Austin, Texas (Dec. 3, 2021)— Wealth Stack today announced its participation in the Independent Community Bankers of America’s (ICBA) fourth annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center. The ICBA ThinkTECH Accelerator program fosters fintech-community bank collaboration through a rigorous 16-week program featuring a four-week incubator and a 12-week accelerator. This year’s program will provide a hybrid of on-site and virtual collaboration opportunities.
”Creating a pathway to generational wealth for diverse communities has been a lifelong passion for me as a young immigrant in search of the American dream,” Wealth Stack Founder and CEO Andrew Glaze said. “
Today, only 30% of adults in Diverse Communities invest in stocks, but we aim to change that by making investing easier and more accessible—and in doing so, closing the wealth gap in a significant way for historically underserved communities.”
partners with community banks to offer consumers access to a financial wellness platform designed to teach money management principals and investment fundamentals through curated financial courses. Once consumers are comfortable, they can perform stock transactions directly the company’s mobile app, which also offers stock updates and investment tips.
“Wealth Stack was chosen from hundreds of candidates for this year’s program based on the strength of its offering, the vision of its founders, and our shared goal to blend the best of technology with standout service for an unmatched customer experience,” ICBA Senior Vice President and Chief Innovation Officer Charles Potts said. “Innovation is key across the financial services landscape, and forums like the ICBA ThinkTECH Accelerator help ensure community banks are well equipped to meet the 21st century needs of their diverse clientele—today, tomorrow and well into the future.”
“Partnering with ICBA to select and mentor relevant companies and to help enhance community bank innovation is an honor and a privilege,” Wayne Miller, executive director of The Venture Center said. “For fintechs seeking meaningful relationships with community bank innovators, the fourth ICBA ThinkTECH Accelerator provides a platform with abundant opportunity.”
To learn more about the ICBA ThinkTECH Accelerator program visit icba.org/thinktech/accelerator.
About Wealth Stack
Wealth Stack’s mission is to help our users learn to create long-term wealth by teaching them how to invest in the stock market. Wealth Stack is an SEC registered white label financial wellness solution designed to partner with community bankd and SMBs. Wealth Stack’s integrated video library provides customized and real time insights for our community, simplifying the investment process.
About ICBA
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.8 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
About The Venture Center
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early-to-late stage companies and help validate their solutions for real-world problems. Our methodology provides a unique opportunity to connect with community bank executives, receive seed investment, and learn from a comprehensive curriculum aiding in strategically addressing go-to-market, business, and finance challenges. Learn more at www.venturecenter.co. Follow The Venture Center on Facebook, LinkedIn, Twitter, and Instagram.
