Master P and the founder of Rap Snacks James Lindsay have announced a new joint venture: Boss Up Bank. They both spoke with AllHipHop to discuss this new project and its significance to the Black community.
“Our model is based upon improving trust within the underbanked community. One way of doing that is by creating opportunities for growth within our bank,” James Lindsay said in the interview.
Boss Up Bank seeks to change the landscape of the modern banking system so that it works for everyone. The three principles of Boss Up Bank are: Savings That Matter, ATM Network and Second Chance Accounts.These principles are designed to eliminate the barriers of banking such as bad credit and service fees.
“We have created an avenue for the culture to learn more about banking and the importance of knowing your money,” Master P added. “If you are interested in building and understanding your finances, we encourage all to go to our website and sign up.”
This announcement comes right as the 2021 Boss Up Virtual Summit took place on Saturday. This event featured panelists including Master P, Romeo Miller and Rick Ross teaching young people about financial literacy and making your voice heard.
An exact date on when Boss Up Bank will be officially launched has yet to be announced however you sign up for updates at BossUpBank.com. Also, make sure you’re following both Master P (@MasterP) and James Lindsay (@AskFly1) on Instagram to get free gems on ways to take your entrepreneurial game to the next level.