Fintech Guava raises $2.4M to provide banking services to Black small-business owners

Guava, a banking and networking platform targeting Black entrepreneurs, announced today the closing of a $2.4 million pre-seed round led by Heron Rock.

Founded last year by Kelly Ifill, the company aims to narrow the racial wealth gap by providing financial services to Black small businesses and creators. The digital banking platform — set to launch early next year officially —allows entrepreneurs to check expenses, budget, transfer money, track growth and connect with other entrepreneurs looking to scale their businesses.

Read more: TechCrunch