A digital disbursement option designed to enable financial inclusion

Disburse funds to your unbanked payees quickly and efficiently

Help your unbanked and underbanked payees to receive funds with our MoCaFi (Mobility Capital Finance Inc.) digital payment option. The new disbursement service offered through BNY Mellon's Vaia® platform, allows our government, higher ed and corporate clients to seamlessly distribute payments and disbursements, such as disaster relief, financial aid and employee payroll, to individuals without full access to financial services.


With a mission to lay the financial groundwork to help close America’s wealth gap, our service can offer:


featuring a prepaid debit card provided to unbanked and underbanked individuals through the MoCaFi platform.


that reach the communities where they are needed most, timely and effectively, and extend support to many more in need.


through the BNY Mellon Vaia platform by creating a more seamless experience for corporations and municipalities to access digital payments options.

Doing good business – together.


Listen as Global Head of Treasury Services Jennifer Barker and MoCaFi Founder and CEO Wole Coaxum, discuss why getting more dollars to the people who need it makes good business sense.

Access to modern banking services is one of the best approaches to making our economy more inclusive, and by working with BNY Mellon we are helping to provide opportunities to as many people as possible. 

— Wole Coaxum, CEO and Founder of MoCaFi

Webinar: Leveraging verified, digital payments with the power of payee choice


Industry players are working together to meet market needs by helping organizations quickly modernize their current payment systems to accommodate secure payouts and a wide array of payment options. In this webinar, presenters explored how BNY Mellon’s Vaia solution enables organizations to send secure digital payments through multiple rails to various payees, including the unbanked and underbanked populations in the U.S. through MoCaFi.

Available through BNY Mellon Vaia

Through a single integration, Vaia gives payees instant access to a wide variety of the latest digital payment rails, letting them choose how they want to be paid – quickly and securely.

Jennifer Barker Quote - "We are taking a collaborative and visionary approach to help accelerate BNY Mellon's innovation strategy"
Image of Wole Coaxum foudner & CEO of MOCAFI - quote on image states "We can have intentional focus on how you bring more people to take advantage of real-time payments, which if done properly in this country can unlock trillions of dollars of GDP".

Real-time payments and

financial inclusion


The impact of real-time payments varies significantly across the U.S., where large communities of unbanked or underbanked individuals are not uncommon. Speaking to Aerial View, MoCaFi’s Wole Coaxum explains that if the full benefits of real-time payments can be realized for all Americans, trillions of dollars in GDP could be unlocked.

Related content

Treasury Services

With market-leading global payments, liquidity and trade services, BNY Mellon can help speed the conversion to digital payments.




BNY Mellon launches new payment platform Vaia for payee-choice disbursements

BNY Mellon introduces Vaia, its new aggregated payment platform that gives U.S.-based institutions access to the latest digital payment options for disbursements.

BNY Mellon & MoCaFi®

BNY Mellon's Treasury Services business will now provide federal, state and local governments, as well as corporate clients, with a digital disbursement payment service that reaches individuals without current access to basic financial services through MoCaFi's offering.


The MoCaFi Bank Account and the MoCaFi Debit Mastercard are issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card may be used everywhere Debit Mastercard is accepted. Use of this card constitutes acceptance of the terms and conditions stated in the Account Agreement. The MoCaFi Bank Account is marketed and administered by MoCaFi. MoCaFi is a financial technology company and not a bank.  Banking services are provided by Sunrise Banks N.A. Your funds are FDIC insured up to $250,000 through Sunrise Banks, N.A., Members FDIC.


Rental Payment Reporting is not Sunrise Banks N.A. products, nor does Sunrise Banks N.A. endorse this feature.