Venteny raises capital for employee benefits platform in Philippines

Venteny raises capital for employee benefits platform in Philippines Venteny has raised a seed round for its employee benefits platform in Philippines. Venteny, launched in 2015, works with employers to curb high turnover by offering employee benefits like restaurant and fitness discounts as well as short-term loans and cash advances. The loans serve the 69

Jean Case previews map of emerging impact data ecosystem

Women Rising Jean Case is bullish on impact investing. Writing in Stanford Social Innovation Review, the former AOL executive and head of the Case Foundation credits the growing influence of young people and women, the entrance of big institutions and an increasingly robust data ecosystem. On that last point, Case touts the Impact Investing Network

Millennial investors are seeking social impact through disease prevention and cure

Healthcare was the issue that mattered most in American Century Investments’ survey of the investment habits of more than 1000 adults, which found that more than half of millennials consider “social impact” an important factor in selecting investments. That suggests a mismatch between investor demand and the supply of health-related impact investments. Allocations to healthcare

Bahrain wants to be the next fintech hub

Bahrain wants to be the next fintech hub. The small Persian Gulf country is emulating Singapore, which is positioning itself as the center of fintech in east Asia. The goal is to make Bahrain where “entrepreneurs come to test their ideas and services,” said David Parker who heads Bahrain’s Economic Development Board. Bahrain was once recognized as

Reversing the rising tide of ocean plastic

Each year, eight million tons of plastic ends up in the ocean. Without a shift in consumer and commercial behavior, by 2050 there could be more plastic matter in the ocean, by weight, than fish. Earlier this week, we reported that recycling plastic represents as much as $120 billion in annual revenues and spotlighted some

Are low-income communities getting their fair share under the Community Reinvestment Act?

When Joanna Ganning started looking at community development lending in and around Cleveland, Ohio, something seemed off. As she layered loan data over a census map of Cuyahoga County, she found that bank loans made through the Community Reinvestment Act favored higher income areas over lower income areas. The Community Reinvestment Act, which turns 40 this

New Products Attract Investors to the Conservation Finance Marketplace

Climate Finance “Our clients are looking for these opportunities, and we are learning from and are encouraged by the innovation and measurable market growth,” Camilla Seth, executive director of JPMorgan Chase & Co.’s sustainable finance unit, said in a statement. A couple years ago, environmentalists were excited that $5.1 billion had been invested in