The latest jobless claims report out today, suggests that 50 million jobs are vulnerable due to coronavirus-related layoffs, with 6.6M Americans filing...
Perspectives
April 6, 2020April 6, 2020
Forbes: Fintech Apps Offer Financial First Aid For Hardest-Hit Consumers
During these uncertain times, fintech apps play a critical role in offering direct aid to hardest-hit Americans. Our portfolio companies Propel and...
April 6, 2020April 6, 2020
Washington Post: Power Up – Nonprofits step up as Treasury Department scrambles to deliver coronavirus stimulus payments
In partnership with GiveDirectly, our portfolio company Propel leveraged their database of more than 500,000 daily active users to identify Americans who...
April 3, 2020April 3, 2020
CNBC: Chime pilots way to get $1,200 stimulus checks to users instantly after talks with Mark Cuban
Our portfolio company Chime is piloting a way for its users to receive their federal $1,200 stimulus checks instantly, weeks before the...
April 1, 2020April 1, 2020
AIR Hosts Hackathon to Help Government Distribute $350B Emergency Funding for Small Businesses
With the passing of the CARES Act, 30 million small businesses employing nearly 59 million people will receive $350 billion in emergency...
March 9, 2020March 25, 2020
TechCrunch: Visa partners with Paga on payments and fintech for Africa and abroad
Our portfolio company Paga and Visa announced a partnership today that allows Paga account holders to transact on Visa’s global network.