Guava: Raises $650K in Funding

Guava Raises $650K in Funding

  • Guava, a New York-based provider of a digital banking and networking platform by and for Black entrepreneurs, raised $650K as an extension of company’s pre-seed round
  • The round was led by Laidlaw Scholars Ventures
  • The company intends to use the funds to expand the product and its community aspect, supporting it in providing insights and sharing best practices with their customers
  • The company provides a mobile-first, connected banking platform
  • The company also offers access to an expansive community where Black entrepreneurs can connect, learn, and partner with each other
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...