BLAC Finance

OneUnited Bank, one of the nation’s largest Black-owned banks, is making waves by partnering with Esusu, a credit-building platform. This collaboration aims to change the homeownership journey for renters, effectively converting their rental payments into pathways to credit improvement. This groundbreaking partnership comes just in time for Financial Literacy Month.

Black-owned community college startup, Campus has made waves by securing an impressive $46 million in Series B funding. This landmark investment underscores the significance of inclusive education tailored specifically for the unique needs and aspirations of the next generation. Campus sets itself apart by providing students access to live classes taught by highly acclaimed professors with backgrounds from prestigious institutions like Stanford, UCLA, and Howard University.

In a year marked by profound shifts and challenges, a glimmer of hope shines through for the Black community’s pursuit of homeownership. According to recent data, the Black homeownership rate experienced the largest annual increase among racial groups, a testament to the resilience and determination that has long characterized this journey.

In an ever-evolving business landscape, Black-owned businesses are taking center stage, driving innovation and fostering community growth. Their journey, marked by resilience and tenacity, is a testament to the entrepreneurial spirit that defies adversity and aims for success. The recent study from LendingTree highlights a significant uptick in Black-owned businesses. Amid numerous challenges, these entrepreneurs are making remarkable strides, leaving an indelible mark on the economic landscape.

In the ongoing quest for economic empowerment within the Black community, the phrase “buy Black” has become a rallying cry. However, while supporting Black-owned businesses is undoubtedly crucial, it is not the entirety of the solution. True economic progress necessitates a holistic approach, and one of the most pivotal components lies in the support of Black-owned banks. Black-owned banks play a vital role in facilitating the circulation of wealth within the Black community.

Black Girl Vitamins (BGV), the trailblazing health and wellness brand catering to the unique needs of Black women, has secured a remarkable partnership with the Atlanta Dream, the Southeast’s premier WNBA franchise. This collaboration marks BGV’s role as a “Supporting Partner of the Atlanta Dream Team” for the highly anticipated 2025 season, seamlessly intertwining the worlds of sports, fitness, and wellness.

For decades, Black radio and audio content creators have been the beating heart of their communities, shaping culture, setting trends, and fostering trust. However, in an increasingly digital world, many brands have overlooked the unmatched influence of these voices—until now.

On a recent episode of the Roland Martin Show, Ron Busby, Sr. stood shoulder to shoulder with political and business leaders to shed light on the pressing issues faced by Black and minority-owned businesses. From key challenges to exciting opportunities, this conversation ignited a beacon of hope for the community.

BLAC Finance welcomes you to this enlightening Q&A with Dundee Gouin – a commendable figure in financial planning and a managing director at Northwestern Mutual in Chicago. As an advocate for financial prosperity among underprivileged communities, Gouin’s work enthusiastically straddles the intersection of finance and social responsibility.

What’s good, BLAC family? Let’s take a moment to pour ourselves a glass to celebrate the Black Owned Spirit that is Fior Scotch. This Scotch isn’t just smooth – it’s a salute to authentic Scottish tradition made with love by our brother, Eric Dominijanni, making every sip noteworthy. ‘Fior,’ Gaelic for ‘pure, true, and clean,’ isn’t just a name—it’s a statement. A reminder that in our brilliant Black community, authenticity should always shine through.