Tagged: social impact

July 2, 2024 @ 9:05 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was reportedly led by the same tier-one carriers “as the expiring treaty and was oversubscribed on all dimensions.” The core of the program… Read More

November 22, 2023 @ 4:43 pm By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb Schwartz and Dr. Samer Haj-Yehia, “effective immediately.” The newly named Directors will “succeed departing Directors Irina Novoselsky and Silvija… Read More

August 26, 2023 @ 7:39 pm By Omar Faridi  |  

Maybank introduced the myimpact credit card, in efforts “to empower its customers towards making better sustainable life choices which will impact the next generation.” The credit card, which is “made from bio-sourced polylactic acid, features a ground-breaking initiative deemed first-of-its-kind in the country, provides mechanisms… Read More

July 3, 2023 @ 7:55 am By Omar Faridi  |  

Qardus, which claims to be an ethical & Sharia-compliant financing platform for social impact SMEs and investors, has secured 106% (£318,837) of its £300,002 target from 153 investors (at the time of writing) with 17 days left in the firm’s crowdfunding campaign carried out via… Read More

July 1, 2023 @ 6:13 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a venture firm and an early investor in Lemonade, in order “to create Synthetic Agents, a novel financial structure that unlocks growth without depleting… Read More

June 23, 2023 @ 8:31 pm By Omar Faridi  |  

The team at Celo is pleased to announce that Animoca Brands, the company advancing digital property rights for gaming and the metaverse, joins the Celo ecosystem in order “to scale up Web3 gaming in a shared effort to drive social impact and climate action by… Read More

June 23, 2023 @ 9:37 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program has been “renewed in good time and on good terms.” The Lemonade program is “led by the same tier-one carriers as the expiring and was oversubscribed on… Read More

April 4, 2023 @ 11:52 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available. As a state known for its environment-friendly ways and… Read More

June 14, 2022 @ 3:22 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), the digital insurance firm “powered by social impact,” recently announced the launch of Lemonade Car in Ohio. The Buckeye state “marks the third state to feature availability of Lemonade’s newest environment-friendly product.” With an increasing presence of electric vehicle infrastructure and growing startup… Read More

March 26, 2022 @ 1:07 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), the digital insurance firm that’s powered by social impact, recently announced the launch of Lemonade Car in Tennessee. Following the initial launch in Illinois, Tennessee “marks the second state to feature availability of Lemonade’s newest environment-friendly product.” Hitting “record” snow averages this winter… Read More

February 8, 2022 @ 9:22 am By Omar Faridi  |  

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

December 31, 2021 @ 10:17 am By Omar Faridi  |  

Virgin Money is teaming up with the Purpose Coalition on a Levelling Up Impact Report, “setting out its contribution to the levelling up agenda in the UK.” The Levelling Up Impact Report will aim to “highlight the work” Virgin Money is currently undertaking to create… Read More

September 12, 2021 @ 10:04 am By Omar Faridi  |  

With the increasing concerns regarding issues related to climate change and various unsustainable agricultural practices, many nations and large enterprises are working via international pledges to establish an ecologically conscious future. Hybrid smart contracts—which are smart contracts that bring together blockchains, Oracles, and API infrastructure… Read More

May 6, 2021 @ 8:02 pm By Omar Faridi  |  

Chainlink (LINK), a provider of decentralized Oracle networks, has teamed up with the UNICEF Innovation Fund in order to support blockchain-powered applications in emerging markets. The Chainlink Community Grant Program offers financial resources to development teams and researchers that are creating a “more functional, accessible,… Read More

December 8, 2020 @ 3:23 pm By Samantha Hurst  |  

  HumanForest, a UK-based electric city bike company, has successfully secured its initial £1.2 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted near 450 Crowdcube investors. As previously reported, HumanForest partners with companies… Read More

October 22, 2020 @ 8:10 am By Samantha Hurst  |  

Online lender OppLoans announced on Thursday it has joined forces with Experian, Steady, and BillShark to pursue its commitment to help customers build a better financial path through more financial resources, education, and support. OppLoans revealed that as part of its newly created social impact strategy,… Read More

September 16, 2020 @ 10:19 am By Samantha Hurst  |  

Chipper, a U.S. social impact fintech, announced on Wednesday the launch of Explore, which is a feature designed to transform the way student loan borrowers navigate the complex repayment process after the CARES Act expires in December. According to Chipper, the feature enables borrowers to… Read More

September 15, 2020 @ 9:28 am By Samantha Hurst  |  

EarnUp, a fintech startup that offers a consumer-first platform for automating loan payments, announced on Tuesday received a $150,000 grant from social-impact investor Acumen America’s COVID-19 Emergency Response Fund to provide emergency relief funds to selected EarnUp customers who were adversely impacted by the COVID-19 pandemic. EarnUp reported… Read More

June 25, 2020 @ 11:45 pm By Omar Faridi  |  

Ezra, a project that leverages its partner network to support global aid initiatives through Fintech and other emerging technologies, is planning to work cooperatively with mobile operators, NGOs, and various foundations and organizations in order to enable greater financial inclusion through digital platforms. Allan Green,… Read More

January 23, 2020 @ 10:29 am By Omar Faridi  |  

Ethereum Classic Labs (ETC Labs) is teaming up with the United Nations’ Children Fund (UNICEF) Innovation Fund by providing $1 million to support various ongoing projects. According to a press release, ETC Labs said it will be allocating $750,000 to global startup graduates of UNICEF’s… Read More