Grameen America

BNP Paribas demonstrates its continued commitment to its longstanding relationship with Grameen America

Retrieved on: 
Monday, February 5, 2024

BNP Paribas is pleased to share it recently renewed and increased its loans to Grameen America, further solidifying the bank’s strong commitment to promoting social and financial inclusion.

Key Points: 
  • BNP Paribas is pleased to share it recently renewed and increased its loans to Grameen America, further solidifying the bank’s strong commitment to promoting social and financial inclusion.
  • BNP Paribas’s relationship with Grameen America extends beyond financial support and is driven by the Group’s intent to reinforce positive societal impact.
  • The recent closing of a new microfinance loan in 2023 demonstrates BNP Paribas’s continued commitment to its longstanding relationship with Grameen America and the noteworthy funding it provides to low-income entrepreneurs.
  • To learn more about Grameen America and its meaningful work please visit: Grameen America .

The Jorge M. Pérez Family Foundation Announces 2023 CreARTE Recipients

Retrieved on: 
Thursday, November 2, 2023

The Jorge M. Pérez Family Foundation at The Miami Foundation (the Pérez Family Foundation) is pleased to announce the grantees for the third edition of the Pérez CreARTE Grants Program (CreARTE).

Key Points: 
  • The Jorge M. Pérez Family Foundation at The Miami Foundation (the Pérez Family Foundation) is pleased to announce the grantees for the third edition of the Pérez CreARTE Grants Program (CreARTE).
  • (Photo: Business Wire)
    “The CreARTE program was born of our family’s desire to expand the transformative power of South Florida’s arts community,” said Jorge M. Pérez, internationally recognized philanthropist and founder of the Pérez Family Foundation.
  • The Pérez family and members of the Pérez Family Foundation look forward to celebrating and commemorating this significant milestone, and to continuing their involvement in Miami-Dade and growth as an organization.
  • For more information about the Jorge M. Pérez Family Foundation, please visit www.jmperezfamilyfoundation.org , or follow along on Instagram (@perezfamilyfoundation).

Etsy, Inc. Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

Percent GMS ex-U.S. domestic for the Etsy marketplace for the three months ended March 31, 2023 was 46%.

Key Points: 
  • Percent GMS ex-U.S. domestic for the Etsy marketplace for the three months ended March 31, 2023 was 46%.
  • Select first quarter 2023 product development, marketing and other operational highlights are outlined below.
  • Reverb also continued to optimize its performance marketing investment, delivering solid results and a positive ROI in the quarter.
  • Etsy's guidance for consolidated GMS, revenue, and Adjusted EBITDA margin for the second quarter of 2023 is:

PayNearMe Celebrates Processing $1B in Digital Loan Disbursements to Fund Low-Income, Entrepreneurial Women For Nonprofit Grameen America

Retrieved on: 
Tuesday, April 18, 2023

SANTA CLARA, Calif., April 18, 2023 /PRNewswire-PRWeb/ -- PayNearMe, a fast-growing fintech company radically improving the customer payment experience, celebrates processing a total of $1 billion in digital loan disbursements to low-income, entrepreneurial women for Grameen America, a national nonprofit microfinance organization.

Key Points: 
  • "During the last two years, we have utilized PayNearMe Digital Disbursements to send over $1 billion to thousands of financially underserved women entrepreneurs," said Marcus Berkowitz, Chief Product and Innovation Officer at Grameen America.
  • "This technology allows Grameen America to disburse capital quickly and safely, while giving our members more options for how they receive their loans."
  • Grameen America has been working with PayNearMe for nearly a decade.
  • The company's full digital Disbursements engine gives all PayNearMe clients a fast, secure way to send funds to customers.

BMO Receives Regulatory Approval to Acquire Bank of the West

Retrieved on: 
Wednesday, January 18, 2023

TORONTO and CHICAGO, Jan. 17, 2023 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A.

Key Points: 
  • TORONTO and CHICAGO, Jan. 17, 2023 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A.
  • (together, "BMO"), today announced it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas (XPAR: BNP).
  • BMO also looks forward to over 9,300 Bank of the West employees joining the BMO family.
  • The Board of Directors of BMO Financial Corp. provides governance and oversight for the bank, as well as for BMO Capital Markets and BMO Private Bank.

PayPal Announces Recipients of Second Annual Maggie Lena Walker Award

Retrieved on: 
Tuesday, November 1, 2022

SAN JOSE, Calif., Nov. 1, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the recipients of the second annual Maggie Lena Walker Award. Named in honor of the first Black woman to charter a bank in the U.S. and serve as its president, the award seeks to celebrate the achievements of women from underrepresented groups in the U.S. who are economically empowering those in their community and creating a more inclusive world. 

