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

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...
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...
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...
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...
British financial services giant Barclays has joined a host of global banking rivals ramping up efforts to find companies that will generate hefty returns by solving some of the world’s most pressing problems.  Barclays...
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. 
If J.P. Morgan Chase & Co.’s latest moves around the world are any indication, the world’s sixth-largest bank is getting anxious and wants to be at the forefront of the global banking revolution sweeping fintech and digital...
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. 
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...
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...
Institutional investors are likely to rate white-led investment teams higher than those led by black fund managers that were equal in performance, leading to racial disparities in how trillions of dollars are invested, according to research by...
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...
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.
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...
This content is brought to you in partnership with Savvy Investor Two significant shifts are reshaping the private funds and investment industry today. Millennials and Generation Z consumers, their values and how these values...
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...
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...
Russians are increasingly using mobile wallets to pay for groceries and bills as cashless technologies disrupt the financial services industry, extending their reach across the world’s largest country. The number of purchases made with smartphones has jumped...
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...
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...
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...
First, it must be said, it’s good to start any endeavor with a lot of money.  Liesel Pritzker Simmons got it coming and going, though she had to fight in court a decade ago...
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 German government announced last month the preparation of its first green bond, as the cornerstone European Union issuer becomes the latest example of accelerating use of bonds to address environmental and social challenges. 
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...
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,...
Half a trillion dollars may be the minimum amount of investments developing countries will need if the world intends to meet the United Nations’ lofty sustainable development goals for 2030.“That’s 15% of total GDP for low-income and...
Women entrepreneurs have long been overlooked by technology-focused venture capitalists. That may be changing in the Netherlands, whose largest city -- Amsterdam -- is seen as one of Europe’s central VC and tech centers. 
“Is mining the sky a better investment than mining the earth?” This might not seem like an obvious question in the fight against climate change. Landfills, cars groaning out exhaust, and rivers red with...
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. 
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