Women’s health in the U.S. attracts development-bond interest

Women’s livelihood… Last July, IIX raised $8 million for a Singapore-listed Women’s Livelihood Bond for low-income women in Asia.

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.

CoPower unveils new green bond offering for Canadians

Impact tracking... CoPower’s impact tracking and reporting includes kilowatt-hours of clean energy generated, energy saved, and CO2 emissions reduced.
Longer terms… The four and six-year bonds offer returns of 4% and 5%, respectively.

Another civic tech tool for down-ballot candidates

Reid Hoffman… The co-founder of Linkedin led Change Research’s seed round. Greenfield previously was a LinkedIn data scientist.
Civic tech boomlet… BallotReady, another civic tech startup, last week secured $1.5 million in seed funding.

McGlashan on TPG Rise, testing social-impact incentives, African fintech startups

McGlashan on TPG Rise, testing social-impact incentives, African fintech startups.

Rise Fund’s Impact Multiple of Money: A conversation with TPG’s Bill McGlashan

Largest impact investment fund... TPG Growth's Rise Fund quickly raised $2 billion from a Who’s Who of global billionaires and institutional investors, making it the largest impact investment fund to date.
On-stage conversation...Bill McGlashan, Rise Fund founder and CEO, sat down with ImpactAlpha's David Bank at an event hosted by the Commonwealth Club in Mill Valley, California.

Rockefeller and UBS Optimus test pay-for-success model for water purification

Social success note... UBS Optimus will loan $500,000 to Impact Water using a structure that reduces interest payments if Impact Water hits impact goals.
Bonus offer... Rockefeller, meanwhile, is offering an additional $200,000 to cover Impact Water’s loan interest and boost UBS’s returns if those targets are met.