CNote, has shared that in just 10 months, its members have helped to create or maintain more than 1,000 jobs across the US. CNote aims to helps increase economic opportunity by investing in federally-certified community lenders that fund female and minority entrepreneurs, affordable housing, and other community development projects across the country.
“We’re a fintech company that measures performance in more ways than total active users, profits, or AUM. We fundamentally believe that you can create financial products that offer a competitive return and build a more inclusive economy for everyone,” CNote CEO and Co-Founder Catherine Berman. “Our users value seeing the impact their money is having on communities across the country, from the small business success stories we share to seeing the number of jobs that their individual investments helped create.”
[clickToTweet tweet=”In 10 months, @goCNote members have helped to create or maintain more than 1,000 jobs across the US #fintech” quote=”In 10 months, @goCNote members have helped to create or maintain more than 1,000 jobs across the US #fintech”]
After launching the first of its kind impact savings product to all investors on September 27, 2017, CNote has highlighted the positive impact all those new investment dollars have had on local communities.
“CNote is re-imagining finance, both what it stands for and who it serves. Our women-led firm creates competitive financial products embedded with social impact,” Berman shared with Crowdfund Insider via email. “As an example, we are the only company to build a high-yield, 100% socially responsible financial product and have it qualified by the SEC. It’s now open to everyone, with no fees and is investing your dollars in women, minorities and low income communities.”
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CNote’s mission is to create a more inclusive financial system by increasing access to capital for financially underserved communities. The 1,000 jobs created provides just one example of the economic impact an investment in CNote can have. Every dollar invested with CNote is deployed with community lenders that were created to address a lack of financial services and opportunity for underbanked communities across America.