ImpactAlpha, June 4 – Varo is among the wave of online banking platforms promising to be more customer-friendly. Its basic account charges no fees, including on overdrafts up to $50. The company’s focus on inclusive financial services and financial management support “really matters at a time when so many American families are struggling in a
The 65 and older population in the U.S. spends a lot of its $2.6 trillion in annual purchasing power on healthcare and caregiving. Older adults would like to spend more on independence and community and engagement and fun – a set of solutions still largely overlooked by most of Silicon Valley. Early movers have
ImpactAlpha, June 29 – East Africa-focused agriculture impact investor Pearl Capital Partners committed 4.6 billion Ugandan shillings ($1.2 million) to Naseco to distribute improved seed varieties that will help Ugandan farmers boost yields and incomes. Pearl made the investment from its €20 million ($22 million) Yield Uganda Investment Fund. Naseco is the Yield Fund’s seventh investment. Pearl
ImpactAlpha, June 2 – Recycling company Plastics for Change sources landfill- and ocean-bound plastic waste from informal workers through a tech platform designed to ensure fair prices for the collectors. The company has raised a $2 million round, led by Mirova Natural Capital, which backed the company through the Althelia investment group it acquired last year.