INDIANAPOLIS, IN — The Halo App, a private, peer lending community that connects people for #loans up to $1,000, today announced that it has partnered with Innopower and the Indianapolis Recorder Newspaper to make sure #underserved communities have a seat at the financial table.
Through this strategic partnership,The Halo App, Innopower, and the Indianapolis Recorder Newspaper provide a platform that has been optimized for the rapid distribution of funds to the city of #Indianapolis. The first mission is to get $25K into the hands of Martindale Brightwood residents, one of the leading zip codes for #predatorylending activity, in the next 7 days. “People understand that there is a need here,” said Taylor Simpson, Founder and Chief Executive Officer at The Halo App. “For decades, companies have taken advantage of this need by drowning hard-working people in #debt. Now, these same people can take advantage of the ease and simplicity of The Halo App platform and use this powerful and elegant borrowing tool to their benefit, not their detriment.”
“InnoPower will continue to push The Halo App as an example of technology that can be designed to solve problems and create opportunities in the black community,” said Emil Ekiyor, leader of Innopower.
Alongside their lending initiative, The Halo App will support the digital and technology arms of the Indianapolis Recorder’s community outreach programs, including the weekly Town Halls and community conversations. “I couldn’t be more excited to partner with these powerhouses in the Indianapolis area,” Taylor said, “We all share a collective vision to drive innovation through diversity and inclusion.”
About The Halo App
Founder at The Halo App