The selected fintechs provide innovative solutions – such as working capital for micro-merchants and personal accident insurance for domestic workers – to populations particularly hard-hit by the pandemic.
WASHINGTON, October 20, 2020 /3BL Media/ - Inclusive Fintech 50 announced the 2020 cohort of startups driving inclusion and resilience for the 3 billion financially underserved people globally.
Online Auction to alleviate global poverty through microcredit
This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission. In 2005, Whole Foods Market launched Whole Planet Foundation, its non-profit dedicated to global poverty alleviation through microcredit in communities around the world where the company sources products. The Poverty is Unnecessary Project spotlights Poverty is Unnecessary Fund supplier partners who collectively are committed to donating $250,000 and culminates in the foundation’s signature Annual Benefit and Auction via an online format.
In the latest in a series of efforts to support Black-led businesses and Black communities, Scotiabank is proud to support the Government of Canada’s Black Entrepreneurship Program announced on Wednesday. The partnership between the Federal Government, Scotiabank and other Canadian financial institutions will ultimately collectively commit up to $128 million in lending capital for the program’s Black Entrepreneurship Fund.
by Zoe So, Regional Director for Eastern & Southern Africa
The Whole Planet Foundation team is excited to introduce our new partnership with GGEM Farming, a young social enterprise operating out of Nkhotakota, on the shores of Lake Malawi. GGEM Farming is the first partner we are engaging under a new initiative to make our funding more accessible to early stage, locally-led companies. Such companies often have programs that are informed by deep knowledge of the local context, and the staff are rooted in the communities where they work.
Fund will invest in early- to expansion-stage companies to drive innovation and adoption in the water space
September 10, 2020 /3BL Media/ - Emerald Technology Ventures is pleased to announce the closing of its water impact fund, with committed capital totalling USD 100 million from cornerstone investor Temasek and strategic investors SKion Water, Ecolab and Microsoft. The fund will invest in early- to expansion-stage companies globally to drive critical innovation and its adoption in the water space.