Blacks and other minority groups largely remain outside the banking system. This is as a result of few banks operating in Black communities compared to white majority communities. According to the Federal Deposit Insurance Corporation (FDIC), Black and Hispanic households are more likely to be unbanked or underbanked. In a survey published in 2015, the...
The post Over 30 million Americans are underbanked, this young entrepreneur is seeking to change that appeared first on Face2Face Africa.
