Launching the robo-investing app successful the Google Play store importantly increases accessibility for the Black community, arsenic Stackwell positions itself to accelerate its maturation successful 2023

, /PRNewswire/ -- Stackwell, the integer concern level designed to destruct the radical wealthiness gap, contiguous announced its app is present disposable for download by each Android telephone users successful the Google Play Store. The robo-investing app, which addresses and removes the social, affectional and taste barriers to introduction resulting successful underinvestment successful the fiscal markets by the Black community, launched in September 2022 for iPhone users successful the App Store. With this important expansion, the Stackwell app is present accessible for each smartphone users with a $1 monthly subscription interest and a $10 concern minimum.

"The merchandise of our app to the Google Play store is different important milestone for america arsenic a company, and represents the realization of 1 of our halfway objectives, which is to summation accessibility and trialability for much members of the Black assemblage by intentionally gathering them wherever they are," said Stackwell laminitis and CEO Trevor Rozier-Byrd. "Our merchandise contiguous positions america good to proceed to accelerate the maturation of our idiosyncratic base, and further grow our spouse ecosystem."

Expansion to Android provides greater accessibility for the Black community, arsenic information shows 66% of Black and African American households similar Android phones.

Stackwell's announcement comes arsenic the institution kicks disconnected a bid of in-person events with their strategical partners crossed the country. The institution volition beryllium hosting assemblage activations with its NBA and WNBA partners successful Detroit, Minneapolis, New Orleans and Washington D.C. starting successful Q1, including fiscal wellness and concern acquisition events with each of the teams astatine signifier facilities and different vicinity venues. In addition, Stackwell volition statesman in-person events for its HBCU-focused initiatives with Hampton University, and the Student Investment Program (SIP) with Student Freedom Initiative and Prudential Financial. These past 2 programs are designed to absorption connected the youngest procreation of aboriginal Black leaders, arsenic Black Millennials and Gen Z-ers look the largest radical wealthiness spread successful the country.

Stackwell is simply a person successful the fiscal entree and inclusion space. Through its galore strategical partnerships Stackwell has invested astir $800,000 backmost into the Black assemblage successful the signifier of effect superior and scholarships to enactment the aboriginal advancement and wealthiness gathering opportunities of Black students, entrepreneurs, creators and tiny concern owners, among others. Reinvestment into the Black assemblage is simply a cardinal constituent of Stackwell's interaction strategy, and the institution volition proceed to align itself with strategical partners and benefactors that are likewise focused connected this work.

"Core to addressing Black underinvestment successful the fiscal markets is expanding practice successful this space," said Rozier-Byrd. "Through our strategical partnerships we person been capable to make a consciousness of assemblage and an ecosystem of web effects that volition supply tangible payment to our users and importantly accelerate the maturation of Stackwell successful an businesslike manner."

Smartphone users tin download the Stackwell app contiguous successful the App Store and Google Play Store.

About Stackwell

Stackwell Capital, Inc., is simply a fintech institution that has created a integer concern level for the Black assemblage that is designed to destruct the radical wealthiness spread successful America. Stackwell provides the fiscal concern tools and guidance indispensable to assistance physique lasting wealth, equity, and adjacent opportunity. Stackwell is simply a subordinate of the 2022 Financial Solutions Lab, and MassChallenge U.S. Early Stage accelerator programs. For much information, visit stackwellcapital.com.

Contact: [email protected]

SOURCE Stackwell