PayPal Enlists Village Capital to Bring ‘New Money’ to the Global Unbanked

Dan Schulman, the CEO of PayPal, is on a mission to extend digital payments to the 2.5 billion unbanked people around the world. He is enlisting Village Capital, the scrappy business accelerator and venture capital firm, to help find local companies that can help. PayPal and Village Capital will support roughly 40 financial technology entrepreneurs who are using technology

Is the Developing World the Next Whitespace for Venture Capital? Fred Wilson Thinks So

It’s only halftime in the global mobile revolution. The first part largely redefined how rich countries accessed the Internet. The second part will reinvent how the developing world gets education, healthcare, financial services and other basic needs. [blockquote author=”Fred Wilson, Union Square Ventures” pull=”pullleft”]If you ask me where the next big whitespace for VC is…I would

Clara Miller: Steering a Course Toward Shared Prosperity (Podcast)

https://medium.com/media/eb41009a46819b10cf3eade040db7b6e/href The need for a new strategy for raising living standards for poor Americans was the catalyst for the F.B. Heron Foundation to go “all-in” for impact. The mid-sized foundation is in the process of aligning all of its $300 million in assets with its mission of helping people and communities help themselves out of poverty.

ImpactAlpha’s #DealFlow 2.18.16: Jana’s Free Internet Raises $57 Million

This week in impact investing: mobile ad platform Jana raises $57 million to expand free internet services; Social Finance launches a South Carolina social impact bond for mothers and children; a fund in the UK offers tax relief along with an expected 8 percent return; and more! Jana raises $57 million to expand free internet service.

ImpactAlpha’s #DealFlow for Jan. 8, 2016: Weekly Roundup of Impact Investments

This week: The investment winds are blowing for both small- and large-scale wind deals; the Kresge Foundation pledges $20 million to early childhood education in Detroit; and mom-and-pop shops in Peru and Venezuela may have more access to working capital to expand their businesses. Big Investment in small-scale wind. United Wind has received $200 million

Green, Low-Income Housing in Kansas City From a REIT and a B-Corp

One day, in the not-too-distant future, in Kansas City, Missouri, someone will arrive home after a bus ride and a long day’s work at their barely above-minimum wage job. The building in which they live will use 90 percent less energy than the buildings around it. There’ll be a community garden on the rooftop where

Global Ethical Finance Forum: What Can Islamic Finance Teach Impact Investors?

The Global Ethical Finance Forum in Scotland earlier this month was animated by mutual enlightenment and the spirit of Edinburgh’s native son, Adam Smith, whose The Theory of Moral Sentiments provided some of the philosophical and psychological underpinning of the often misinterpreted The Wealth of Nations. If Smith’s writing is often misinterpreted, so too is Islamic culture.