Hill Harper launches The Black Wall Street app aimed to empower investors of color

Written for The Link Entertainment by

Kiara Desirai, Author at The Link Entertainment

Actor, Hill Harper, and Najah Roberts came together to launch The Black Wall Street app. The fintech app is the first black-owned digital wallet and Bitcoin exchange platform in the United States and intended to empower investors of color and will go live on June 1st.

The app offers a digital wallet for peer-to-peer payment including the ability to trade cryptocurrencies.

Harper announced his partnership with The Black Wall Street on April 8th. He outlined the entity’s mission and goals of creating a groundbreaking Fintech app for the Black, Brown, and Latinx communities.

The goal of the app is to give Black and Latinx investors a gateway into the digital transformation of investing and provide education on crypto and to close the racial wealth gap in the United States.

Harper is a Harvard Law School graduate where he began working with Black web developers last year. He aims to capitalize on mobile device trends in communities of color.

Harper said he’s hoping to attract “unbanked” consumers and more sophisticated investors looking for a Black-owned site for cryptocurrency purchasing. “It’s not just about transferring money to folks, it’s about transferring information, ideas, and building community, and we see that that is the real value and the real differentiator.”

The Black Wall Street offering enters a growing industry of fintech apps that allow peer-to-peer transfers including Square’s Cash App from PayPal’s Venmo. Rapper Killer Mike also launched this year the Greenwood app, another digital platform for investors of color.

On The Black Wall Street app, Harper said, “We have to encourage Black ownership and that’s what we want to do on the platform. We’re starting with a digital wallet and the ability to start to learn financial literacy, create a community, and allow people to invest.”

“But the ultimate goal is to create a whole ecosystem, and eventually a marketplace where the recirculation, the circulation of dollars through this digital wallet, allows job creation, business creation and job growth,” he said.

In May, The Black Wall Street will embark on a monumental journey with a 30-market financial literacy campaign and bus tour beginning in Los Angeles, California and culminating on Greenwood Avenue in Tulsa, Oklahoma, where Black Wall Street began. One hundred years ago when the mass destruction took place of what is still considered, the most successful Black economic community in the history of the United States.

The tour will visit thirty of the most disenfranchised communities in the US introducing financial literacy and cryptocurrency to individuals in these communities and gifting millions of Satoshis (fractile shares of Bitcoin). The Black Wall Street Bus Tour is the first of its kind, focusing on Bitcoin education and adoption within Black and Brown Communities.

Harper plans to continue to educate people of color on stopping their dollars from leaving the communities at rapid rates.

Read more articles at www.thelinkentertainment.com

Dominique Fishback set to lead alongside Samuel L. Jackson in ‘The Last Days of Ptolemy Grey’

Written for The Link Entertainment by

Kiara Desirai, Author at The Link Entertainment

Poet and actress Dominique Fishback has been making moves since her debut role in Project Power and recently in Judas and the Black Messiah where she worked alongside Daniel Kaluuya and has received a BAFTA nomination for her work in the movie.

Fishback is now joining Samuel L. Jackson to co-star in ‘The Last Days of Ptolemy Grey,’ the six episode series produced by Apple Studios for Apple TV+.

The series is based on Walter Mosley’s best-selling novel of ‘The Last Days of Ptolemy Grey.’ Mosley will write and executive produce the limited series. Ramin Bahrani will be directing and executive producing the series while Jackson will be included as executive producer too.

The Last Days of Ptolemy Grey follows Ptolemy Grey, who is played by Jackson, a 91-year-old with dementia who is fearful of letting anyone into his life after the shooting of his grand-nephew. That is, until he meets Robyn (Fishback), his niece’s 17-year-old lodger. Robyn is willing to take care of Ptolemy, but she’s not letting him fade without a fight and the two begin a journey that leads to Ptolemy taking an experimental drug which confirms he won’t see 92 but will live out his days in clarity and understanding.⁠

Dominique Fishback is attached to some dope projects and co-stars. We love to see her thriving.

Jay-Z aids in launching new app allowing minorities to raise their credit with subscriptions

Written for The Link Entertainment by

Kiara Desirai, Author at The Link Entertainment

Jay-Z is back at again investing into a new no-cost credit building app called ‘Perch’. Jay-Z and his company, Marcy Venture Partners (MVP) have invested $2.5 million into the new app. Perch will be a Los Angeles based credit building system that aims to help underserved communities boost their credit scores.

The app will be a platform to help young adults to quickly build good credit scores by tapping into non-traditional data points.

Perch credit CEO, Michael Broughton, and CTO, Ayush Jain, will join forces with credit unions that will report recurring payments such as rent and subscriptions to monthly streaming services such as Netflix, Hulu, and Spotify.

Broughton, who is 22 years old, has a goal of helping 100,000 people and he was inspired to launch his product after spending most of his life overseas and not even being exposed to venture capital.

“Perch is leaning into its network…being connected to Marcy, Citi, Softbank and other leaders in this space, we are able to truly put our ear down and communicate with our potential users,” Broughton spoke to Forbes. “There are so many people who need access to credit–from young artists to aspiring entrepreneurs–we want to help enable these people in a modern, free and fast way.”

Perch made its mark at the end of January and has secured many investment deals since.

MVP, which was co-founded by Roc Nation co-founders Jay-Z and Jay Brown with venture capitalist Larry Marcus, is allowing them to grant access to free credit building and financial literacy content.

Michael Broughton and Ayush Jain are preparing to launch a YouTube series around the topic of financial inclusion and literacy, growing trust in new fintech products along the way.