Using Cell Phone Data to Establish Credit Scores in Latin America

First-time borrowers face a classic chicken or the egg dilemma: a borrower needs a good credit score to get a loan but needs a track record of repaying loans to establish a good credit score. Increasingly though, another, more ubiquitous measure of creditworthiness is all consumers will need: their cell phone data. In Latin America, for

Tonlé: This Company is Like a River, Changing the Course of a Toxic Industry

Rachel Faller, founder of tonlé, a Cambodian based fashion company, poses a simple question. How many of us can ensure our clothes were made without the use of slavery or significant and needless damage to the environment? And if we could, in the wake we would find exploitation, which many of us are well aware of

FinTech Entrepreneur Launches Matchmaking Platform to Enable Impact

Philip Berber is applying his experience building an online trading platform to the chronic problem of matching interested investors with promising entrepreneurs. An interested investor and philanthropist himself, Berber launched Enable Impact several years ago to help impact entrepreneurs and investors to find each other. Having built CyBerCorp, an online brokerage for day traders (and

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

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

Reap Benefit: How This Gamified App Turns Big Problems in India Into Child’s Play

After graduation, Kuldeep Dantewadia began collecting trash. For one year, he made the rounds to over 150 households. It wasn’t exactly the job his parents had in mind for their son. But he was sick of seeing trash in his community. Once called the Garden City, it’s now called the Garbage City. He picked one

The New Alternatives: Holding Companies that Build Assets and Impact of ‘Infinite Duration’

Impact investing may have gotten off on the wrong foot, with venture-capital style private equity funds that generally have to be liquidated after 10 years. This season’s new style: Permanently capitalized holding companies with long-term ownership stakes in operating companies that deliver real benefits such as food security, clean water and climate mitigation. A recent example