SUNRISE BANKS
Partnering for Purpose with Fintechs One of Sunrise ’ s first key partnerships in the space is with Mobility Capital Finance , Inc . ( MoCaFi ), a fintech founded by Wole Coaxum . A banking veteran of both Citi and JP Morgan , Coaxum became frustrated by the limits of traditional banking and founded MoCaFi to deliver access to financial services to the communities that fell through the gaps . “ There was a large number of people within our society that were not well served by the traditional brick and mortar banking infrastructure ,” he says . “ But the evolution of technology as it relates to banking means that no longer do you have to tie your banking resources to a geographic location . I was attracted to how I might use my training and experience , and the emergence of some
“ Having insights , and having the ability to act on those insights , is how you create a significant amount of value for the customer ”
WOLE COAXUM CHIEF EXECUTIVE OFFICER , MOCAFI
pretty exciting technologies , to reach parts of the market that have otherwise been overlooked by some of the more traditional banking operations .”