Category: Uncategorized
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CNote Closes Series A Investment, Cementing the Women-Led Impact Platform’s Leadership in Closing the U.S. Wealth Gap Through Financial Innovation
CNote Closes Series A Investment, Cementing the Women–Led Impact Platform’s Leadership in Closing the U.S. Wealth Gap Through Financial Innovation September 19, 2022 // Oakland, CA // Building on the momentum of its impact platform—already adopted by corporate leaders including Apple, Mastercard, Netflix and PayPal as a scalable way to address wealth inequality in the…
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CNote attends 24th Annual AACUC Conference
CNote attends the 24th Annual AACUC Conference in St. Pete Beach, Florida to connect with our credit union community CNote was honored to attend The African American Credit Union Coalition’s (AACUC) 24th Annual AACUC Conference held in St. Pete Beach, FL in August. The conference was a weeklong event offering training, networking, and educational opportunities…
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CNote’s Community Investment Platform Nears $300M, a Sign of Balance Sheet Activism Rising Across Business Sectors
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
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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Impact Platform CNote Announces Conversion to Public Benefit Corporation
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
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…