Apply a racial lens, and other lessons from Living Cities’ impact investments

  • Investing in economic security... Living Cities has deployed $57 million into 33 transactions from two structured debt funds to drive outcomes for low-income people in America.
  • In a new series with ImpactAlpha... Living Cities will explore how foundations and financial institutions can deploy capital to better create jobs, income and wealth in America’s cities.
  • First up... the biggest lessons from Living Cities’ 10 years of impact investing.

Investors back health-tech startups to manage diabetes around the world

  • Dollars for diabetes... Other diabetes-related deals and initiatives include Solera Health in the U.S.; Wellthy Therapeutics, Diabetes Specialities Centre, HealthMir and Sepalika in India;. AllLife in South Africa and the U.K.
  • Lifestyle diseases… Bhutan has taken the lead in fighting chronic diseases, including diabetes and heart disease.

Social Investment Scotland moves forward with social startup fund plans

  • Small fund, big noise... The new fund has been controversial. Social Investment Scotland has historically lent to charities and social enterprises and recycled returns into its lending activities.
  • Scotland’s social startup scene... Scottish Communities Finance launched a community bond program last year.

Chinese investor and Goodwell Investments back MFS Africa to speed business transactions

Tala raises $65 million for alternative credit scoring and mobile lending

  • Growth capital... The $65 million Series C round was backed by Revolution Growth — the growth-capital fund of Steve Case’s Revolution Ventures — along with IVP, Data Collective, Lowercase Capital, Ribbit Capital and Female Founders Fund. The company has raised $105 million in total to date.
  • New markets... Tala will expand to Mexico and India.