Dionne Gumbs

Dionne Gumbs






Minority small business owners face extensive barriers, such as limited access to capital, networks, and business development, that make it difficult for their startups to survive. These challenges are what prompted Dionne Gumbs to found her Minneapolis-based financial technology company GenEQTY in 2019, after two decades working as an investment banker. GenEQTY offers a digital lending platform designed to remove barriers for small and medium-sized businesses, particularly those owned by women and other diverse founders, and help them access the resources and funding to be successful. In 2022, Gumbs is planning to roll out the enterprise version of GenEQTY’s platform and partner with supply chain financiers.