Comun, a Latino-founded neobank that provides modern banking solutions for Latino families, announced it closed a $4.5M seed round led by Costanoa Ventures with participation from South Park Commons and FJ Labs. The company plans “to use the funds to build a financial hub with… Read More
Latino-owned businesses have shown signs of strength in the current economy, but they have also suffered, findings from the annual Biz2Credit Latino-Owned Business Study show. At $258,251, the average annual revenue for Latino-owned businesses in 2020-21 was $82,535 lower than their revenues the previous year… Read More
PayPal (NASDAQ: PYPL) recently announced it will invest $50 million in eight early-stage, Black and Latinx-led venture capital funds, which are Chingona Ventures; Fearless Fund; Harlem Capital; Precursor Ventures; Slauson & Co.; VamosVentures; Zeal Capital Partners; and one additional fund. According to PayPal, the investments are part of the payment platform’s mission to… Read More
Small business funding platform Biz2Credit announced on Monday that its annual Biz2Credit Latino-Owned Business Study for 2020 revealed that prior to the COVID-19 pandemic revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have… Read More
Camino Financial, a lender with a mission is to catalyze economic growth within low-to-moderate income communities, is out with a report on the US Latinx SME market and their credit needs. The Camino Financial U.S. Latinx Small Business Survey – Q4 2019, the first in… Read More
Manos Accelerator, a startup accelerator in Silicon Valley targeting global Latino entrepreneurs, and Entrepreneurs for Google has announced the selected startups that have joined the Manos Accelerator program for the 2015 spring batch. Manos Accelerator, an organization that is supported by Google for Entrepreneurs, is a… Read More
In a letter to their supporters Crowdismo announced the launching of their crowdfunding platform. Focusing on the Latino Community, Crowdismo is a rewards based crowdfunding site which they pitch as ideal for entrepreneurs, designers, students, community leaders, artists and just about anyone with a tangible… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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