The Latest in Social Impact Investing: An Online Matchmaking Platform
Friday, April 1, 2016
High-net worth-individuals interested in impact investing can now make those investments through a new Financial Industry Regulatory Authority-regulated one-stop online platform. Enable Impact essentially functions as a matchmaking service, bringing together accredited investors – those earning $200,000 per year with a net worth exceeding $1 million – with social ventures looking for funding.
The technology “is designed to make it potentially easier, quicker and less expensive for impact investors to find and fund deals [and] social entrepreneurs to raise capital in a more efficient and effective way,” according to the company’s press release.