Technology
The Founder of a Company That Created a Wealth Management Product Her Grandma Would Love

Mical Jeanlys-White created WealthMore out of frustration.
After spending years on Wall Street, constructing products at American Express and serving as a managing director at JPMorgan Chase, she realized the financial industry still had a long option to go in helping consumers construct and understand wealth.
“Seventy percent of Americans don’t have access to a financial advisor because of high account minimums and high fees, yet people who use a financial advisor are accumulating twice as much wealth,” she told TechCrunch. “When I tried to find a financial advisor, I encountered the same frustrating, broken experience.”
Its response was to launch WealthMore, an investment platform that requires a deposit of just $5,000 so clients can connect with advisor-led portfolios, licensed financial advisors and financial planning services.
The idea got here to her while riding her Peloton bike.
“I like to say WealthMore is Peloton meets wealth management,” she said. “Our goal is to normalize that for the 99 percent. When more people are doing better financially, the social and multiplier impact is significant.”
After two years of constructing the corporate, the corporate beta version quietly launched in June and is officially announcing it today, here at TechCrunch.
Building the product was a deeply personal journey for Jeanlys-White. Her grandmother had immigrated to the U.S. from Haiti and was the family’s unofficial financial coach. Like many immigrants, she belonged to a savings club that helped her achieve her goals and put a down payment on a house. She enjoyed talking about money and being around like-minded people.
“But her money was wasted in low-interest savings accounts and deposits,” Jeanlys-White continued. “She never made it onto a bank roll. With the help of a financial advisor, she could have become a millionaire and created wealth for generations to come.”
The difference in racial wealth is large. Federal the info shows that While median black wealth increased from $27,970 to $44,890 between 2019 and 2022, those numbers still lag behind other racial groups. Latino households have a median wealth of $62,000, white households have a median wealth of $295,000, and Asian American households have a median wealth of $536,000. The 2021 U.S. Census found that white households own 80% of the country’s wealth, compared with 4.7% for black households. This racial wealth gap has been hard to shut because some experts believing that it might take one other hundred years to succeed in similar levels.
Jeanlys-White notes that girls stand to lose no less than $1.2 million as a consequence of the gender pay gap, and only 49% of black women have a 401K compared with 62% of all adults. “The pay gap is a key contributor to the retirement savings and wealth gap,” she said.
Researching potential users and constructing a brand
Before she began constructing the platform, Jeanlys-White surveyed greater than 300 potential users to learn how much they’d be willing to pay. That helped her set the corporate’s pricing tiers—there are three tiers, starting at $25 monthly with a $5,000 minimum account—and the design of the positioning. She partnered with Apex Clearing Corporation to offer brokerage services.
To help construct its brand, the corporate launched lifestyle products like clothing and hosted wealth-building talks at hair salons, doctor’s offices and conferences. “People were willing to be honest and open with us.” In addition, Jeanlys-White made sure the platform featured a diverse range of wealth advisors, saying wealth builders often don’t see themselves represented within the industry.
On the app, the corporate has created communities like #firstgenwealth and #newinvestors where people can join and organize classes and events. “We created communities like #blkwomenhealth to address these unique factors and empower our community to leverage investments and sound financial planning to get ahead,” Jeanlys-White told TechCrunch. (She said users can find her at #firstgenwealth, #blkwomenwealth, and #womenwhowealth.)
Despite the difficult financial environment for fintech firms, Jeanlys-White began fundraising for her company in October 2023 and closed an oversubscribed pre-seed round of no less than $1 million led by Emmeline Ventures in April 2024. Other investors include a16z TxO, BFM Fund, and First Row Partners.
She mentioned that early investors had expressed concerns about previous fintech firms that had struggled within the space, but she continued to flesh out the corporate’s story.
“Once investors were able to ‘see’ the product, the pace of our fundraising changed dramatically,” she added.
The team now has 10 people. The first hire was a head of engineering because Jeanlys-White was not a technical founder and needed someone to assist her get the product to users, she said.
She hopes the corporate will come out of beta by the tip of the 12 months, in time to assist people achieve their financial New Year’s resolutions. For now, Jeanlys-White is just excited to see people start using the platform, and she or he thinks back to her grandmother’s experiences.
“She would love WealthMore,” she said, noting that she would especially love the communities. “Our wealth advisors would help her overcome her fear of the stock market, and that would be a huge win. She smiles at WealthMore.”
Technology
The signal is the number one application in the Netherlands. But why?

