Search Results for: wealth equality

Blend Announces 'Blend Impact' Program to Increase Access to Housing and Financial Services
Banking Cloud Fintech News

Blend Announces ‘Blend Impact’ Program to Increase Access to Housing and Financial Services

Fintech News Desk
by Fintech News Desk0
New program focused on social good brings together Blend’s non-profit, industry, and community ecosystem partners to drive equitable outcomes globally Blend, a leader in cloud banking solutions, announced the launch of Blend Impact, a program focused on increasing access and equity in housing and financial services. The program brings together......
Fintech Startup Landis Closes on $165 Million Fundraise to Help Americans Become Homeowners
Finance Fintech News

Fintech Startup Landis Closes on $165 Million Fundraise to Help Americans Become Homeowners

Fintech News Desk
by Fintech News Desk0
The fundraise, led by Sequoia Capital, is the largest to date for Landis, a tech company dedicated to making homeownership and financial literacy accessible to everyone Landis, a startup that uses technology and data science to help renters reach homeownership, announced the close of $165 million in debt and Series......
Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments
Banking Finance Fintech News

Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments

Fintech News Desk
by Fintech News Desk0
More than Half of Fund’s Total Investments are in Minority-Owned and Women-Owned Companies Citi announced its next round of investments through the Citi Impact Fund, a $200 million fund launched in 2020 to invest in companies that are addressing some of the biggest societal challenges. The new companies included in......
PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity
Finance Fintech Investments News

PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including Hope Credit Union,  OneUnited Bank, Self-Help Federal Credit Union, CNote’s Wisdom Fund and various smaller institutions through a CNote Promise Account. These investments are part of PayPal’s $535 million commitment to strengthen Black businesses and underserved communities, and help drive......
PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds as Part of $535 Million Commitment
Commerce Finance Fintech News

PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds as Part of $535 Million Commitment

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced that it will invest an additional $50 million in 11 Black- and Latinx-led early-stage venture capital funds, including Aperture Venture Capital; Collab Capital; Interlace Ventures; Kapor Capital; MaC Venture Capital; Noemis Ventures; Seae Ventures; SV LATAM Capital; and three additional funds. These build upon the $50 million investment by PayPal in......
Finastra Announces Winner Of Its Hackathon To Tackle Bias In Financial Services
Fintech News

Finastra Announces Winner Of Its Hackathon To Tackle Bias In Financial Services

Fintech News Desk
by Fintech News Desk0
Savings community app crowned in Finastra’s Hack to the Future 3 Finastra has announced the winner of its recent hackathon – Hack to the Future 3. Launched to help build an unbiased fintech future, the event saw over 600 participants from more than 50 countries, including Antarctica. With many women-led and diverse teams of......
PayPal-Announces-Additional-_5-Million-Grant-Program-for-Black-Owned-Businesses-as-COVID-19-Crisis-Continues
Business Fintech Mobile Banking News

PayPal Announces Additional $5 Million Grant Program for Black-Owned Businesses as COVID-19 Crisis Continues

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an additional $5 million grant program that will further the company’s support for Black-owned businesses in the U.S., which have been disproportionately affected by the economic impacts of the COVID-19 pandemic. The new grant program is an extension of the $10 million PayPal Empowerment Grant program for Black-owned......
Inspiring-FinTech-Females-2020-the-Top-50-Women-Transforming-Financial-Technology
Business Fintech News

Inspiring FinTech Females 2020: The Top 50 Women Transforming Financial Technology

Fintech News Desk
by Fintech News Desk0
NYC FinTech Women, an organization created to connect, empower and promote women to advance their careers in financial technology (FinTech), continues to celebrate and recognize women who are driving innovation, leading through difficult times and inspiring the community. In its second year, the Inspiring FinTech Females award recognizes 50 leaders......
Zeal Capital Partners Announces $22.3 Million close Anchored by PayPal
Capital Markets Fintech Investment Services News

Zeal Capital Partners Announces $22.3 Million close Anchored by PayPal

Fintech News Desk
by Fintech News Desk0
Zeal Capital Partners announced the launch of its Inclusive Investing™ strategy anchored by PayPal and investors such as The Alfred P. Sloan Foundation, a university endowment, family offices and notable business leaders. Zeal Capital Partners invests in high-growth early-stage businesses at the intersection of Financial Technology and the Future of......
PayPal Partners with Even to Provide New Tools to Improve the Financial Health of its Workforce
Fintech Fintech Funding Investment Services News

PayPal Invests $50 Million in Black and Latinx-Led Venture Capital Funds

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. today announced it will invest $50 million in eight early-stage, Black and Latinx-led venture capital funds: Chingona Ventures; Fearless Fund; Harlem Capital; Precursor Ventures; Slauson & Co.; VamosVentures; Zeal Capital Partners; and one additional fund. The investments are part of PayPal’s commitment to invest $530 million to support Black-owned businesses, strengthen underrepresented minority communities and fight for racial equity and......
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