194- Starting a Mobile Bank and FinTech Company with Sheena Allen

<p><span style="font-weight: 400;">This week’s guest, Sheena Allen, is the youngest Black woman CEO and founder of a bank. Sheena created CapWay, a digital banking app and financial service provider, with the goal of closing the income, race, and financial literacy gap through access to banking and opportunities. </span></p> <p><span style="font-weight: 400;">Growing up in Mississippi, she had first hand experience at what it was like to be underbanked and undeserved. Unlike major cities, there wasn’t a bank on every corner and banking options were limited where she grew up. In college, Sheena created her first app without knowing how to code and has been a force in the app and fin tech space ever since.  Her latest venture is a digital bank, CapWay. Tune in to this week’s episode to hear more about Sheena’s process to creating her very own digital banking app and her entrepreneurship journey. </span></p> <p><span style="font-weight: 400;">In this episode you’ll learn:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">How Sheena created and funded her digital banking app CapWay </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why she created it </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What the process of creating a FinTech company looks like</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What pre-seed, seed, and Series A mean</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How long it takes to build an app</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How much it costs to build an app and more...</span></li> </ul> <p>Special thanks to DCU for sponsoring the episode! Learn more about DCU by clicking <a href= "https://www.dcu.org/?utm_source=jamila&utm_medium=influencer&utm_campaign=dcu_q4_2020&utm_content=brand_podcast-shownotes&cid=dcu___br_4q2020_ja&mid=" target="_blank" rel="noopener noreferrer">here</a>.</p> <p>Sign up for my free class happeni