Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Hill Harper Announces The Launch Of The Black Wall Street App

by ErinBoogie
April 13, 2021
Reading Time: 2 mins read
0
What Is National Unfriend Day and How You Should Celebrate It Every Year

What Is National Unfriend Day and How You Should Celebrate It Every Year

Share on FacebookShare on Twitter

Actor Hill Harper announced that he is launching a fintech app called The Black Wall Street, aiming to empower investors of color. The app is set to go live on June 1 and will feature a digital wallet for peer-to-peer payment, along with the ability to trade cryptocurrency, according to CNBC.

The app takes its name from the prosperous Black business district in Tulsa, Oklahoma. It was known as the Greenwood District and nicknamed Black Wall Street. Whites burned down the community in 1921 during a racial attack.

“What the Black Wall Street was in Tulsa and the Greenwood district is just very empowering,” Harper said.

As part of the app’s launch, The Black Wall Street is planning a 30-city financial literacy tour that begins on April 30 in Los Angeles. The tour plans to stop in Tulsa on May 31, the anniversary of when the original Black Wall Street was destroyed.

“We have to encourage Black ownership, and that’s what we want to do on the platform. We’re starting with a digital wallet and the ability to start to learn financial literacy, create a community, and allow people to invest,” Harper told the outlet. “But the ultimate goal is to create a whole ecosystem, and eventually a marketplace where the recirculation, the circulation of dollars through this digital wallet, allows job creation, business creation, and job growth.”

He hopes the app helps keep dollars in the Black community. Harper said, “dollars changed hands 60 to 100 times within a year before it left that Black community.” Now, on average, the dollar leaves the Black community within seven hours.

Rapper Killer Mike also launched a platform for investors of color this year called the Greenwood app. Greenwood app and The Black Wall Street app join a growing field of fintech apps, such as Square’s Cash App and PayPal’s Venmo.  

 

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Black Wall Streethill harper

Related Posts

Dr. Phil’s Merit Street Media Files for Bankruptcy After Clash with Christian Broadcaster TBN
News

Dr. Phil’s Merit Street Media Files for Bankruptcy After Clash with Christian Broadcaster TBN

July 4, 2025

Dr. Phil McGraw's Merit Street Media has filed for Chapter 11 bankruptcy in Texas after a financial clash with its...

Trump’s Immigration Policies Are Slowing Sales of America’s Top Beer Brands
News

Trump’s Immigration Policies Are Slowing Sales of America’s Top Beer Brands

July 4, 2025

Constellation Brands, the powerhouse behind Modelo and Corona, is sounding the alarm over a notable slump in beer sales, and...

Chuck E. Cheese Launches Chuck’s Arcade: An Adult Playground with Booze, Games & Nostalgia
News

Chuck E. Cheese Launches Chuck’s Arcade: An Adult Playground with Booze, Games & Nostalgia

July 4, 2025

Chuck E. Cheese is getting a grown-up upgrade. The family-friendly brand just launched Chuck’s Arcade, a new concept built with...

Tragic News: Soccer Star Diogo Jota and Brother Killed in Fiery Crash in Spain
News

Tragic News: Soccer Star Diogo Jota and Brother Killed in Fiery Crash in Spain

July 4, 2025

Liverpool forward Diogo Jota and his younger brother André Silva tragically died in a fiery car accident in Spain early...

Next Post
Vaccine

Several Colleges Will Require Students To Have The COVID-19 Vaccine Before Returning to Campus

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d