Stackwell ’s Post

🚀 Exciting things happening at Stackwell Our Managing Director of the Discovery Fund Elizabeth Coston McCluskey had the opportunity to attend a Washington Wizards game recently as a guest of Stackwell, an incredible portfolio company of ours making waves in financial inclusion. Stackwell has partnered with the Wizards to provide the DMV community with access to investment, education and financial resources. While the Wizards didn’t come out on top that night, the impact Stackwell is having on the community is undeniably a win. But the good news doesn’t stop there! Stackwell just released an exciting new study conducted by the Financial Health Network (FHN) showcasing the results of their Student Investment Program (SIP). Launched in partnership with the Student Freedom Initiative and Prudential Financial, this program is driving real change in the financial landscape for Black Americans, focusing on increasing investment access and education for college students. 🔑 Key findings from the report: - 2.5x increase in students with high investment knowledge - 89% of participants feel like investing is for “people like me” - 32% increase in participants with sufficient savings to cover 3+ months of expenses These results demonstrate the power of programs like SIP in addressing the racial wealth gap. Equity ownership not only builds wealth but empowers communities and drives resilience. And the momentum is building! With $1.65M in new funding, Stackwell is expanding the SIP to ten HBCUs and working hard to raise even more support to scale their programs further. We're proud to support them on this journey and to see how they're reshaping the future of fintech. Let’s keep the momentum going! Check out the findings, share the news, and help us spread the word. Read the report here https://lnkd.in/gdK4VV-9 #FinancialInclusion #WealthBuilding #InvestmentEducation #SocialImpact