Category: Uncategorized
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Black Equity at Work Certification Program and CNote Partner to Unleash the Corporate Balance Sheet for Racial Equity
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
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 Successfully Moved Over $100 Million Dollars into Financially Underserved Communities
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 Loan Fund Capital Needs Survey: Why and What’s Next?
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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CNote survey shows major opportunity for corporations, foundations and other accredited investors to meet demand for capital in underserved American communities
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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PayPal Announces Investments In CNote’s Wisdom Fund and Promise Account
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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How Treasurers Can Lead Their Company’s Impact Investing
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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Corporate Treasurers Get Serious About Shifting Cash to Communities
This article, authored by CNote’s co-founder and CEO, Catherine Berman, was originally posted on Sustainable Brands. There’s been some skepticism regarding the announcements of big corporate investments in CDFIs and minority deposit institutions — are these one-offs just to generate a press release or first steps on long-term commitments? Shareholders increasingly want to know how…
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CNote Celebrates Five Year Anniversary, Thousands of Jobs Created in Underserved Communities
CNote Celebrates Five Year Anniversary, Thousands of Jobs Created in Underserved Communities Women-Led Community Investment Platform Has Helped Individuals, Institutions and Corporations Invest Millions in Equity and Inclusion April 22nd, 2021 // Oakland, CA // CNote, a women-led community investment platform with a mission of closing the wealth gap, today celebrates its fifth year in…
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How does CNote optimize for positive social impact within its portfolio of CDFIs?
A common question we get from investors is: How do you know investments on CNote’s platform are generating a positive impact in communities across America? The CDFI Certification Process For the majority of our offerings, we partner solely with Community Development Financial Institutions (CDFIs). CDFIs are federally certified by a program within the US Department…