Summary: 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. For more insights and analysis from FinTech leaders, follow us below: Medium: https://medium.com/wharton-fintech WFT Twitter: https://twitter.com/whartonfintech Ryan's Twitter: https://twitter.com/RyanZauk LinkedIn: https://www.linkedin.com/company/wharton-fintech-club/
