CNote’s Community Investment Platform Nears $300M, a Sign of Balance Sheet Activism Rising Across Business Sectors Apple, Netflix, Xylem and others put corporate cash to work in financially underserved communities by moving money to CDFIs, LID credit unions and MDIs throughout the U.S. June 2nd, 2022 // Oakland, CA // Recent commitments from Apple, Netflix…

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CNote Expands Access to Capital for Community Financial Institutions With $25 Million From Apple to Support Communities of Color March 5, 2022 // Oakland, CA // Today, CNote, an Oakland-based fintech, announced that Apple will use the CNote platform to deploy $25 million into underserved communities across the country. Apple’s $25 million commitment is part…

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New legal designation affirms CNote’s longstanding commitment to closing the wealth gap and uplifting communities with sustainable solutions.  March 30, 2022 // Oakland, CA // CNote, a woman-led impact platform, has announced its official conversion to a Public Benefit Corporation (PBC).  Since its founding in 2016, CNote’s fixed income and cash products have streamlined millions…

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Black Equity at Work Certification Program and CNote Partner to Unleash the Corporate Balance Sheet for Racial Equity Management Leadership for Tomorrow joins with women-led impact investing platform to activate every aspect of corporate operations for racial equity, starting with the Fortune 500 November 2, 2021 // Oakland, CA // Management Leadership for Tomorrow and…

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New CNote Research Delivers Insights from Entrepreneurs on Improving Access to Capital for Underserved Women of Color By reimagining the lending process through an equity lens, lenders can make decisions that yield economic returns and have a significant social impact, says report. October 20, 2021 // Oakland, CA // CNote, a women-led community investment platform…

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CNote has deployed over $100 million dollars into financially underserved communities across America–a significant milestone for investments and deposits in Community Development Financial Institutions (CDFIs), low-income designated credit unions, and other mission-aligned partners that previously were difficult for investors to access. By making it easier for everyone from retail to institutional investors to invest in…

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CDFI Loans Fund Capital Needs Survey: Why and What’s Next?  The CNote CDFI Loans Fund Capital Needs Survey supports a data-driven approach to investing in communities. What is the CNote CDFI Loans Fund Capital Needs Survey? CNote seeks to empower investors to make informed decisions and target investments where the need is greatest. To specifically…

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52 CDFIs could pump at least $182M into underserved communities within a year if they could access capital at favorable rates CDFIs serving Black and low- to moderate-income communities report a persistent capital shortfall, with housing and small business lending the most underfunded Oakland, CA—Loan funds certified as community development financial institutions (CDFIs) have an…

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Today, PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including  CNote’s Wisdom Fund and various smaller depository institutions through a CNote Promise Account. These investments are part of PayPal’s $535 million commitment to strengthen Black businesses and underserved communities, and help…

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This article, authored by CNote’s co-founder and CEO, Catherine Berman, was originally posted on GreenBiz.  When you think about who makes the greatest social and environmental impact with corporate dollars, you probably think of the head of ESG or the chief investment officer, not the treasurer. Today’s corporate treasurers, however, are redefining their role beyond…

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