For many in the U.S., February is a month of remembrance of the struggles and achievements of Black Americans of the past. For digital investment platform Stackwell, Black History Month is also an impetus for building a better future.
According to a press release from the Boston-based company, February can be a time for catalyzing change that closes the racial wealth gap in the U.S. With an eye toward opening investment opportunities to traditionally marginalized individuals, the company has launched a text affirmation program that provides inspiration and financial wellness tips to individuals who text “Black Wealth” to (833) 536-5416. Stackwell’s text program coincides with a wealth of investment workshops and sponsorships across the country.
“Starting with Black History Month 2023, Stackwell is going to redefine the meaning of Black wealth,” said the company’s Founder and Chief Executive Officer, Trevor Rozier-Byrd, in the press release. “By changing the perspective of what wealth looks like, and who investing is for, we will encourage and empower more people in the Black community to participate in the financial markets as a means towards growing long-term sustainable wealth.”