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MoCaFi is a fintech firm serving unbanked and underbanked Americans by partnering with government and philanthropic organizations to deliver cash assistance, mobile banking, financial education, and credit-building tools. Its core products include reloadable prepaid debit cards with no-fee ATM access, plus financial coaching and credit-building features. It distributes services at scale through partnerships and bulk shipments to drive adoption, with revenue from city and brand partnerships and fees for financial products and services. Its goal is to foster financial inclusion and create pathways to wealth for people outside or at the edge of traditional banking.
Industries
Consumer Software
Fintech
Social Impact
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$43.3M
Headquarters
New York City, New York
Founded
2015
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Total Funding
$43.3M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
Flexible Work Hours
Building stronger blocks with Citi & Project Access. A day of credit building, school prep, and community celebration in San Francisco. At On Its Block(R), Mobility Capital Finance, Inc. believe financial empowerment and community celebration go hand in hand. That vision came to life at Five88 in San Francisco, where Mobility Capital Finance, Inc. partnered with Citi's Affordable Housing Resident Initiative and Project Access to host an "On Our Block" Activation and Back-to-School Resource Fair. The day brought together residents, families, and partners to learn, connect, and celebrate. Together, Mobility Capital Finance, Inc. explored how programs like RentTrack+ help residents turn on-time rent payments into a pathway to stronger credit, while also gaining access to tools and resources that support long-term financial growth. Highlights included a Credit 101 workshop led by Citi, backpack and school supply giveaways from Citi's Women Inclusion Network, and a family movie night hosted by Xfinity. Kids left with new supplies for the school year, while parents walked away with practical knowledge and confidence to strengthen their financial future. Events like this remind Mobility Capital Finance, Inc. what's possible when community, corporate partners, and mission-driven organizations work together. A big thank you to Citi, Project Access, Xfinity, and every partner who showed up to make the day meaningful. At On Its Block(R), Mobility Capital Finance, Inc. is committed to building stronger financial futures - one block, one family, at a time. Interested in learning about AHRI? Read more here.
Mobility Capital Finance (MoCaFi) is honored to be the recipient of two Innovation in Digital Banking Awards for 2024 from The Banker.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
"MoCaFi will launch and pilot the Immediate Response Cards by first supporting families with children in HPD's care who are staying in hotels," city records state.
Mastercard also collaborates with MoCaFi Bank to deliver digital services to close the racial wealth gap and advance financial inclusion for Black Americans.
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Industries
Consumer Software
Fintech
Social Impact
Financial Services
Company Size
11-50
Company Stage
Series B
Total Funding
$43.3M
Headquarters
New York City, New York
Founded
2015
Find jobs on Simplify and start your career today