The application signal for sending a privacy -oriented message flew high in Dutch application stores last month, often sitting at the top as the most steadily downloaded free application for iOS and Android in all categories, for data from many application tracking platforms akin to the sensor tower.
The application has experienced popularity over the years, often in response to Changes in politics in rivals akin to WhatsApp Or Geopolitical events. This is because Signal has set a reputation as a more friendly privacy option-it is served by the non-profit foundation (though based in the USA), not a personal company focused on data earning data. In addition, the signal tracks minimal metadata.
In 2025, along with the recent US president, who strengthened the warm Big Tech hug, it is not surprising that digital privacy tools have a moment – especially in Europe, which attracted the anger of President Trump.
But this time, the meaning of the signal in one very specific place-Holandia is particularly eye-catching.
IN Interview with Dutch newspaper de Telelegraaf last week, President signal Meredith Whittaker He noticed that the number of “new registrations” in the Netherlands was 25 this 12 months, even though it is not clear what the exact comparative period for this data is.
Asked why the Netherlands recorded such development, Whittaker pointed to the combination of things: “growing awareness of privacy, distrust of large technology and political reality in which people realize how sensitive digital communication can be,” said Whittaker.
Data provided to TechCrunch from the application intelligence company Appfigures Increase in Signal Signal in the Netherlands. According to its data, the signal was 365. Among the applications apart from the iPhone in the Netherlands on January 1 and didn’t appear on the list of the most significant general applications. Then, from around January 5, he began to climb the rankings, reaching the highest position until February 2.
The signal immersed and comes out of the lead during weeks, spending around mid -February at the top – including every single day from February 22. By digging deeper into the data, the AppFigures estimates that the total download in Apple and Google Applets in total in December 2024 jumped to 99,000 in January and increased to 233,000 to February – 958%.
While a part of this height could be assigned to a lower saturation signal than other markets, a continuing application position at the top in comparison with neighboring markets of comparable size.
“No other markets are approaching the Netherlands in terms of growth between December and February,” said AppFigures Techcrunch.
For comparison, from December in Belgium, download increased by over 250%, Sweden by 153%and dishes by 95%.
So why the signal can experience what one redditor called “The moment of mass adoption“In the Netherlands?
Clear signal
Give ZengerSenior Policy Advisor at Dutch Digital Rights Foundation Fragments of freedomHe said that even though it is difficult to point one specific reason, he is not surprised.
The last changes in the US have seen Large platform suppliers Adapt with the recent Trump administration, and this has retained a major public and media debate. Relying Europe from the technology of big private American corporations has turn out to be the point of interest of this debate.
“The Dutch are, like many others, very dependent on the infrastructure provided by extremely dominant technology companies, mainly from the USA,” said Zenger. “What does this mean, and the risk that results from it has been nicely demonstrated in the last few weeks. As a result, the public debate in the Netherlands was relatively sharp. Where in the past this problem was discussed only at the level “:” I feel that we are now conducting a debate at the higher levels: “.
In this context, society can mix dominance with data protection abuse. Since corporations akin to meta are frequently studied and fined in the field of information privacy practices, the signal could appear to be less evil: it is based on the US, but supported by a non-profit organization, which ensures encryption of each the content of the message and around it.
Vincent BöhreDirector of the Dutch Organization of Privacy Privacy firstHe also pointed to increased media relationships and a wider change of public opinion.
“Since a few months ago he was re-elected in the United States, in the Dutch-and European media, which seem to support Trump, there were many” Elon) Muska. “Articles criticizing X (previously Twitter) and Meta appear everywhere in the Dutch media, which leads to a change in Dutch public opinion: even people who have never really known or cared for privacy and security in social media, suddenly became interested in” friendly privacy “alternative, in particular the signal.”
Signal of intentions

