C-Note

Merck KGaA, Darmstadt, Germany, Partners with CNote to Invest $20 Million in Under-resourced Communities

Retrieved on: 
Tuesday, October 4, 2022

"This commitment from Merck KGaA, Darmstadt, Germany, will have a real impact on those who live and work in these communities," CNote CEO Catherine Berman shared.

Key Points: 
  • "This commitment from Merck KGaA, Darmstadt, Germany, will have a real impact on those who live and work in these communities," CNote CEO Catherine Berman shared.
  • CNoteis a technology-based investment platform that aims to increase economic inclusion and support financially under-resourced communities across America.
  • Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across life science, healthcare and electronics.
  • Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances.

CNote Closes Series A Investment, Cementing the Women-Led Impact Platform's Leadership in Closing the US Wealth Gap Through Financial Innovation

Retrieved on: 
Monday, September 19, 2022

"By pumping hundreds of millions of dollars into undercapitalized communities, CNote is activating corporate dollars for systemic change while minimizing risk."

Key Points: 
  • "By pumping hundreds of millions of dollars into undercapitalized communities, CNote is activating corporate dollars for systemic change while minimizing risk."
  • The Series A investment will enable CNote to advance its technology, expand its sales team and deepen its network of community financial institutions.
  • We are thrilled to partner with Catherine and Yuliya [Tarasava, CNote co-founder] in leading the Series A round for CNote."
  • CNote , co-founded by Catherine Berman and Yuliya Tarasava, is a women-led impact platform on a mission to close the wealth gap through financial innovation.

CNote's Community Investment Platform Nears $300M, a Sign of Balance Sheet Activism Rising Across Business Sectors

Retrieved on: 
Thursday, June 2, 2022

The milestone reflects accelerated momentum for the women-led fintech firm's work to unleash corporate balance sheets for racial and gender equity.

Key Points: 
  • The milestone reflects accelerated momentum for the women-led fintech firm's work to unleash corporate balance sheets for racial and gender equity.
  • "We're seeing continued interest from large corporations in balance sheet activism.
  • It's a movement, not a moment," said Catherine Berman, CEO of CNote , adding that "this interest runs across industries, as our newest clients illustrate.
  • They're looking at the corporate treasury as a tool to deepen their DEI, ESG and racial justice goals."

CNote Expands Access to Capital for Community Financial Institutions With $25 Million From Apple to Support Communities of Color

Retrieved on: 
Thursday, May 5, 2022

The new funding builds on Apple's previously announced commitments to expand economic empowerment and support entrepreneurs of color.

Key Points: 
  • The new funding builds on Apple's previously announced commitments to expand economic empowerment and support entrepreneurs of color.
  • "By working with CNote to get funds directly to historically under-resourced communities through their local financial institutions, we can support equity, entrepreneurship and access."
  • "Through our platform, we have already started moving Apple deposits into low-income communities and communities of color."
  • CNote moves client deposits into FDIC- and NCUA-insured accounts across a wide network of mission-driven deposit institutions, including community development financial institutions (CDFIs), low-income designated (LID) credit unions, and minority depository institutions (MDIs).

Xylem Invests $5 Million with CNote to Benefit Community Financial Institutions Serving Black and Underserved Communities in the U.S.

Retrieved on: 
Tuesday, April 19, 2022

CNotes Impact Cash platform provides an easy-to-use and measurable tool for streamlining Xylems investment with one interface while maximizing the impact created for underserved communities of color across the U.S.

Key Points: 
  • CNotes Impact Cash platform provides an easy-to-use and measurable tool for streamlining Xylems investment with one interface while maximizing the impact created for underserved communities of color across the U.S.
  • In 2019, Xylem announced an $800 million revolving credit facility with a sustainability-linked pricing mechanism, followed by a $1 billion green bond offering in 2020.
  • At Xylem, we have seen first-hand how financial constraints in underserved communities can impact investments in people, business, and infrastructure, said Sandra Rowland, Xylems Chief Financial Officer.
  • CNote is a women-led social venture and impact platform on a mission to close the wealth gap through financial innovation.

