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cover of episode Empowering Black Millennials with Ras Asan, Co-Founder of BREAUX Capital

Empowering Black Millennials with Ras Asan, Co-Founder of BREAUX Capital

2020/6/24
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Wharton FinTech Podcast

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On today’s episode of the Wharton FinTech Podcast, Ryan Zauk sits down with Ras Asan, Co-Founder of BREAUX Capital.

BREAUX Capital is the first fintech built by and for Black Male Millennials. It is a cooperatively owned and operated financial technology company that provides a software platform and membership community to increase the financial wellness of Black millennials. They accomplish this through savings goals, dividends & revenue sharing, co-investing opportunities, education, community building, and much more.

Ras and his team have been: - Named to INC Magazine’s 30 under 30 - Featured in The New York Times, Black Enterprise, The Associated Press, Time Magazine, BET, The Chicago Tribune, American Banker, CNN, Huffington Post, and more - Successfully pitched and secured investment from FUBU Founder and Shark Daymond John - And just announced a partnership with Lenovo

In this episode, Ras discusses: - His background and motivations for starting BREAUX Capital - The obstacles his team faced along the way as young, black, first-time founders - How BREAUX Capital's financial and social sides work - Aspects of systemic inequality in the US that have destroyed black wealth creation including over-policing, redlining, and the GI Bill - And much, much more

For more content from BREAUX Capital and their team, we encourage viewing Ras's Co-Founder, Derrius Quarles in his Ted Talk on YouTube, "Derrius Quarles: How banks are failing African-Americans," or their website, BREAUXCapital.com.

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