounts, and a mobile banking app that conforms to the needs of the user. In January 2017 a void was created when Russell Simmons’ RushCard was sold to Green Dot.There was no longer a large-scale national black-owned solution to service the vastly underserved African American banking consumer. "Being orphaned at an early age and growing up within an underprivileged system provided clarity and vision for what my community has been lacking and inspired me to drive change. My years as a Fortune 100 executive within consumer brands and fintech companies have provided the ability to make an infrastructural difference.