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

The stars are aligning for crypto to go mainstream as Facebook has announced the launch of Libra, a new digital currency that could revolutionise the way payments work -- and have a huge impact on the developing...
Tuesday morning, Facebook revealed plans for its new cryptocurrency, Libra, that is actively backed by tech giants like Visa, MasterCard, PayPal, eBay, Lyft and Uber. Wall Street analysts exalted that Libra, also the name...
For nearly a decade now, a segment of market professionals on Wall Street, the City of London and elsewhere (you know who you are) have denounced sustainable investment strategies as nothing more than a marketing ploy. Impact...
VC firms may vow to support diversity, but the numbers don’t bear that out. Only about 9% of venture capital flowed into companies that women entrepreneurs run; a minuscule 1% and 2%, respectively, to...
Following a series of privacy and misinformation scandals and increasing regulatory probes, Facebook is keen to improve its image as a force for good. Facebook will leverage its unparalleled global network of 2.4...
The burgeoning field of women and minority-focused invest firms is getting attention from major players, with early-stage VC firm Harlem Capital Partners (HCP) seen as the “go-to partner for minority founders” by TPG Capital.
Global brewer Anheuser-Busch InBev has a new way to ensure that the African farmers who grow cassava for its burgeoning business in locally brewed beer get a fair price and deliver a reliable supply of the root,...
Kiva, the crowdsourced micro-lending platform, is going bigger to help refugees gain access to larger amounts of capital by launching the Kiva Refugee Investment Fund. Since 2016, Kiva has provided local micro-finance institutions, also...
This week, Facebook joined Amazon, Apple and other big tech names as the race to implement a truly global digital currency and win over the unbanked population is heating up. Facebook’s success -- or dominance in the...
Strategic Investors: Profiles of investors with strategies to consider. Impact investing doesn’t mean settling for lower profits. Veteran impact investor Stephanie Rupp discussed the importance of authenticity in impact investment with Karma Network and how it can enhance financial performance. Ms....
Facebook’s foray into digital banking has set up a millennial vs. establishment clash, where in a reversal, the old guard got there first. Launched when George W. Bush was president, Facebook this week unveiled...
U.K. mobile-first bank Monzo sent a warning shot across the bow of the financial industry in 2016 when it needed just 96 seconds to raise more than $1.2 million through crowdfunding for its prepaid card.
Paying for groceries in a growing number of stores in China requires neither cash, credit cards, or phone. Just a face to scan. Now, thanks to an Alipay device that plays on our narcissism, the scanned face...
KEY TAKEAWAYS As incumbent banks and insurance companies struggle to compete using legacy IT systems and infrastructure, disruptive new banking and financial services platforms are taking market share. Global fintech investment in 2017 remains historically strong, matching the $31B...
Private equity has raised $2.4 trillion, and, seeing that they’ve spent $256 billion on buyouts this year, they aren't afraid to spend it. As billions more are raised, companies focused on doing a social good have to...
Hermes Investment Management makes no excuses for investing in “dirty” industries. Even as the $43 billion London-based asset manager pushes the industry to measure returns holistically — considering their impact on society and...
OakNorth, backed by SoftBank, inked a five-year deal with Dutch bank NIBC, as traditional lenders are eager to team up with innovative startups and find AI and data-driven solutions that make the process of borrowing money more...
Hong Kong crypto firm Diginex Ltd. announced plans to go public today, choosing a U.S. over an Asian stock exchange and seizing on investor interest amid a rally in Bitcoin price. Diginex will list...
Before the dust had settled on Facebook’s announcement that it planned to introduce a digital coin, MoneyGram rushed in and announced a deal with cryptocurrency firm Ripple, where it will to distribute Ripple’s digital currency XRP across...
Blockchain not only opens doors for people who don’t have access to banks, it can help improve the environment, healthcare and trust in the media, said Joseph Lubin, CEO of ConsenSys, at the Blockchain For Social Impact...
KEY TAKEAWAYS Impact investing is growing in popularity and a growing body of evidence suggests that the sector can deliver strong financial and social returns. The impact sector lacks universally accepted definitions, criteria and models to help investors achieve...
A pepperoni pizza delivery to Ter Apel refugee camp in northeastern Holland inspired a Blockchain-powered system that one day may enable millions of people to prove who they are without government documents. Today, Toufic...
Morgan Stanley doesn’t want to be left behind, as socially responsible investing is gaining momentum in the United States and beyond. Morgan Stanley is offering customers a handful of impact investing options as...
This week, David Marcus, Facebook’s vice president of messaging products, addressed one of the prominent criticisms of the global electronic currency since it was unveiled by the world’s biggest social network last month. When...
France plans to assemble a G7 task force to study how banks monitor cryptocurrencies like Facebook’s Libra, France’s central governor announced on Friday, Reuters reported. This task force is the latest addition to a...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. Andrei Cherny is not your typical banker. He had written speeches for President Bill Clinton, helped Elizabeth Warren launch the fight for what became the Consumer Financial...
Social impact investors appear to be losing a battle with advocates of curbing the influence of ESG data on corporate decision-making, a feud playing out before business-friendly U.S. financial regulators that may shape a specialized corner of...
Perspectives: Opinions from our network of advisors, investors, operators and analysts on the risks and opportunities they see. Just as journalists once viewed the internet as a place where “information wants to be free,” software developers have embraced open source...
Goldman Sachs is expanding its digital asset team, signaling intentions to move “further than ever before” into crypto business, as big tech companies like Facebook enter financial services.  The New York banking and advisory...
On Our Radar: Deals we are paying attention to for their impact on industry. Expanse, a cybersecurity firm founded by a former CIA tech expert, raised $70 million in a Series C funding led by TPG Growth. The company plans...
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