Member Exclusive, New banks

‘The financial industry was not built to serve the needs of melanated people because we were excluded from its construction’: Visa partners on crypto with First Boulevard

  • Visa partnered with digital bank First Boulevard for the anticipated launch of its crypto API pilot program.
  • The challenger bank which is focused on increasing financial inclusion for the Black community will enable its customers to purchase, trade and custody digital assets.
close

Email a Friend

‘The financial industry was not built to serve the needs of melanated people because we were excluded from its construction’: Visa partners on crypto with First Boulevard

Earlier this month, Visa partnered with challenger bank First Boulevard for its Crypto API pilot program which is expected to launch later this year. First Boulevard is focused on building generational wealth for the Black community and will be the first to pilot Visa’s new range of crypto APIs.

SPONSORED

 

The pilot will allow First Boulevard customers to buy, sell and store crypto assets administered by Anchorage, the first federally chartered digital assets bank. The soft launch underscores the first stage roll out of Visa’s crypto APIs before they are made available for Visa clients to integrate crypto features within their own products.

The pilot program marks the latest step in Visa’s digital currency strategy which is about expanding Visa’s role as a “network of networks” and a partner of choice for fintechs. 


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — only $49/mo. Already an Outlier member? Sign in to your account

0 comments on “‘The financial industry was not built to serve the needs of melanated people because we were excluded from its construction’: Visa partners on crypto with First Boulevard”

New banks

Navigating a changing business model: How banks can compete with fintechs

  • Fintech players are challenging the vertical business model by segmenting the value chain and coupling their own products with others’.
  • Banks can remain competitive by embracing this trend and rebundle their products to unlock new growth opportunities.
Iulia Ciutina | November 30, 2021
New banks

‘We were laughed out of a lot of rooms’: How Daylight and First Boulevard offer personalized banking experiences for underserved communities

  • A number of challenger banks have recently emerged to serve the needs of historically marginalized groups.
  • Daylight provides individualized banking services to the LGBTQ+ community, while First Boulevard caters to the financial needs of African Americans.
Ismail Umar | November 22, 2021
New banks

GoHenry zeroes in on finding the fun in finance

  • GoHenry is a banking app for kids that focuses on financial literacy.
  • With cash less of a staple payment form, GoHenry could be a solution to parents who want to track their kids’ allowances.
Rivka Abramson | November 16, 2021
New banks

‘Like navigating a dark forest with a dying mini-flashlight’: How Lance uses automation to simplify money management for freelancers

  • Lance provides automated banking solutions for freelancers.
  • The challenger bank recently launched a new feature that allows freelancers to receive direct credit card payments from their clients.
Ismail Umar | November 09, 2021
New banks

Radhika Duggal, CMO of community and business development at Chase, talks financial literacy for families

  • Financial literacy is becoming a crucial checkbox to mark for all players in the financial ecosystem.
  • Chase’s CMO of community and business development, Radhika Duggal, recently sat down with Tearsheet to give her thoughts on the topic.
Rivka Abramson | October 22, 2021
More Articles