TRiBL joins Visa’s FinTech Fast Track program to add virtual debit cards to its social investor platform for Pan-African communities.
The Gathering Spot 1st June, 2021 — TRiBL, a Pan-African investment platform, today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa and allowing TRiBL to more easily leverage the reach, capabilities, and security that Visa’s global payment network offers. Through Fast Track, TRiBL is embedding a digital wallet in their social investor platform to power payments for U.S, customers, with plans to roll out the program to more markets in the future.
The collaboration will enable TRiBL to launch co-branded virtual Visa debit cards connected to the TRiBL wallet to enable customers to convert and spend from their TRiBL wallets at 70M merchants that accept Visa. Through the Fintech Fast Track program, TRiBL will leverage Visa’s global payment network to reduce friction in cross-border commerce and will support TRiBL’s international expansion. In addition to this, there are plans to enable Black investor communities to grow and monetize tribal economies online through digital wallets.
Ikechi Nwabuisi, CEO at TRiBL, expressed his excitement at coming together to build strong communities via the platform. “Our mission is to stitch together the Global Black Diaspora using the borderless economy of the internet. We’re building culturally connected highways across the internet for the exchange of education, investments, and services. Our offering is an all-in-one social investment platform that will help cultural communities across Los Angeles, Austin, Atlanta, New York City, Houston, San Francisco, and Miami, seamlessly connect, pool and build wealth with their communities,” said Nwabuisi.
“By joining Visa’s Fast Track program, exciting Fintechs like TRiBL gain unprecedented access to Visa experts, technology, and resources,” said Terry Angelos, SVP and Global Head of Fintech, Visa. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”
TRiBL customers represent multinational ethnic groups with ties to fast growing emerging markets like Nigeria, Ethiopia, Jamaica, Ghana, Brazil and more. The TRiBL Visa card will initially be available for U.S. customers, with plans to expand to additional markets in 2025 enabling TRiBL customers to spend from a balance in their wallet anywhere in the world that accepts Visa.
About TRiBL
TRiBL is a technology platform that provides a directory of investor communities for cultural groups to discover, launch, and manage investor clubs / communities. Our mission is to empower a community of 10,000+ Black & Brown investor communities to build and preserve wealth through strategic investments, innovative solutions, and inclusive opportunities.
To launch or join an investor community go to www.jointribl.com
If you want to host or build your community on TRiBL, e-mail Ikechi directly: ikechi@thetriblnetwork.com
TRiBL’s co-branded virtual Visa debit cards are issued through an issuer partner