NEXUS Launches Impact Accelerator

Retrieved on: 
Wednesday, January 19, 2022

BEVERLY HILLS, Calif.and NEW YORK, Jan. 19, 2022 /PRNewswire/ -- NEXUS , a unique community representing over $700B in family assets with a deep dedication to social impact, today announced the launch of its second annual NEXUS Impact Accelerator .

Key Points: 
  • BEVERLY HILLS, Calif.and NEW YORK, Jan. 19, 2022 /PRNewswire/ -- NEXUS , a unique community representing over $700B in family assets with a deep dedication to social impact, today announced the launch of its second annual NEXUS Impact Accelerator .
  • Working together, the NEXUS Impact Accelerator team is primed to bring value to impact-driven start-ups by combining powerful networks, varied experience, diversity in all respects, and potential access to capital.
  • "NEXUS embodies the values of impact, sustainability, mentorship, and creating positive change through entrepreneurship," said Rachel Gerrol, Co-Founder and CEO of NEXUS.
  • For more information about the NEXUS Impact Accelerator, please visit www.nexusglobal.org/impact-accelerator .

CNote Celebrates Five-Year Anniversary, Thousands of Jobs Created in Underserved Communities

Retrieved on: 
Thursday, April 22, 2021

b'OAKLAND, Calif., April 22, 2021 /PRNewswire/ -- CNote , a women-led community investment platform with a mission of closing the wealth gap, today celebrates its fifth year in operation.

Key Points: 
  • b'OAKLAND, Calif., April 22, 2021 /PRNewswire/ -- CNote , a women-led community investment platform with a mission of closing the wealth gap, today celebrates its fifth year in operation.
  • CNote partners with Community Development Financial Institutions (CDFIs) and mission-driven deposit institutions, which are high-impact local lenders dedicated to delivering financial resources to underserved communities.
  • We look forward to supporting the CDFI industry and underserved communities for many years to come.
  • Every dollar invested on CNote\'s platform funds small businesses owned by women and people of color, affordable housing, and economic development in financially underserved communities across America.

CNote Adds Another Stellar CDFI Partner, The Entrepreneur Fund

Retrieved on: 
Tuesday, September 3, 2019

CNote enables investors of any size to invest in Community Development Financial Institutions (CDFIs), like The Entrepreneur Fund, across the nation.

Key Points: 
  • CNote enables investors of any size to invest in Community Development Financial Institutions (CDFIs), like The Entrepreneur Fund, across the nation.
  • With a strong focus on economic empowerment and security, The Entrepreneur Fund is a natural partner for CNote.
  • Yuliya Tarasava, CNote's Co-Founder, notes, "CNote is honored to partner with The Entrepreneur Fund.
  • Shawn Wellnitz, President of The Entrepreneur Fund, remarked, "The Entrepreneur Fund is so excited to have CNote as our newest investor because they make it simple for so many people to have a powerful impact with their investments.

SRI Veteran, Danielle Burns, Joins CNote as Head of Business Development

Retrieved on: 
Thursday, July 11, 2019

OAKLAND, Calif., July 11, 2019 /PRNewswire/ -- CNote has hired experienced Business Development professionalDanielle Burnsto help scale its advisory and institutional sales channels.

Key Points: 
  • OAKLAND, Calif., July 11, 2019 /PRNewswire/ -- CNote has hired experienced Business Development professionalDanielle Burnsto help scale its advisory and institutional sales channels.
  • Prior to CNote, Danielle served as the VP of Sales andMarketing for First Affirmative Financial Network.
  • There, she contributed to the growth of the firm's core advisory business, growing assets to over $1 billion during her tenure.
  • "Danielle is incredibly well-respected and admired in the SRI industry, and we are thrilled to welcome her as a core member of our leadership team," stated CNote CEO, Catherine Berman.

CNote Makes Doing Good Even More Profitable in 2019

Retrieved on: 
Wednesday, December 19, 2018

"For a long time, doing something good with your money wasn't always the smartest financial decision.

Key Points: 
  • "For a long time, doing something good with your money wasn't always the smartest financial decision.
  • In 2019, we're making it even more financially rewarding for our members to invest with their values.
  • For more information about CNote or to learn more about how an investment in CNote will help build a more inclusive economy, visit mycnote.com .
  • CNote is an award-winning financial platform that allows anyone to make money investing in causes and communities that they care about.