Diverse Group of Immigrants Fund Fair Fintech
May 21, 20217 min
Grassroots fundraising effort forgoes funding from big banks and VCs to close opportunity gaps Fair, an ethical digital bank and multilingual financial services platform, offering banking, lending, investments and retirement announces 90% of its investors are people of color, 80% are immigrants and many are first-time investors in fintech. Fair CEO and Founder, Khalid Parekh, lead the grassroots fundraising effort and intentionally sought investors from the communities most in need of services from Fair to close...