Banking Fintech News

Black Connect and NorthOne Announce Partnership

Black Connect and NorthOne Announce Partnership

Black Connect and NorthOne partner to drive better money management for entrepreneurs, small businesses, and freelancers

Black Connect and NorthOne are pleased to announce they have entered into a partnership that provides Black Connect members with the ability to organize their finances and achieve optimal money management with NorthOne’s banking platform. The agreement brings together two innovative service providers serving the small business industry. Through this strategic partnership, Black Connect members can now take advantage of the ease and simplicity of NorthOne’s banking platform that enables their customers to remove the painful back-office financial management work for business owners.

“This partnership offers strong support for our entrepreneur and small business members,” said Angela Majette, Co-Founder and President of Black Connect. “NorthOne’s approach to small business banking begins with the idea that you shouldn’t need a finance degree to run a small business and extends to easy integrations with other accounting, eCommerce, and payment processing or point-of-sales software and tools, like QuickBooks, PayPal, and Stripe, that our members utilize everyday to conduct business. Working together with NorthOne, we will place Black Connect members on the best path for successful money management.”

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Eytan Bensoussan, Co-Founder and CEO of NorthOne also commented on the announcement: “This is an incredibly exciting partnership. We built NorthOne because small business owners are underserved and misunderstood by traditional banking and fintech, especially in less privileged communities. We deeply believe that serving small businesses is one of the most impactful ways to unlock economic empowerment and social mobility in America. NorthOne can ease the burden of financial management so that Black Connect’s entrepreneur community can focus on the road ahead, and Black Connect can help ensure that our product and experience evolves with Black business owners in mind.”

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The partnership will allow the two companies to collectively provide tools and resources built for Black entrepreneurs that are aligned with both companies’ missions to encourage economic growth within the communities they serve.

Through the use of social channels like Blackconnect.com and others and a co-branded web presence, both groups look to raise awareness and engagement throughout the country. The goal is to reach and activate new members within the Black community, and to inject much needed revenue into Black Connect’s programs and initiatives for Black entrepreneurs.

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