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Stackwell Capital

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Exclusive: Stackwell Capital Announces Launch Of Robo-Investing App, Plans To Team Up With NBA, WNBA To Accelerate Its Efforts

Since its inception, Stackwell Capital — founded by Trevor Rozier-Byrd —  has been on a mission to close the racial wealth gap. Now, it’s one step closer. Starting Sept. 21, users can access its robo-investing app, which will enhance their knowledge of the financial markets, according to a press release exclusively provided to AfroTech. Courtesy of Stackwell Capital The application will target Black Millennials and Generation Z Americans and aims to create better outcomes by enhancing their power and growing their wealth in the financial market.

Samantha Dorisca

Sep 21, 2022

Stackwell Capital Closes $3.5M Seed Funding Round To Support Launch Of Robo-Investing App This Fall

Stackwell Capital is working steadfastly to ensure Black Millennials and Generation Z Americans have the tools to create generational wealth. As AfroTech previously told you, the novel application founded by Trevor Rozier-Byrd, will introduce users to educational resources and automated model portfolios. The platform is engineered to empower the community and eradicate misconceptions or fears surrounding wealth building. Rozier-Byrd last told AfroTech that Stackwell Capital was working to adopt new measures that would incorporate financial literacy into Black communities. Stackwell Capital has stayed true to its word. The company has closed a $3.5 million funding round led by Michael Gordon, President of Fenway Sports Group; Jeremy Sclar, CEO and Chairman of WS Development; and The Kraft Group. CMFG Ventures Discovery Fund, Shea Ventures, SSC Venture Partners, Shorehaven Wealth Partners, and Theo Epstein, a consultant to Major League Baseball, also participated in the round, among...

Samantha Dorisca

Aug 3, 2022

Stackwell Capital Is On A Mission To Improve Financial Literacy For Black Americans

Looking to expose beneficial financial practices, Stackwell Capital will release a new application that will target Black Millennials and Generation Z Americans. Users will be introduced to educational resources and pre-built portfolios, according to information provided to AfroTech. The investing affinity application aims to eradicate the wealth gap for Black Americans. “Before founding this company, we fundamentally believed that the racial wealth gap is a social justice issue of our time that directly impacts many of the other gaps that have left people in the Black community feeling like they’re not set up for success in this country,” Stackwell Founder and CEO Trevor Rozier-Byrd told AfroTech. “Ultimately, I founded Stackwell to help more people in the Black community leverage the power of the market so that they could grow their wealth and have greater agency control to direct outcomes that better their lives, particularly those in the Millennial and Gen Z population where the...

Samantha Dorisca

Apr 7, 2022