Feliz viernes, mi gente! We are rounding out the last week of Latinx Heritage Month, and feeling thankful.
After a month of storytelling, a conference on an access to capital and Moneda Moves being featured by adidas (you read that right!), we have the rest of the year to focus on making this month of pride and uplifting others in our community a movement versus a moment.
So today, on the last day of Hispanic/Latinx Heritage Month 2021, is that day when we begin. The day we begin to work towards a movement. We ride the momentum and rise, bringing our community across disciplines with us. I ask you: How will you leave you mark?
For me at Moneda Moves it begins with a new podcast episode to be introduced later in this newsletter, but also a partnership with my colega Vanessa Nevarez, journalist and founder of VELA Network. This week, we launch Hoy Cobré, a short IG Live series to share resources to help creatives get paid.
🗓 Synopsis: In 2020, not only did Latinx entrepreneurs show up, they showed out. This isn’t exactly new. It’s part of a historical trend with more than 4.5 million Latinx-owned small businesses in the US contributing more than $700 billion to the US economy.
What is new? Corporates have started to open their pockets in the wake of protests addressing racial inequality in the courtroom to the board room. In focus now are POC-owned brands and businesses -- but how do we ensure we get paid and build a runway not just for a moment but a movement?
Moneda Moves and VELA Network join forces to create a new series: “Hoy Cobré: Creatives Get Plata/Paid,” to talk about how brands and businesses can ensure they get paid. No te lo quieres perder! Catch the first installment this Saturday, October 16 at 9:30 AM PT/12:30 PM ET on @monedamoves.
Nos vemos entonces.
Headlines to put on your radar.
SUMA Wealth raises $2 million to help Latinx community manage money: In a latest round of funding led by Chingona Ventures, financial technology platform geared towards the Latinx community, SUMA Wealth has received $2 million to expand operations and launch mobile.
"The SUMA cap table looks like the SUMA community," Samara Hernández, founding partner of Chingona Ventures told Yahoo. "We're proud to reflect that diversity..."
On a separate note, it was perfect timing to have CEO of SUMA Wealth Beatriz Acevedo collaborate with our founder Lyanne Alfaro, at Nasdaq’s Hispanic Heritage Month conference on access to capital in the Latinx community to talk about these very issues and what it takes to educate with impact within our communities.
NEW Podcast Episode: Breaking Money Barriers To Bring Access To Sports: On the latest episode of Moneda Moves in partnership with adidas, we are speaking with Mario Argote, Chief Marketing Officer of Up2Us Sports, helping bring sports to underprivileged communities. He calls it a gateway to further opportunities. Opportunities like new skills, networks, and mindset. And it’s especially a game-changer for those who don’t have access today.
Up2Us Sports is a nonprofit on a mission to address these socioeconomic disparities, often taking place in people of color communities. Today, we discuss how the organization is providing solutions with bodies in these neighborhoods -- and we hear from a Up2Us Sports Sports Coach, Diana Luna, and Up2Us Sports VISTA volunteer, Emily Murtaugh, helping programs run more efficiently. We speak about the impact these volunteers have on kids in areas of need, how the program impacts their professional advancement and how they facilitate connection through community.
Voices in business, fintech, entrepreneurship and beyond.
Latinx Contributions to the Economy with Hispanic Star: To mark the end of Hispanic Heritage Month at Nasdaq, our creator Lyanne Alfaro interviewed founder of The Hispanic Star, Claudia Romo Edelman.
The power of the Hispanic community manifests when we are all united, so in this interview she equipped us with new stats and figures in order to help build within the community year-round and quantify our impact in the economy.
Thank you for joining us! Until next week, catch us here on Moneda Moves.