Social finance

NAFC Presents Inaugural Forum to Showcase Urban Indigenous Social Economy Initiatives

Retrieved on: 
Tuesday, February 20, 2024
Social innovation, National Association, Indigenous peoples, Forum, Government, Organization, Movement, Social finance, NAFC

The Forum spotlights the diverse and invaluable work done by Friendship Centres and urban Indigenous social purpose organizations to foster economic and social prosperity for and by Indigenous peoples in urban communities.

Key Points: 
  • The Forum spotlights the diverse and invaluable work done by Friendship Centres and urban Indigenous social purpose organizations to foster economic and social prosperity for and by Indigenous peoples in urban communities.
  • As the national representative body of the largest urban Indigenous social purpose movement in Canada, the National Association of Friendship Centres (NAFC) will provide a key platform to convene urban Indigenous perspectives within the Social Innovation and Social Finance (SI/SF) sector.
  • As an Investment Readiness Program funding partner, the NAFC has aimed to boost urban Indigenous participation in the social economy.
  • “We are delighted to host this inaugural event and spark a dialogue with key stakeholders for the strategic exploration of the actions needed to strengthen urban Indigenous economic and social prosperity,” says Jocelyn Formsma, NAFC Chief Executive Officer, “Urban Indigenous social purpose organizations are an important avenue contributing to collective intergenerational wealth and prosperity for urban Indigenous peoples and communities.

Hedge Fund PSE Trading Announces a 148.5% Profit Increase in 2023, Collaborates with Top-Tier Audit Firm

Retrieved on: 
Tuesday, January 23, 2024
Partnership, Optimism, Ecosystem, Trust, AI, MOVE, Social finance, Growth

The report highlights PSE Trading's strong financial performance, driven by strategic investments and foresight.

Key Points: 
  • The report highlights PSE Trading's strong financial performance, driven by strategic investments and foresight.
  • The fund's macro report in September 2023 predicted a new bull market, reflecting optimism for future market trends.
  • Focusing on modular blockchain technology, the MOVE ecosystem, and the AI sector, influenced by U.S. AI stocks, PSE Trading has tapped into these areas' transformative potential.
  • A partnership with Ceffu ensures institutional-grade asset custody, and an upcoming audit report from a top-tier firm will reinforce transparency and trust.

Earlyworks Co., Ltd. Entered into a Memorandum of Understanding with Social Finance Limited for Blockchain Game Development

Retrieved on: 
Wednesday, January 10, 2024
Web3, Partnership, MOU, NFT, Algorithm, GLS, Blockchain, Social finance, Marketing, Non-fungible token, Cryptocurrency

Pursuant to the MOU, the Company and Social Finance agreed to work together to plan, develop and operate blockchain games using blockchain technology.

Key Points: 
  • Pursuant to the MOU, the Company and Social Finance agreed to work together to plan, develop and operate blockchain games using blockchain technology.
  • Earlyworks agreed to provide GLS, offer design or design support for blockchain games, and conduct technical verification, system development and operation.
  • Social Finance is responsible for blockchain game planning, marketing and sales of content in blockchain games, and formation and operation of communities in blockchain games.
  • The allocation of revenue will be determined upon negotiation between the Company and Social Finance for each product.

Introducing Favoom – Where Social Networking Meets Blockchain Innovation

Retrieved on: 
Monday, December 11, 2023
Ethereum, Ecosystem, Coinbase, Movement, Social finance, FAV, News, Privacy, NFT, Social media, Networking hardware, Cryptocurrency

Eindhoven, The Netherlands, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Favoom has launched the first-ever, fully decentralized, and Web3-integrated social media service, combining digital networking with the benefits of blockchain technology.

Key Points: 
  • Eindhoven, The Netherlands, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Favoom has launched the first-ever, fully decentralized, and Web3-integrated social media service, combining digital networking with the benefits of blockchain technology.
  • The Social Finance (SocialFi) movement is rapidly gaining momentum, and Favoom is one of the projects spearheading its surge.
  • Favoom functions as an all-encompassing, blockchain-based social media service where users can choose their communities based on tokens, topics, and languages.
  • Favoom is among the leading Social Finance (SocialFi) projects, blending finance with social networking.

