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Brazil fintech startup Avante raises $12 million from Gentera and Vox Capital

Brazil fintech startup Avante has raised $12 million from Gentera and Vox Capital. Since 2012, Avante has lent more than $31 million to 30,000 clients, half of them previously unbanked. The Brazilian digital lender and financial services provider to micro-entrepreneurs says it will use the new funding to expand from 125 to 2,000 credits agents by

Applying a New Lens To Measure Social Return

We’ve been measuring and valuing negative externalities for a long time, with governments using taxes to realign incentives and costs. Now it’s time to measure and value positive externalities as well. Charging for negative externalities is sometimes referred to as a “Pigouvian tax.” This tax is placed on the profit-making entities for ‘disrupting’ social values