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Press release: LendingClub Partners with Opportunity Fund and Funding Circle, Increasing Financial Inclusion and Small Businesses’ Access to Credit
Beginning this month, LendingClub will connect applicants looking for a small business loan on its platform to Opportunity Fund and Funding Circle. Opportunity Fund will leverage LendingClub's technology to provide an online application experience with prequalified offers to underserved small businesses before applying its established relationship-based lending model to fund and service loans. Funding Circle will apply its leading proprietary credit assessment process to fund fast and affordable loans to established, creditworthy businesses. This alliance is intended to expand efficient access to affordable credit to a broader range of small businesses.
- Categories
- Finance
- Region
- North America
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Wheb and Impax Lead the Way as ‘Impact Washing’ Confuses Investors
As product launches in the space gather pace, the Investment Association is currently consulting on environmental, social and governance (ESG) disclosure, while the World Bank recently launched operating principles for impact investors and Eurosif has long offered a transparency code for investors reaching certain disclosure standards.
- Categories
- Investing
- Tags
- ESG, impact investing
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Artificial Intelligence for Social Change
AI can consistently provide trusted, personalised healthcare information to large populations, and when responsibly designed, can help people access the resources they may need.
- Categories
- Health Care, Technology
- Region
- South Asia
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On South America’s largest solar farm, Chinese power radiates
The project, known as Cauchari, is a testament to the rising clout of Beijing as a backer of big projects in cash-strapped emerging markets. And it is helping China cement its standing as the world’s leader in clean-energy technology.
- Categories
- Energy
- Region
- Latin America
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Viewpoint: Cannabis Just Made Socially Responsible Investing More Confusing
So how does cannabis play into SRI? As legal marijuana use has grown, publicly traded companies such as Tilray Inc. and Canopy Growth have caught many investor’s eyes. In some cases, the same investors who spurned investments based on controversial or religious factors have looked at cannabis differently.
- Categories
- Investing
- Tags
- ESG, impact investing
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Perspective: Will AI kill developing world growth?
Artificial intelligence (AI) could displace millions of jobs in the future, damaging growth in developing regions such as Africa, says Ian Goldin, professor of globalisation and development at Oxford University.
- Categories
- Technology
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Social Entrepreneurs Pitch For Change at Ashoka SEAChange Even
In the audience at the Ashoka Sea Change Event, more than 140 impact investors, diverse supporting organisations, and leaders in the African ecosystem together at Bowmans in Sandton, South Africa.
- Categories
- Uncategorized
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Ghana’s Budding Health Tech Sector is Finally Getting Deserved Global Recognition
Ghana’s long unsung health tech sector is getting global validation with two of its most promising startups being named among five winners for one of the most prestigious social enterprise awards in the world.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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