-
Press Release: Citi Launches $150 Million Impact Investing Fund
This is the largest fund of its kind to be launched by a bank using its own capital. Investments, which could be as high as $10 million, will primarily be made in companies that have demonstrated proof of concept, built an existing customer base, secured prior rounds of funding and exhibited the potential for scale in multiple markets. A portion of the fund is designated for earlier stage seed investments.
- Categories
- Entrepreneurship, Finance, Investing
- Region
- North America
-
Cash Is Dying, and the Unbanked Are Being Left Behind
A report by the Boston Consulting Group identified five main barriers to cashless payment systems: high cost of electronic payments to retailers, lack of solutions for the customer, lack of governmental support, insufficient trust in digital payments, and an absence of support infrastructure. And those reasons make sense.
- Categories
- Finance
- Region
- North America
-
Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
Published on Oct. 17, 2019, the white paper sets out the Inclusive Value Ledger (IVL) plan, which aims to bolster the mechanisms of the state’s monetization, production, saving and spending with the help of new digital technologies.
- Categories
- Finance
- Region
- North America
-
Q&A: Help Others or Go Bust, Migrant Billionaire Tells Big Business
Hamdi Ulukaya says the days of companies being run solely to maximise profit for shareholders are over.
- Categories
- Entrepreneurship
- Region
- North America
-
$120M Firm Transitions to 100% ESG Investing
Gitterman Wealth Management sees an opportunity for advisers to gain market share by tapping into the ESG space.
- Categories
- Investing
- Region
- North America
-
What will Mark Suzman bring to new role as CEO of Gates Foundation?
In an email to staff, Desmond-Hellmann explained that she and Bill and Melinda Gates have spent recent months discussing the best person to replace her to lead the world’s largest private foundation. They selected 12-year foundation veteran Suzman, president of global policy and advocacy and CSO at the foundation, who will assume the role on Feb.1, 2020.
- Region
- North America
-
The Gates Foundation Has Enormous Impact. Its CEO Leaving Could Have an Enormous Impact, Too.
while Desmond-Hellmann has not been a household name, she held enormous influence across the globe, shaping everything from malaria programs in Africa to billionaires’ willingness to participate in the Gates-led Giving Pledge.
- Region
- North America
-
U.S. Financial Health Pulse Finds Only 29% of People Living in the U.S. Financially Healthy
The Financial Health Network, the nation’s authority on financial health, in partnership with Flourish, MetLife Foundation, and AARP, today released the U.S. Financial Health Pulse 2019 Trends Report. Now in its second year, this year-over-year analysis of peoples’ financial health found that despite a strong economy, only 29% of people in the U.S. are financially healthy. As signs of a looming economic downturn increase, this indicates that the majority of Americans are still unprepared for short or long-term financial shocks.
- Categories
- Finance
- Region
- North America
- Tags
- financial health
Parent Organization