Ascent Expands Impact Loan Program, Makes Education Accessible to More Adult Learners

Retrieved on: 
Wednesday, November 8, 2023
Life, Social finance, Student, Partnership, Ascent Solar, Ascent, SAN, Nursing, Tutoring

"When we launched our Impact Loan Program, our goal was to continue sourcing impact partners to create custom financing options that support the economic mobility of adult learners," said Chief Impact Officer of Ascent Tristan Fleming.

Key Points: 
  • "When we launched our Impact Loan Program, our goal was to continue sourcing impact partners to create custom financing options that support the economic mobility of adult learners," said Chief Impact Officer of Ascent Tristan Fleming.
  • "This is the first state-specific model to launch under our Impact Loan Program, and we look forward to expanding tailored access to more forward-looking states across the country.
  • The Impact Loan Program was created to meet the growing demand of individuals who wished to upskill but lacked access to affordable financing options.
  • This program helps adult learners pursue and earn their way to higher-paying jobs and supports Ascent's impact goal to increase students' income by $10 billion in five years .

The Social Finance Impact First Fund Launches as One-Stop Solution For Individuals, Family Offices, Foundations, and Donor-Advised Funds Seeking to Catalyze Positive Impact

Retrieved on: 
Tuesday, November 7, 2023
Blackstar, Black Star, Vicinelli, DAF, Organization, Impact, Entrepreneurship, Social finance, Combined, The Boston Foundation, Fund, Inode, Social change, Climate change, Investment, Philosophy, Bank, Renewable energy, Cryptocurrency, Risk management

BOSTON, Nov. 7, 2023 /PRNewswire/ -- Today, Social Finance, the national nonprofit and registered investment advisor, announced the launch of the Social Finance Impact First Fund. The Impact First Fund aims to create measurable, positive outcomes for people and the planet by making catalytic investments into funds with demonstrated potential for impact.

Key Points: 
  • BOSTON, Nov. 7, 2023 /PRNewswire/ -- Today, Social Finance, the national nonprofit and registered investment advisor, announced the launch of the Social Finance Impact First Fund.
  • The Impact First Fund aims to create measurable, positive outcomes for people and the planet by making catalytic investments into funds with demonstrated potential for impact.
  • The Impact First Fund launched with two separate investments in the Blackstar Stability Distressed Debt Fund and the Afterglow Climate Justice Fund.
  • "While all of our investors are deeply mission-driven, the Social Finance Impact First Fund represents an exciting, new pool of catalytic capital.

Bluzelle Unveils Visionary Expansion into Creator Economy, Empowering Content Creators with its Layer 1 Blockchain

Retrieved on: 
Tuesday, November 7, 2023
Bluzelle, Decentralized finance, BLZ, Social media, Author, Creator economy, Capella, Creativity, Non-fungible token, Social, Development, Social finance, Trust, Ecosystem, Research and development, IBC, UGC, NFT, Creative industries, Cryptocurrency, Research, R2

Bluzelle Unveils Visionary Expansion into Creator Economy, Empowering Content Creators with its Layer 1 Blockchain

Key Points: 
  • Bluzelle Unveils Visionary Expansion into Creator Economy, Empowering Content Creators with its Layer 1 Blockchain
    The issuer is solely responsible for the content of this announcement.
  • Bluzelle, a leading Layer 1 blockchain platform, is excited to announce a major expansion into the dynamic realm of the Creator Economy.
  • Over the past two years, Bluzelle has invested significantly in Research and Development, and today, they reveal their vision for empowering content creators and innovators within the Creator Economy.
  • The Creator Economy is a rapidly evolving ecosystem, comprising a diverse range of content creators, including artists, musicians, gamers, social media influencers, and AI-assisted content generators.

Karen Anderson Joins Social Finance to Lead New Institute

Retrieved on: 
Thursday, October 12, 2023
Investment, Health, Advisory Council, Private sector, Social finance, Anderson, University, Council, State, Workforce, Council of Economic Advisers, Thought, Hamilton Project, Publication, Policy, Council of Economic Advisers (Greece), Economics, White Houses, Citigroup, Space Generation Advisory Council, Research, Housing, The University of Chicago Hong Kong, Management

BOSTON and WASHINGTON, Oct. 12, 2023 /PRNewswire/ -- Today, Social Finance announced that Karen Anderson has joined to lead the Social Finance Institute, a first-of-its kind platform designed to bridge theory and practice for market leaders, policymakers, and practitioners looking to implement and scale outcomes-based solutions.

