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Fintech Banking Startup (Fair) Revolutionizes Equitable Banking with New C-Suite Exec Toni Harrison

*The banking structure in the United States is decades upon decades old. As a system, it’s designed as much for business profits as it is for storing the nation’s cash. 

Those profits are partly derived by various fees from customers such as overdrafts, ATM usage, and upcharges on interest rates based on a single late payment. 

People with less money in the system somehow end up paying even higher fees. However, as a fresh alternative, Fair, a multilingual Neobank and financial services platform, is set to revolutionize the industry. 

This new fintech banking startup aims to reduce the racial wealth and opportunity gaps that exist.

By naming award-winning communications veteran and multicultural engagement strategist, Toni Harrison as its Chief Marketing Officer, Fair introduces a trailblazing African American female as their new C-Suite executive. 

Harrison is the perfect fit for a company seeking to introduce innovative solutions to an age-old system. Her appointment is not only a boon for Fair, but it’s also a testament to those now challenging the entire tech industry, where only 2% of executives are Black, and women and are least likely to hold senior or executive-level positions compared to their male counterparts.

Fair enters as a maverick to the financial market after engendering $20 million dollars—notably with a 90% African American investor base—in under 40 days.

Get the FULL story at EURweb.com.

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Lee Bailey

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