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Press Release: OpenInvest Closes $10.5 Million Series A1 Strategic Financing Round
The new strategic round of investment brings OpenInvest's total funding since launching in 2015 to $23.8 million and is expected to help accelerate their mission to power impact investing globally. According to estimates from The Forum for Sustainable and Responsible Investment, ESG investing has grown 38% in the last four years, with every major asset manager entering the market.
- Categories
- Investing, Technology
- Region
- North America
- Tags
- ESG, impact investing
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Cash Transfers Lead the Social Assistance Response to COVID-19
In response to the COVID-19 pandemic, many countries are using cash transfers — a tool that can be fast and support local economies. The humanitarian sector has used this tactic for years to ensure that communities living through crises don’t slip into deep poverty.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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Malaysian Social Enterprise Teaches the Needy How to Be Entrepreneurs Despite COVID-19 Pandemic
PSC is a Malaysian social enterprise that aims to equalise financial capacity for marginalised communities, with the hopes of enabling them to have better livelihoods and teams up with welfare departments and NGOs to identify participants.
- Categories
- Coronavirus
- Region
- Asia Pacific
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World Bank Group Plans $12M Loan to Mongolia Microfinance Company
With the deal, Transcapital will be able to provide more access to finance for small enterprises and underserved individuals, especially women and people living outside the capital of Ulaanbaatar, IFC said.
- Categories
- Finance
- Region
- Asia Pacific
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Apple Unveils Low-Priced iPhone in Bid to Capture Emerging Markets
New smartphone rollout complicated by coronavirus pandemic, uncertain demand.
- Categories
- Technology
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Gates Foundation’s Efforts to Fight Coronavirus, Explained
The Gates Foundation has emerged as a leader in the coronavirus response.
- Categories
- Coronavirus
- Region
- North America
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Press Release: MIT Solve Announces Over $1.5 Million in Funding for 2020 Solver Teams
Solve is seeking solutions to critical Global Challenges, including Health Security & Pandemics; innovators should apply by June 18, 2020.
- Categories
- Coronavirus, Health Care, Technology
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‘We’re Abandoned to Our Own Fate’: Coronavirus Menaces Brazil’s Favelas
As of Thursday, Brazil had 22,169 confirmed Covid-19 cases and 1,123 deaths, although underreporting means numbers are likely tp be much higher. Community leaders, activists and organisers of social projects in favelas in São Paulo, Belém, Rio de Janeiro, Salvador, Manaus, Belo Horizonte and São Luís have been delivering food and hygiene kits to desperate residents as hunger begins to bite.
- Categories
- Coronavirus
- Region
- Latin America
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