Key Points: 
  • Anderson will lead the Social Finance Institute to amplify outcomes-based practices and build cross-sector momentum.
  • BOSTON and WASHINGTON, Oct. 12, 2023 /PRNewswire/ -- Today, Social Finance announced that Karen Anderson has joined to lead the Social Finance Institute , a first-of-its kind platform designed to bridge theory and practice for market leaders, policymakers, and practitioners looking to implement and scale outcomes-based solutions.
  • Social Finance has mobilized more than $350 million in new investments designed to link funding to results in workforce and economic mobility, health, and housing.
  • As inaugural Managing Director of the Social Finance Institute, Anderson will lead field-building efforts through applied research and publications, drawing on the work of leaders in the field—including Social Finance's 12 years of on-the-ground experience.

Kirstin Hill Joins Social Finance as President & Chief Operating Officer to Help Lead Organization into Next Phase of Growth

Retrieved on: 
Tuesday, September 12, 2023
Workforce, Partnership, Housing, Multimedia, Risk, Social finance, Creativity, AUM, Bank of America, Merrill, Investment, Social Finance (consultancy), Growth, Bank, Health, CO, Merrill (company), Hill, Management, Renewable energy, Online shopping, Peter Palandjian

BOSTON, Sept. 12, 2023 /PRNewswire/ -- Today, Social Finance, a national nonprofit and registered investment advisor, announced that Kirstin Hill has joined the organization as President and Chief Operating Officer. In this new role, Hill will work in close collaboration with Social Finance CEO and Co-Founder Tracy Palandjian to advance Social Finance's work building outcomes-focused partnerships and investments that realign systems to measurably improve lives.

Key Points: 
  • BOSTON, Sept. 12, 2023 /PRNewswire/ -- Today, Social Finance, a national nonprofit and registered investment advisor, announced that Kirstin Hill has joined the organization as President and Chief Operating Officer.
  • "Social Finance has grown significantly over the last dozen years, and we have developed new, promising levers for impact," Palandjian said.
  • "I could not be more excited to join Social Finance at this pivotal time," Hill said.
  • If you have any questions about this press release or the information on it, please contact Social Finance at [email protected] .

Social Finance Expands Dreamers Graduate Loan Program to All DACA & TPS Students

Retrieved on: 
Thursday, August 10, 2023
Partnership, University, Student, Education, Face, DACA, Medicine, MBA, Social finance, TPS, Sale, UnidosUS, Business administration, Public health, Master of Engineering, MD, JD, Deferred Action for Childhood Arrivals, University of Memphis, Entrepreneurship, Professional degrees of public health, MPH, Master of Business Administration, Nursing, Engineering

BOSTON, Aug. 10, 2023 /PRNewswire/ -- Today, the national nonprofit Social Finance announced the expansion of the Dreamers Graduate Loan Program to all eligible Dreamers with Deferred Action for Childhood Arrivals (DACA) or Temporary Protected Status (TPS) status. The expansion builds on a two-year pilot initially launched in 2021 with TheDream.US. Social Finance aims to maximize the reach of the program to ultimately serve over 1,000 students, helping Dreamers finance graduate degrees in fields like business, education, medicine, and law and land well-paying jobs in sectors in need of new talent and diverse perspectives.

Key Points: 
  • Initially launched in 2021, this first-of-its-kind program enables DACA & TPS students to access loan rates on par with rates that U.S. citizens receive
    BOSTON, Aug. 10, 2023 /PRNewswire/ -- Today, the national nonprofit Social Finance announced the expansion of the Dreamers Graduate Loan Program to all eligible Dreamers with Deferred Action for Childhood Arrivals (DACA) or Temporary Protected Status (TPS) status.
  • Unlike federal loan options, which offer no borrowing solution for DACA students, the Dreamers Graduate Loan Program offers student-friendly loans with interest rates equivalent to the federal government's Direct PLUS loan program that's available to U.S. citizens and permanent residents.
  • Notably, the Dreamers Graduate Loan Program has no cosigner requirements, no minimum credit score requirements, and no additional fees typically associated with securing a loan.
  • "Thanks to the Dreamers Graduate Loan Program loan program, Pre-Health Dreamers participants do not have to find a U.S. Citizen co-signer or sign a contract with high-interest rates," said Yadira Ortiz, Executive Director of Pre-Health Dreamers.