The Wealth Factory.
Angel's ultimate goal with her company is (and has always been) to develop financial literacy edtech games that empower and educate both students and adults. And she has been very successful at doing this! In fact, her company has been so impressive that the National Alliance of Public Charter Schools named it the ninth best ed-tech company of 2015.
Her company's Credit Stacker app is available in four languages and in 40 countries, and is quickly approaching 1 million downloads.
Although the app is free for users to download, the revenue model is to generate money on the back-end from advertisers in addition to contracts, including one that she already has with the Dept. of Health and Human Services. She also already has a partnership with the D.C. Dept of Insurance, Securities, and Banking.
In time, other major financial companies like NASDAQ, J.P. Morgan & Chase, Wells Fargo, and more will likely want to get on board as well.
A major challenge for Angel has been that women are still heavily discriminated against in the business and techhnology sectors, and their companies are not equally funded. In fact, less than 20% of venture capital dollars go to women-owned companies. And, for Black women, the numbers are even lower.
According to a report by #ProjectDiane, Black women represent only 4% of all women-led tech startups in the United States.
Angel told Forbes during an interview, “My competitor raised $75 million. I won best financial product and best learning game. My company raised only $200,000.”
Let's rally behind Angel and share her story and quest for funding with everyone you know. Don't forget to download Credit Stacker and share with students, family and friends today!
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