Tag: Ingenious

Ingenious Financial Announces Plan to Raise $10 Billion to Provide Technology to Unbanked and Underserved Communities | State

ARLINGTON, Va., April 6, 2021 /PRNewswire/ — Executives at Ingenious Financial today announced plans to raise $10 billion in capital to invest in unbanked and underserved communities.

Darnell Parker, founder of Ingenious Financial, and Derek Taylor, Chief Operating Officer of Ingenious Financial, say the $10 billion will fund the capital disbursement towards the following four initiatives:

  • $4 billion for the financial institution and holding company
  • $5 billion for technology products, smartphones, and broadband service
  • $600 million to lease nationwide training facilities
  • $400 million to hire 500 employees nationwide to train how to use a smartphone and teach financial
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