BlacPay INC is a financial technology company that operates as a digital banking platform (neobank) focused on serving the Black community in the United States. Its stated mission is to address systemic economic inequality by providing accessible and culturally relevant banking services, including checking and savings accounts, debit cards, and a marketplace for Black-owned businesses. By creating a dedicated financial ecosystem, BlacPay aims to facilitate the circulation of dollars within the Black community, fostering economic empowerment and wealth creation. It is important to note that BlacPay is a financial technology company, not a bank; its banking services are provided through a partnership with an FDIC-insured partner bank.

Founded in

United States