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Startups
CapWay Delays Debit Card Launch to Late Summer, Braces for Increased Post-Pandemic Needs for the Unbanked
Feature
Written By Iris Crawford

Everyone is middle class until they lose their job,” says Sheena Allen, CEO of CapWay, on a late Friday afternoon while she works from her Atlanta office.

Her observation falls in line with that of researchers who project that as the pandemic drastically hollows out America’s middle earners via more job cuts, poverty rates could reach levels on par with those of the Great Depression.

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Jeffrey Bissoy Mattis
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