CapWay Founder Sheena Allen Sees Market Potential in the Underbanked

Millennial entrepreneur Sheena Allen wants to change our current financial system. Growing up in a small town in Mississippi, she saw firsthand how the lack of access to fair financial services created problems for friends and family. They had to stash money at home or turn to fee-heavy options.

She launched the fintech mobile banking startup CapWay to reach a market that includes 63 million unbanked and underbanked American adults as well as tech-savvy Millennials, Black Enterprise reported.

For this edition of the Plug In South LA Beat, our curation of must-read tech and innovation articles, let’s see how Allen differentiates her tech startup from competitors by targeting social entrepreneurship and profitability:

Black Entrepreneur Aiming to Capture Sizeable Market with Mobile Bank CapWay

Photo: CapWay founder and CEO Sheena Allen. Credit:

Recent Posts