Esusu: Save More Money with Your Friends and Family
In cultures around the world families and friends pool their money together into a single pot of money. The process is called esusu, and a new app has adopted the name and making the process easier than ever.
Abbey Wemimo is the co-founder of Esusu. As an immigrant himself, Wemimo's mother practiced esusu and used that financing strategy to send Wemimo to school.
Wemimo explains that the main focus is to create a platform for immigrants and people of color, but of course he would be happy for all Americans to use the platform. Accessibility was a key factor in developing Esusu, which is why Wemimo says the company built a phone-based app.
Sallie Krawcheck, CEO and co-founder of Ellevest, joins Cheddar News' Closing Bell, where she explains how her firm is meeting the demand of women in the workplace who are looking to make and save more money.
Bence Jendruszak, COO and Co-Founder of SEON, joined Cheddar News' Closing Bell, where he says his platform sees more victims of online fraud during economic downturns, but explains why his company's solution can stop that trend.
Andrew Miller, Chief Operating Officer at Benchmark Mineral Intelligence, joined Closing Bell to discuss the warning from Rivian's CEO about a possible EV battery shortage due to lack of access to key metals like lithium.
While the push for sustainable fashion has been gaining traction, traditional swimwear is often still made with toxic plastic fibers. Natalie Herzig joins Cheddar News to explain how her brand Argot Swim is sustainable from sourcing to shipping.
Mike Gauyo, writer and founder of Black Boy Writes Media, joins Cheddar News to talk about the new class of mentees for his Black Boy Writes/Black Girl Writes Mentorship Initiative.
Ron Carson, CEO and Founder of Carson Wealth, sits down with Cheddar's Hena Doba to share why he prioritizes giving back to his community and the world and to share the work being done by his charitable 'Dreamweaver Foundation.'
Fresh off of ringing the opening bell on the Nasdaq on the marijuana holiday, 4/20, Yoko Miyashita, CEO of cannabis website Leafly, joined Cheddar News to discuss the future of cannabis in the U.S. and the growth of her company going forward. "I think this is a new a new high, pardon the pun, but really elevating 4/20 from what used to be sort of an insider cultural moment to something that we're recognizing across the industry, really memorials the impact that this industry has," she said.
Fathom Digital Manufacturing, one of the largest on-demand digital manufacturing platforms in North America, went public late last year and serves the product development and manufacturing needs of companies such as Google, Amazon, Tesla, Johnson & Johnson, and more. CEO Ryan Martin joined Cheddar's Opening Bell to discuss what the IPO means to the company and how he thinks digital manufacturing can help mitigate supply chain issues seen throughout the pandemic. "We can take parts that would take 4-6 weeks condense that down into just days using additive manufacturing in many cases. And so it's all about speed," he said.
