Online matchmaking flops, Omnivore and Omidyar in India, Living Cities’ racial-equity lens…

Greetings, ImpactAlpha readers! #Featured: Impact Voices If matching investors and impact ventures online is such a good idea, why have so many efforts failed? The recent shuttering of ImpactUS is just the latest in a string of flops among online marketplaces for impact investments. ImpactUs, which offered investments in about a dozen ventures and community development

Ben Hecht and Ellen Ward: Closing the racial wealth gap with early capital and innovative finance

New Revivalists is a series from ImpactAlpha and Village Capital profiling the people, places and policies reviving entrepreneurship — and the American Dream. New Revivalists: Ben Hecht, president and CEO, and Ellen Ward, chief of staff, Living CitiesPlace: Headquartered in Washington, D.C., Living Cities focuses programming in New Orleans, Baltimore, San Francisco, Albuquerque, and MinneapolisMission: Living Cities is

Investor Readiness: How asset owners can prepare for effective impact investing

Impact Voices is an occasional series sharing the opinions of impact investing practitioners and leaders with ImpactAlpha readers. The views expressed in Impact Voices are the writers’ own, not ImpactAlpha’s. By Christina Leijonhufvud and Fran Seegull “Enterprise readiness” is commonly recognized as a precondition for an effective impact investment. It turns out investors as well could

Requiem for a dream…of an online impact investing platform

Impact Voices is an occasional series sharing the opinions of impact investing practitioners and leaders with ImpactAlpha readers. The views expressed in Impact Voices are the writers’ own, not ImpactAlpha’s. With Audrey Selian and Jeff Tuller As the impact investing community processes the shuttering of ImpactUS, it’s time to acknowledge a painful reality: when it comes

Endeavor Catalyst backs Brazilian lending platform Creditas

Creditas launched in 2012 to improve Brazilians’ access to credit. Borrowers put homes and cars up as collateral for access to the lending platform’s low-interest loans. Creditas has originated $100 million in loans to date. Endeavor Catalyst backed the company’s $50 million Series C round alongside Kaszek Ventures, Quona Capital, QED Investors, International Finance Corporation

Aberdeen Standard partners with Big Issue on employment fund

The UK Equity Impact–Employment Opportunities fund will be the first equity fund for Big Issue’s social investment arm, Big Issue Invest. The partnership with Aberdeen Standard Investments will invest in publicly listed companies that create jobs that pay above minimum wage, are boosting employment in underserved areas and where a majority of staff are in the UK.

Lightful raises £4 million to help social enterprises market their impact

Lightful is a social media and marketing company for charities and social enterprises. “We remember a time where social media mobilised people to come together and be a force for good,” a Lightful post in The Guardian says. “We want that time back.” The company helps social organizations manage their social media accounts, offers a “story-builder”