While the Netherlands is only one market of 18 million people in the European population over 700 million, its increase in adoption can signal a wider trend throughout the continent, especially when governments try to cut back privacy barriers.
For example, Apple has recently pulled out comprehensive encryption from iCloud in Great Britain to counteract government efforts to put in a backdoor.
Speech Fr. Rightcon 25 In Taiwan, this week, Whittaker confirmed the unwavering Signal attitude regarding privacy.
“Signal position on this subject is very clear- we will not walk, falsify or otherwise disturb the solid guarantees of privacy and security that people rely on” Said Whittaker. “Regardless of whether this disturbance or backdoor is called scanning on the client’s side or removing the protection of encryption against one or the other, the features similar to what Apple has been forced to do in Great Britain”
Separately, in Interview with Swedish public broadcaster, Whittaker said that Signal wouldn’t follow the proposed Swedish law requiring application to send messages for storage.
“In practice, this means asking us to break encryption, which is the basis of our entire activity,” said Whittaker. “Asking us to store data would undermine all our architecture and we would never do it. We would prefer to completely leave the Swedish market. “
TechCrunch contacted to signal a comment, but he didn’t hear during the publication.
(Tagstotranslat) signal of the Netherlands
Technology
Gayle King announces participation in the space mission of all women

Gayle King will join the thirty first Blue Origin civil flight into space.
Gayle King announced that he was going to space. The host of the talk show during the day provided messages CBS MORNINGS.
King revealed Her participation in the thirty first Blue Origin flights, NS-31. Before discussing the details of the mission, she and her co -lecturers presented the video editing, which described her long -term fascination with travel travel.
In one clip, King said: “I am excited to watch the premiere at home in my pajamas.”
Her enthusiasm led to an invite with Blue Origin. The television personality will disappear from Crew from the whole familyIncluding an award -winning journalist Lauren Sánchez, award -winning Grammy singer Katy Perry and astronaut Aish Bowe.
Soon the explorer of the space admitted that she was hesitating at first.
“I don’t know how to explain at the same time terrified and excited,” said King.
To make a choice, King turned to a gaggle of family members, including her children and a detailed friend, Oprah Winfrey. She said that when her most trusted confidants approved, she was ready.
“When Kirby, Will and Oprah were fine, I was fine,” said King. “I thought Oprah would say no. She said: “I feel that when you don’t do it, if you all come back and also you had the opportunity to do it, you’ll kick.” She is right. “
King is not going to be the first television host who wandered into space with blue origin. In 2021, then-Good morning America Coheat Michael Strahan took part in the third civil flight Blue Origin. The former NFL star and the sender was delighted after returning, expressing how this experience gave him a brand new “perspective” in the world.
“I want to come back,” said Strahan.
Blue origin, Founded by Amazon Billionaire Jeff Bezos in 2000 is a non-public aviation company that focuses on sharing space travels for civilians and developing technology to explore the space long.
The upcoming flight of the king New Shepard It will probably be part of Blue Origin’s constant efforts to normalize civil space travel.
Technology
Instagram can turn the rollers in a separate application

Meta is occupied with an independent application for brief movies, Information He informed, citing an anonymous source, which he heard the boss on Instagram Adam Mosseri talked about the personnel project.
The project is reportedly called RAY code, which goals to enhance recommendations for brand new users and existing users in the US and to conclude one other three minutes of movies, the report quoted the source.
The finish line didn’t answer immediately at the request for comment.
Last month, the company announced a video editing application called Edyta to compete with Capcut (belonging to Tiktok Matter Company Bytedance) since it was geared toward using the uncertain future Tiktok and Bytedance in the USA
Currently, the Instagram channel is a mixture of photos, movies (drums) and stories. However, many users imagine that the application has been cluttered since it incorporates movies and not persist with the roots as an application for sharing photos. If the company rotates in an independent application for brief movies, it can create a possibility for Instagram to emphasise other functions.
Instagram began at the starting of this yr paying creators To promote Instagram on other platforms, resembling Tiktok, Snapchat and YouTube. Apparently he also began to supply Big money for the creators Present only on roller skates.
(Tagstranslate) Instagram
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