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Bono’s Fund Makes Its First Fintech Investment, Backing Acorns
Financial technology startups are grabbing a greater share of capital from investors. Now Bono is getting in on the action.
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Citi Is First U.S. Bank To Respond To Shareholder Pressure To Close Gender Pay Gap
Citi's announcement represents a major shift for U.S. banks and credit card companies, since no financial services company so far targeted by shareholders for gender pay has taken such action.
- Region
- North America
- Tags
- data, gender equality
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Press release: New report provides insight into replicable practices for a critical phase of impact investments
“Impact investing has huge potential to generate positive long-term outcomes for society and the environment,” said GIIN Research Director Abhilash Mudaliar. “But investors need to have the confidence that they will be able to exit responsibly. There are many more exit approaches to meet financial objectives and ensure sustained impact post-exit than investors may be aware of. This report should provide impact investors with proven strategies that they can use to exit their investments in ways that won’t jeopardize the impact they seek to create.”
- Categories
- Investing
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Perspective: Financial inclusion can leapfrog with blockchain technology
Positioned from the outset as an alternative to traditional banking mechanisms, Blockchain raised the possibility of a revolution in the world of financial technology, and the way money was controlled. Nine years on, we see different economies and industries across the globe still trying to understand and adopt the technology.
- Categories
- Finance
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A World Bank economist apologized for unfair country rankings and will redo four years of results
The high-profile rankings are intended to encourage governments to remove obstacles to business and incentivize economic development. The report combines measures of how easy it is for an entrepreneur to start a business, obtain credit, pay taxes and enforce contracts, among other things.
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Citi Foundation and UP Foundation join to strengthen social entrepreneurship in the Philippines
The landmark program aims to develop certificate courses to help build and enhance capacities of practitioners in micro and small enterprise development in Central Luzon.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Social Impact Funds Still an Unknown to Most U.S. Investors
Nearly three in four U.S. investors have heard little (34%) or nothing (40%) about the concept of "social impact investing" -- choosing investments based on the social good they will accomplish as well as the financial return they will bring. Only 10% say they have money invested in such funds.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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Businesses in boxes: how solar is creating African entrepreneurs
Access to power is a major issue in Africa, and in solar, many people feel they have the solution.
Yet solar is doing more than switching on off-grid populations, and providing a potentially lucrative and investor friendly business opportunities to companies like M-KOPA Solar and BBOXX.- Categories
- Energy
- Region
- Sub-Saharan Africa
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