image credit: Marco Verch Professional Photographer / CC BY 2.0 / Flickr

Mastercard announces an investment and a partnership in Black-owned businesses

April 20, 2021


Mastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs.

The exact amount was not disclosed.

The credit card giant also unveiled a partnership with Greenwood, a fintech firm aimed at Black and Latino consumers and business owners, to issue the platform’s first debit cards.

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