Guava, a Brooklyn, New York-based provider of a banking and networking platform for Black entrepreneurs, creators and small business owners, raised $2.4M in funding.
The round was led by Heron Rock, with participation from Ruthless for Good Fund, Precursor Ventures, Backstage Capital, Lexi Reese and Ed Zimmerman.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Kelly Ifill, Founded by Kelly Ifill in 2021, Guava offers digital banking services and a community platform built to address the specific needs of Black entrepreneurs, tackling the racial wealth gap head-on by facilitating the development, growth and resilience of these small businesses.
The company was recently selected to join Mastercard’s Start Path startup engagement program and was named first-place winner of the NYC Recovery Challenge, a partnership with Google, Cornell Tech and Tech: NYC to support companies that address underlying issues and provide equitable and sustainable growth through innovation.
FinSMEs
27/07/2022