Rakim has announced a new financial technology and AI-powered platform called Notes, which merges music, money and knowledge together.
The goal, according to a press release, is “to address the unique challenges faced by independent urban music artists and creators, redefining access to capital to fund their creative projects, while providing financial literacy and entrepreneurial and music business education to build sustainable careers.”
Notes hopes that by empowering creatives with financial independence, they’ll retain control over their careers in an industry “often marked by exploitation.” Additionally, Notes will provide membership-focused access, connections to loan and credit providers for access to capital, AI-powered financial literacy and entrepreneurial education content. It will also include an “Ask RA” feature, an AI voice assistant and agent in Rakim’s iconic voice.
Notes operates at the crossroads of fintech, urban music, culture and the creator economy. Co-founded by Rakim and his longtime collaborator Divine, the platform leverages decades of experience in urban music, entrepreneurship and technology to support and empower the next generation of urban music creators. The platform is gearing up to expand its services, with plans to introduce business banking and debit cards, peer-to-peer payment solutions, cryptocurrency integration and other innovative features designed to foster deeper engagement and deliver lasting value to its users.