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The accelerator, powered by gener8tor, is a 12-week program where startups expand their networks, gain insights from Northwestern Mutual executives, and refine their go to market strategies.
Ray Denis
Author
Ray Denis
Date Published
June 30, 2024
Sandbox Wealth Joins Northwestern Mutual's Black Founder Accelerator

Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, is proud to announce its selection to Northwestern Mutual’s prestigious Black Founder Accelerator. This initiative supports Black entrepreneurs in fintech, insurtech, data analytics, and digital health and offers a $100,000 equity investment to help propel Sandbox Wealth’s growth and innovation.

Northwestern Mutual's Black Founder Accelerator, launched in collaboration with gener8tor, aims to address the funding gap Black founders face in the startup ecosystem. The program seeks to foster diversity and inclusion in fintech by providing financial resources, mentorship, and strategic support.

Sandbox was chosen for its innovative platform that combines cash management and credit solutions with enterprise-grade analytics. The company’s solution integrates advanced technology and 16,000 data sources with personalized service, aligning with the Accelerator’s mission to back promising fintech startups that align with Northwestern Mutual's mission.

As part of the Accelerator, Sandbox Wealth will receive a $100,000 equity investment from Northwestern Mutual and access to a network of experienced mentors, industry experts, and potential investors. The program will offer valuable insights and guidance on scaling the business, refining the product, and navigating the competitive fintech landscape.

“We are honored to be selected for Northwestern Mutual’s Black Founder Accelerator,” said Ray Denis, CEO and Founder of Sandbox Wealth. “This opportunity will provide us with the resources and support to scale our operations and enhance our platform while gaining insights from a leading independent advisory firm. Access to gener8tor's network of mentors, corporate partners, and the broader community of founders only enhances the value of this program.”

The Black Founder Accelerator is vital to Northwestern Mutual’s commitment to fostering an inclusive entrepreneurial ecosystem. By investing in and mentoring Black founders, the program aims to create more equitable opportunities and drive positive change in fintech.

With this support, Sandbox Wealth is poised to accelerate its growth and continue its mission to provide cutting-edge solutions for high-net-worth clients. The company’s participation in the Black Founder Accelerator marks a significant milestone in its journey and underscores its dedication to excellence and innovation.

Sandbox Wealth is a turnkey banking solution for independent advisors and family offices. Please to learn more.
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