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August 13, 2022
Finance Technologies

Black-owned First Boulevard bank secures $5m ahead of its official launch

US-based neobank, First Boulevard (formerly called Tenth), has just raised $5 million in seed funding. TechCrunch reports that the fresh capital came from Barclays, Anthemis and a group of angel investors such as actress Gabrielle Union, Union Square Ventures’ John Buttrick and AutoZone CFO Jamere Jackson. Co-founder Donald Hawkins told FinTech Futures in December, that First Boulevard obtained “significant funding” and would reveal the details closer to its official launch. Part of its goal with the new capital involves building out a Black business marketplace. For co-founder Hawkins, the genesis for the Overland, Kansas-bank came after George Floyd’s murder. He…
Black-owned First Boulevard bank secures m ahead of its official launch

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