Tag: Black-owned businesses

Activity, Investment Banking

Citigroup promises $1bn to close US racial wealth gap

September 29, 2020

Via: FinTech Futures

Citi’s new three-year initiative focuses on providing greater access to banking and credit in Black majority communities. The bank also plans to expand its investment in Black-owned businesses and see more Black Americans owning homes. “We are in the midst […]

Activity, Investment Banking

Mastercard commits $500m to help close racial wealth gap

September 17, 2020

Via: Finextra

This commitment includes products, services, technology and financial support, as well as concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital. “This is a time for action. We have an […]