Think Watts founder Brandon “Stix” Salaam-Bailey (Courtesy photo)

MoCaFi hosted their fourth On Our Block by MoCaFi™pop-up event in LA to engage Watts residents on pathways to wealth creation and homeownership.

On Saturday, September 9, MoCaFi—a financial technology firm dedicated to expanding access to banking services for underserved communities—hosted an On Our Block by MoCaFi™ pop-up event to engage Los Angeles communities on financial literacy and the foundations of wealth creation. The event featured 1-on-1 wealth empowerment sessions with local entrepreneurs and financial advisors as well as a panel discussion with Think Watts founder Brandon “Stix” Salaam-Bailey and MoCaFi Director of Financial Education Manyell Akinfe-Reed.

MoCaFi has held On Our Block events in cities around the country including Birmingham, St. Louis, Ferguson and New York City as part of their founding mission to reduce racial wealth inequality. On Our Block allows direct engagement with community members on financial literacy, the importance of credit and how they can create pathways for wealth creation. 
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Many people attended the MoCaFi event in Watts. (Courtesy photo)

“Los Angeles is the second largest city in the nation and there is no reason for any one of its residents to lack access to banking services and pathways to wealth,” said Wole Coaxum, founder and CEO of MoCaFi. “We’re excited to bring On Our Block back to the Watts community to engage with them on financial literacy and provide access to financial resources. We’re already building a lasting relationship with Los Angeles and we can’t wait to continue doing so.”

“I was honored to sit on a panel with real changemakers in LA, like Brandon Salaam-Bailey and to speak to so many LA natives about their financial futures,” said Akinfe-Reed. “Saturday’s event was a real celebration of community and prosperity.”

“On Our Block is an event to close the information gap for underserved communities. Each one, teach one is the mantra to produce financial success for all blocks nationwide,” said Salaam-Bailey.