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5 Crucial Differences Between CDFIs and Traditional Banks
There are many American communities that are underserved by the traditional banking industry. Low-income and minority communities typically experience the most lack of access to quality financial products and services. According to a 2018 FDIC survey, 22 percent of households are underbanked or unbanked. This means that these individuals have no formal relationship with a…
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Where We Are and Where We’re Going: A Look at the Wisdom Fund
When we launched the Wisdom Fund in 2019 as an investment vehicle that increases capital, access, and lending for businesses owned by women of color, no one was anticipating 2020, with its pandemic, political divisions, and socio-racial upheaval. Among 2020’s most poignant lessons, however, was one that inspired the fund: women of color don’t have…
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CNote’s January Impact Roundup
Welcome to the January edition of the CNote Impact Round-Up, a monthly publication, where we take you through some of the most impactful and popular things we recently shared, discovered, or learned. From big industry news to op-ed pieces, we’ll paint an entertaining and full-spectrum picture of everything that you need to know in the…
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Important Update About Product Rate Changes and CNote’s Commitment to Offering Sustainably-Priced Capital
CNote has updated the interest rates for two of our offerings. These changes will only apply to new investors, existing investors will remain at the rates reflected in their executed investment documents. These changes are a function of historically-low interest rates prevalent across financial markets and in response to feedback from our community-lender partners regarding…
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CNote Quarterly Impact Report Q3 2020
Download and view CNote’s Q3 2020 Impact Report We’re excited to announce CNote investors helped create/maintain over 200 jobs in Q3 of 2020. In this report you’ll see: An update from the CNote’ COO Details on our quarterly impact Updates on new partners and products A recent CNote impact story
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CNote selected as Real Leaders 2021 Top Impact Company
(Oakland, CA) (January 13, 2021) – We are thrilled to announce that Real Leaders has selected CNote as a 2021 Top Impact Company. CNote was selected based on the calculated impact from our most recent B-Impact Assessment, most recent impact report, and other company financial statistics. “These top impact companies prove that businesses can thrive…
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CNote’s Q3 2020 Impact Metrics
We know one of the main reasons you invest with CNote, is because of the impact your investment has. We’re proud to share CNote’s Q3 2020 impact data. In Q3 2020, our members helped create/maintain over 200 jobs! If you’d like to see our annual impact data, along with an explanation of how we map CNote’s…
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CNote’s Impact Roundup
Welcome to the first edition of the CNote impact Round-Up! In this monthly publication, we’ll take you through some of the most impactful and popular things we recently shared, discovered, or learned. From big industry news to op-ed pieces, we’ll paint an entertaining and full-spectrum picture of everything that you need to know in the…
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CNote Wins WEP Award in the Best Women-Owned Business Category
CNote has been chosen as the winner of the 2020 G7 – EU WEPs Best Women-Owned Business! The award recognizes Women’s Empower Principles signatories’ exceptional championship of gender equality within their organizations and networks. CNote’s submission was shortlisted by the UN Women team based on our application, which highlighted our internal measures and external actions…
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CNote Team Raises Oversubscribed $3M funding round
We’re proud to announce CNote has closed an oversubscribed investment round. See the full release below. Selected Early Coverage: Crunchbase ImpactAlpha Yahoo! Finance CNote Raises $3 Million to Scale Technology-Enabled Investment Into America’s Most Underserved Communities Fintech company focused on advancing economic justice through community investments will use the funding to grow its team and…
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Where finance meets impact.