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Cadence Cash Launches Revolutionary Payment Platform To Support Women and Minority Business Owners

The MVP version is available to select small to medium-sized businesses

Raleigh, NC – WEBWIRE

Today Cadence Cash, a digital payment platform that supports women and minority-owned founders in funding their companies, is pleased to announce the launch of its application. The ground-breaking platform helps to close the, historically large, funding gap for underrepresented entrepreneurs by providing seamless, secure, and low-cost payment processing to their businesses.

Startling data from The U.S. Commerce Department reveals a troubling trend: minority-owned businesses face significant hurdles in securing funding, particularly for those with gross receipts below $500,000. What’s more, even when minority-led businesses do secure funding, they face higher interest rates compared to their white-owned counterparts.

As the data proves, traditional banking institutions are entrenched with many racial and gender-based disparities. That’s why Cadence Cash’s founder, Charles Inokon, was inspired to create a platform that increases access to capital for women and minority founders. This new application tremendously reduces the costs and latency associated with raising capital.

“The numbers speak for themselves. Systemic bias is preventing underrepresented entrepreneurs from accessing the capital they need to thrive, and it’s time for a change,” said Inokon. “We are excited to launch our offering that is not only mission-based but also the most efficient way for businesses to transact. We believe it has the potential to transform the way our clients raise capital.”

The innovation of the Cadence Cash platform allows users to receive payments for their goods and services faster, and with lower fees than traditional lending platforms. The platform also offers enhanced security features to ensure that transactions are protected.

“We spent a year consulting small business owners, financial analysts, legal counsel, and prospective investors to develop our software platform. We are confident that our launch will generate valuable feedback from our beta testers, which will help us to continue to refine and improve the platform,” said Inokon.

Cadence Cash is available for beta testing now to a select group of small to medium-sized businesses. Interested companies can sign up for the program by visiting our website at

About Cadence Cash

Cadence Cash revolutionizes digital payments by providing a seamless and secure platform for businesses to send and receive money online. The B2B platform offers advanced features such as instant payments and low transaction fees, empowering businesses to manage their finances with ease. With Cadence Cash, you can simplify your financial life and experience a new level of convenience and security in the world of digital payments.

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 Cadence Cash
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