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Growing up in foster care on the South Side of Chicago, Derrius Quarles was used to hearing the word “no.” Certainly, the now-27-year-old is no stranger to racial discrimination, and was inspired to work through these types of problems by studying sociology at Morehouse College in Atlanta.

After graduating in 2013, Quarles and his fellow Morehouse alums, Ras Asan and Brian Williams, thought they could turn their experiences into a compelling business model. So in 2016, the founders put $500 of their own savings toward the launch of Breaux Capital (pronounced “bro”), an online platform and mobile app offering an automated savings tool and social network to connect like-minded Millennials across the country. 

They hope to empower users to take control of their financial futures and make themselves accountable in the present. “We’re a medium to give people the opportunity to build community, affect change, and kickstart their entrepreneurial aspirations,” explains co-founder Asan. “We wanted to use technology to facilitate the process of assisting folks, when it’s not necessarily obvious to them that they have to put away a lot of money today,” adds Quarles, who is Breaux’s CEO.

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This Startup Wants to Help Black Millennials

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Click link below for article:

https://www.inc.com/zoe-henry/30-under-30-2018-breaux-capital.html

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