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Press Release: IFC, Convergence Join to Support Blended Finance for Health and Education Investment
Convergence and IFC will together fund the platform design, including product offering, with potential for raising as much as USD 500 million for investment and advisory support.
- Region
- North America
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Facebook Ditched The Red Cross For Hurricane Harvey Relief
Now, Facebook is routing its millions of users, and $1 million of its own money, to the Center for Disaster Philanthropy, which in 2015 had just $3 million in revenue. A message on Facebook feeds with a donate button said, "Show your support. Facebook has matched $1 million in donations to the Center for Disaster Philanthropy."
- Categories
- Investing
- Region
- North America
- Tags
- nonprofits, philanthropy
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Peer pressure, applied well, boosts financial health
When you’re working to reach a financial goal, friends can be equally helpful. Peers can influence how much you save for retirement, determine when you choose to retire and even shame people into paying their taxes, studies show.
- Categories
- Technology
- Region
- North America
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Google buys Seattle health monitoring startup Senosis, bolstering digital health push
Patel, who founded Senosis Health with four other clinicians, researchers and tech transfer experts from the University of Washington, won a MacArthur genius grant in 2011 and his past innovations have ranged from energy meters to air quality sensors.
- Categories
- Health Care, Technology
- Region
- North America
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How this social entrepreneur is bringing banks to the fingertips of the unbanked
Humaniq was launched in 2016 with a vision to build a world where the unbanked and underbanked around the world also have access to the banking and financial transactions. An estimated 2 billion people can be brought under the umbrella of financial inclusion with Humaniq’s services.
- Categories
- Technology
- Region
- North America
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Tiny biotech firm offers Big Tobacco model to curb its nicotine habit
The plant biotechnology company says it has more than 200 patents that give it the ability to increase or decrease the level of nicotine in tobacco plants, as well as the level of cannabinoids in cannabis plants.
- Categories
- Health Care, Technology
- Region
- North America
- Tags
- public health
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Public Favors Nonprofit over For-profit Social Enterprise
Three consumer psychologists recently performed a series of studies looking at consumers’ reactions to for-profit social ventures in contrast to nonprofits. They try hard to make a case for the proliferation of for-profit social enterprise, but it is pretty clear that the public is still skeptical.
- Categories
- Uncategorized
- Region
- North America
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Rockefeller Foundation, Nonprofit ETF Plan to Expand ESG Strategies
With a secured $300,000 grant from one of the nation’s foremost philanthropies, Impact Shares will be launching the first of its innovative social issue-related ETFs in late 2017, according to a note.
- Categories
- Impact Assessment, Investing
- Region
- North America
- Tags
- impact investing
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