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Impact Focus – Companies and founders disrupting the global financial technology market

Wells Fargo, Commerzbank and UniCredit are among the world’s biggest banks yet to sign on to a climate change initiative championed by Bank of England governor Mark Carney and billionaire Mike Bloomberg that would help environmental impact...
Economists Abhijit Banerjee, Esther Duflo and Michael Kremer were recognized “for their experimental approach to alleviating global poverty,” said the Royal Swedish Academy of Sciences when it announced the award on Monday. The question...
Key Takeaway: Panelists at the Global Impact Investing Network Investor Forum in Amsterdam challenge investors to change portfolios to reflect urgent global needs
Key Takeaway: Green bond issuance hit a record $66.6 billion in the second quarter, and global issuance seems headed toward a historic high this year of $200...
Beyond gloomy headlines about a scolding 16-year old activist to leaders acknowledging failure to make meaningful progress on climate change, you may have missed the fintech report published during the United Nations General Assembly last month. 
Key Takeaway: Private equity investors are relying more on the United Nation’s Sustainable Development Goals to guide their funding choices in emerging markets, a panel in London...
The latest tool in the global push toward environmental sustainability may be an enhanced financial statement. Researchers at Harvard Business School suggest that business leaders need a quantifiable way to assess the impact that...
This content is brought to you in partnership with Sustainable Brands. Sustainability and impact investing are gaining traction with individual investors, larger financial institutions, major CPG brands and tech companies. However, standardized metrics for...
Citigroup, ready to meet a ten-year $100 billion sustainability goal four years ahead of schedule, named the executive in charge of the initiative to the new position of chief sustainability officer as the company joins a host...
Revolut, the British digital bank shaking up the industry, is going global in a big way: in a deal with payments giant Visa Inc., it’s tripling its total employees and expanding to 24 new markets. 
Key Takeaway: As big banks like Wells Fargo, JPMorgan offer stablecoin cryptocurrencies, and Facebook and Walmart reportedly plan theirs, smaller providers are plotting how to stand out...
Hackers trying to take control of bank and credit card accounts are on the rise, and are now among the biggest challenges for U.S. financial authorities, a top U.S. Treasury Department official said recently.
Gold is still king in some less developed parts of the Asia-Pacific region. Khmers, Malaysians, Thais and others still use it to bypass financial institutions that have been tainted by widespread banking malpractice.  Maybe...
This content is brought to you in partnership with EMPEA. The United Nations Conference on Trade and Development estimates that meeting all 17 of the Sustainable Development Goals by 2030 will require between $5...
Millennials without credit scores, freelancers and low-income people with no experience in handling finances aren’t the usual groups that the banking industry targets. But three fintech startups believe they can cater to these underserved customers in ways...
Key Takeaway: It should come as little surprise that the City of London is a magnet for fintech, though it may be challenging for the capital to...
The premise of impact investing is simple: Investors deploy capital in ways that return a profit, and simultaneously make the world a healthier place. Put that way, it’s hard to see why impact investing isn’t part of...
U.S. Senator Elizabeth Warren is demanding private equity firms including KKR & Co. and Apollo Global turn over details of their investments in colleges, as P.E. firms find themselves increasingly in Congress’s crosshairs. Warren,...
Not enough investment capital is flowing into emerging and frontier markets despite potential for strong returns and the opportunity to help the world’s poorest communities, according to a recent report from the Global Impact Investing Network. 
In the latest round of setbacks for Facebook’s planned Libra cryptocurrency, Germany ramped up its rhetoric against the electronic money today and Wells Fargo announced a blockchain plan that may be a competitor. In...
This content was produced in partnership with SOCAP. Addressing the world’s greatest challenges requires collaboration, but many conferences in the impact investing arena tend to silo conversations to specific types of investors or operators.
Jack Ma’s last day as Alibaba’s top executive was on Tuesday, but he’s hardly going quietly into the night. Nor is Ma relinquishing control of the company he started 20 years ago in an apartment and built...
British digital bank Revolut withdrew its application for an e-banking license in Luxembourg, after a member of the country’s parliament questioned whether the company was complying with fintech regulations.   The Telegraph reported that Laurent...
Kenyan shopkeepers, Chinese farmers and U.S. migrant workers are all vital parts of the global economy. The formal economy, though, has mostly left them behind. According to the most recent edition of the World...
The U.S. government’s monopoly on student loans may be one reason why startups innovating in the space haven’t seen a higher level of investment. An estimated 45 million Americans hold educational debt, and many...
Plenty of companies say they want to save the planet. It makes for good headlines and warm, fuzzy feelings, but what about investing actual money to back claims of environmental and social responsibility?  Enter...
Seven years ago, a Googler and a software platform founder started a company called ThoughtSpot, aiming to disrupt the way companies use data. Since then, it’s grown to about 500 people, increasing by 60% since last year.
UBS raised $225 million from private clients for KKR’s Global Impact fund, the latest example of major financial institutions responding to demand for more social impact investing opportunities. The UBS fundraising is part of...
Move over Libra: Messenger app Telegram may be set to steal Facebook’s thunder with the debut of its own long-awaited cryptocurrency by the end of October. The launch of the coin, dubbed GRAM, shows...
In a sure sign that cryptocurrency is close to becoming mainstream, governments around the world are stepping up efforts to make sure they get their cut of the action.The tax enforcement agencies of the U.S., U.K., Canada,...
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