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Lendtable — a Black-led fintech startup — has raised an $18 million Series A funding round led by O1 Advisors with other participants including SoftBank’s SB Opportunity Fund , Valor Equity Partners, and the CEOs of Complex Networks and Social Finance, Inc (SoFi), Socii Capital and Streamlined Ventures. Founded in 2020 by former Dropbox product managers Mitchell Jones and Sheridan Clayborne, Lendtable offers cash advances to allow employees to take full advantage of their 401(k) match all at once without needing to use any of their own money. Once their money has been vested, the San Francisco-based startup takes a portion of the profit earned. Jones and Clayborne were inspired to solve the problem of underutilized 401(k) matching by their own families’ financial struggles. “I’m obsessed with trying to help people save and invest their money. I come from a lower-middle-income Black community in Dayton, Ohio,” Jones told AfroTech. While an undergraduate at Yale Unversity, Jones...
For CeD Mixon, balancing user-centered design with data-driven product strategy is core to his approach. As a seasoned design leader, he collaborates closely with product managers, VPs, and cross-functional teams to keep the end goal sharply focused on the user. At AFROTECH™ Conference 2024 , Mixon shared actionable insights on when to lead with design thinking and when to lean into product-led growth. The session offered practical frameworks to help engineers, designers, and solution architects align product development with both user experience and business goals. With over a decade of experience scaling companies from small startups to global platforms impacting millions, Mixon reflected on entering the tech industry at a time when he was often the only Black person in predominantly white spaces. Purchase your ticket to AFROTECH™ Conference 2025 now! View this post on Instagram A post shared by AFROTECH™ Conference (@afrotech.conference) “In the beginning, I wasn’t that...