Key Points: 
  • The award honors the legacy of the first Black woman to charter a U.S. bank
    SAN JOSE, Calif., Nov. 1, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the recipients of the second annual Maggie Lena WalkerAward .
  • "This year's PayPal Maggie Lena Walker Award awardees are providing guidance, capital, and resources to underserved entrepreneurs, continuing Walker's legacy of uplifting her community through economic opportunity.
  • Connie Evans, president and CEO, Association for Enterprise Opportunity .Like Maggie Lena Walker, Connie Evans has had many firsts.
  • "Maggie Lena Walker saw the economic independence of her peers as an ethical imperative," said Connie Evans, president and CEO, AEO.

Truist announces $120 million commitment to strengthening small businesses

Retrieved on: 
Monday, June 27, 2022

CHARLOTTE, N.C., June 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC), together with Truist Foundation and Truist Charitable Fund, today announced a $120 million commitment to strengthen and support small businesses, focusing on Black, Latinx and women-owned businesses.

Key Points: 
  • The commitment includes $30 million in philanthropic grants to support nonprofits who assist small businesses and diverse entrepreneurs and $5 million in philanthropic grants, which will support technical assistance, small businesses and volunteerism.
  • This commitment exemplifies our purposeit is focused on capitalizing small businesses and reaching diverse communities by providing financing as well as support and training to help minority-owned small businesses thrive and grow."
  • As part of the company's overall commitment to small businesses, Truist will make a $5 million national investment in Grameen America.
  • This grant serves as one example of Truist Foundation's commitment to supporting small, minority-owned and operated businesses nationwide.

Jennifer Lopez Partners with Grameen America to Accelerate its Goal to Deploy $14 Billion in Loan Capital to 600,000 Low-Income Latina Entrepreneurs by 2030

Retrieved on: 
Thursday, June 9, 2022

NEW YORK, June 9, 2022 /PRNewswire/ -- Global icon Jennifer Lopez and Grameen America, the nation's fastest-growing microfinance organization, today announce they are partnering to advance financial empowerment for Latina businesswomen historically excluded from the financial mainstream. Grameen America provides access to business capital, credit- and asset-building, financial education, and peer support to enable women living below the federal poverty level to boost their income and create jobs in their communities. The new partnership seeks to advance both Lopez's latest philanthropic project, Limitless Labs, which aims to support Latina-owned small businesses, as well as Grameen America's goal to empower 600,000 Latina entrepreneurs across 50 U.S. cities with $14 billion in life-changing business capital and 6 million hours of financial education and training by 2030.

Key Points: 
  • I am humbled and beyond grateful to partner with Grameen America," said Jennifer Lopez.
  • "Grameen America is the only organization with the national scale, reach, and proven model required to deploy $14 billion in loan capital to emerging businesswomen in Latinx communities.
  • Since opening in January 2008, Grameen America has invested over $2.4 billion in more than 150,000 low-income women entrepreneurs.
  • For media inquiries for Grameen America, contact [email protected]
    For media inquiries for Jennifer Lopez, contact Christy Welder, Full Picture, [email protected]
    View original content to download multimedia: https://www.prnewswire.com/news-releases/jennifer-lopez-partners-with-gr...

Mambu and Brim Financial Partner to Deliver Transformative Digital Banking, Embedded Finance Products Platform in Real-Time

Retrieved on: 
Wednesday, May 25, 2022

These complementary platforms now enable faster development and delivery of digital-first banking solutions and embedded finance products including alternative lending models such as buy now, pay later (BNPL), and next generation card products.

Key Points: 
  • These complementary platforms now enable faster development and delivery of digital-first banking solutions and embedded finance products including alternative lending models such as buy now, pay later (BNPL), and next generation card products.
  • This boosts digital transformation and financial innovation as customers can bring solutions to market faster, drive down cost barriers and scale efficiently.
  • We are partnering with Mambu to redefine banking services in North America, said Rasha Katabi, CEO & Founder, Brim Financial.
  • Brim's Embedded Banking and Finance solutions deliver a fully configurable digital platform, personal and SMB credit cards and an entire spectrum of payment solutions including integrated BNPL, Rewards and Loyalty, Customer Engagement and Analytics, and Integrated Enterprise Workflow Platforms.

Helios Technologies Nominates Diana Sacchi to Board of Directors

Retrieved on: 
Monday, March 14, 2022

Helios Technologies, Inc. (NYSE: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that the Board of Directors has nominated Diana Sacchi to stand for election as a Director at the Companys 2022 Annual Meeting.

Key Points: 
  • Helios Technologies, Inc. (NYSE: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that the Board of Directors has nominated Diana Sacchi to stand for election as a Director at the Companys 2022 Annual Meeting.
  • He has served on Helios Board of Directors since 2001.
  • We believe she will be a valuable addition as Helios continues to grow through the successful execution of its augmented strategy.
  • Ms. Sacchi brings more than 25+ years of global human resources expertise in addition to being an experienced leadership coach.