Be Money is set to become the first LGBT+ challenger bank in the US, looking to tap the 11 million people living in America’s queer community. Currently in the swings of its pre-seed round, the start-up is planning to set up shop in Los Angeles, where there is a high density of LGBT+ consumers, and access to plenty of LGBT+-owned businesses. California is one of the largest states, by both population – roughly four million – and economy, to formally include LGBT+-owned businesses in its contract procurement. Nationally, certified LGBT+ businesses contribute around $1.7 trillion to the US economy, according…
Be Money looks to tap America’s 11m LGBT+ community
Be Money looks to tap America’s 11m LGBT+ community
