First Boulevard raises $5m for Black community-focused neobank

First Boulevard, a neobank focused on the Black community, has raised $5 million in a seed funding round joined by Barclays. Anthemis and angels such as Gabrielle Union, John Buttrick and Jamere Jackson joined the round for First Boulevard, which has set itself the goal of helping Black America build generational wealth. First Boulevard is one of several digital banks - including Tenth and Greenwood - that have emerged in recent months as The Black Lives Matter movement has led...
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