Money Avenue Announces The Opening Of 100% Black-Owned Digital Bank

October 22 11:24 2020

Money Avenue is an emerging FinTech firm that has entered into the world of digital banking. The firm not only provides simple financial services but the latest personal and business-based financial products.


Money Avenue, a New Jersey-based 100% black-owned bank, is all set to enter the area of digital banking. The firm provides finances for individuals and business houses and simple banking services like saving and checking accounts. The company also offers the latest wealth-building tools as insurance products, business and personal lending, and educating the users on building wealth.

According to A. Donahue Baker, CPA – Co-Founder, CEO, “Money Avenue cuts the red tape involved in the financial and banking institutions. We are helping to create more minority real estate developers and entrepreneurs so that they can get the power of their earnings back into their hands. Our team helps people by providing them personalized financial plans to become better entrepreneurs and business leaders. We aim to bridge the wealth gap with our modern wealth-building tools.”

Money Avenue helps small firms and enterprises to establish, build, and optimize their business credit. With cutting-edge technology, the firm offers financial borrowing, high interest saving and checking accounts, investment options, at a much lower costs than traditional banks. It makes banking more accessible. Money Avenue assures that lenders do not have to worry about their finances deposited in the digital banks, as they are secure and FDIC insured. 

Money Avenue, through its digital banking system, will be building a strong community culture that will open the doors to building wealth for many.

About Money Avenue

Money Avenue is an NJ-based FinTech firm that provides hundreds of funding solutions to the black community.  The company is listed as the 9th fastest growing FinTech company in the country. They are entering into digital banking world to meet the customer’s modern financial needs.

For more details, reach out at

Media Contact
Company Name: Money Avenue
Contact Person: Media Relations
Email: Send Email
Phone: +1-(862) 666-3965
Country: United States