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CapWay Delays Debit Card Launch to Late Summer, Braces for Increased Post-Pandemic Needs for the Unbanked
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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Startups are an integral part of any business & commerce ecosystem. This category covers founders, entrepreneurship, invention and venture capital.
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We are journalists, data researchers and people who care about the world now and ahead. By humanizing Black people’s engagement in tech related markets, one investigative narrative at a time, we move information beyond deficit narratives. Learn more about The Plug here.
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