On today’s episode of the Wharton FinTech Podcast, Ryan Zauk sits down with Ras Asan, Co-Founder of BREAUX Capital.
BREAUX Capital is the first fintech built by and for Black Male Millennials. It is a cooperatively owned and operated financial technology company that provides a software platform and membership community to increase the financial wellness of Black millennials. They accomplish this through savings goals, dividends & revenue sharing, co-investing opportunities, education, community building, and much more.
Ras and his team have been:
- Named to INC Magazine’s 30 under 30
- Featured in The New York Times, Black Enterprise, The Associated Press, Time Magazine, BET, The Chicago Tribune, American Banker, CNN, Huffington Post, and more
- Successfully pitched and secured investment from FUBU Founder and Shark Daymond John
- And just announced a partnership with Lenovo
In this episode, Ras discusses:
- His background and motivations for starting BREAUX Capital
- The obstacles his team faced along the way as young, black, first-time founders
- How BREAUX Capital's financial and social sides work
- Aspects of systemic inequality in the US that have destroyed black wealth creation including over-policing, redlining, and the GI Bill
- And much, much more
For more content from BREAUX Capital and their team, we encourage viewing Ras's Co-Founder, Derrius Quarles in his Ted Talk on YouTube,
"Derrius Quarles: How banks are failing African-Americans," or their website,
BREAUXCapital.com.
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