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Impax Acquires Pax World To Create $14B Impact Investing Firm
Pax World Management, investment advisor to Pax World Funds with $4.5 billion in AUM, has been acquired by Impax Asset Management Group plc, a United Kingdom-based firm with $9.4 million in AUM. Both firms specialize in sustainable and impact investing.
- Categories
- Investing
- Tags
- ESG, impact investing
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Australia Launches its First Live Impact Investing Database
Investors looking to support businesses making a social impact have been bolstered by the launch of a live impact investing database, which looks to connect investors and investees in this growing market.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
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Google goes big in Asia with mobile payment app for hundreds of millions of people
"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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How Blockchain Could Transform The Way International Aid Is Distributed
A new digital-payment platform from the United Nations’ World Food Programme is bringing efficiency and stability to refugee camps.
- Categories
- Agriculture, Finance
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Is India’s Demonetization a Failure?
Data released by the Reserve Bank of India indicates that demonetization has failed to flush out black money.
- Categories
- Finance
- Region
- South Asia
- Tags
- failure
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Credit Suisse looks to make an impact with new investment wing
Credit Suisse has set up a new department to nurture socially conscious investing, the latest effort by a major bank to cater for growing demand for so-called impact investing.
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- ESG, impact investing
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