Tagged: social impact

Insurtech: Digital Insurance Firm Lemonade Announces Renewal of Reinsurance Program

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was reportedly led by the same tier-one carriers “as the expiring treaty and was oversubscribed on all dimensions.” The core of the program… Read More

Digital Insurance Firm Lemonade Appoints Deb Schwartz, Dr. Samer Haj-Yehia to Board of Directors

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb Schwartz and Dr. Samer Haj-Yehia, “effective immediately.” The newly named Directors will “succeed departing Directors Irina Novoselsky and Silvija… Read More

Malaysia: Maybank Introduces Values-based myimpact Credit Card

Maybank introduced the myimpact credit card, in efforts “to empower its customers towards making better sustainable life choices which will impact the next generation.” The credit card, which is “made from bio-sourced polylactic acid, features a ground-breaking initiative deemed first-of-its-kind in the country, provides mechanisms… Read More

Qardus, an Ethical and Sharia-Compliant Financing Platform for Social Impact SMEs, Secures £318,837 via Seedrs

Qardus, which claims to be an ethical & Sharia-compliant financing platform for social impact SMEs and investors, has secured 106% (£318,837) of its £300,002 target from 153 investors (at the time of writing) with 17 days left in the firm’s crowdfunding campaign carried out via… Read More

Lemonade, the Digital Insurance Firm Powered by AI, Partners with VC Company General Catalyst

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a venture firm and an early investor in Lemonade, in order “to create Synthetic Agents, a novel financial structure that unlocks growth without depleting… Read More

Web3: Animoca Brands, the Firm Advancing Digital Property Rights for Gaming and Metaverse, Joins Celo Ecosystem

The team at Celo is pleased to announce that Animoca Brands, the company advancing digital property rights for gaming and the metaverse, joins the Celo ecosystem in order “to scale up Web3 gaming in a shared effort to drive social impact and climate action by… Read More

AI-Powered Insurtech Lemonade Announces Reinsurance Program Being Renewed on Good Terms

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program has been “renewed in good time and on good terms.” The Lemonade program is “led by the same tier-one carriers as the expiring and was oversubscribed on… Read More

Insurtech: Lemonade, the Digital Insurance Firm Leveraging AI, Introduces Lemonade Car in Oregon

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available. As a state known for its environment-friendly ways and… Read More

Insurtech Lemonade Launches Car Insurance in Ohio

Lemonade (NYSE:LMND), the digital insurance firm “powered by social impact,” recently announced the launch of Lemonade Car in Ohio. The Buckeye state “marks the third state to feature availability of Lemonade’s newest environment-friendly product.” With an increasing presence of electric vehicle infrastructure and growing startup… Read More

Insurtech Lemonade Announces Launch of Lemonade Car in Tennessee

Lemonade (NYSE:LMND), the digital insurance firm that’s powered by social impact, recently announced the launch of Lemonade Car in Tennessee. Following the initial launch in Illinois, Tennessee “marks the second state to feature availability of Lemonade’s newest environment-friendly product.” Hitting “record” snow averages this winter… Read More

Seira Yun: Founder and CEO at Socious, a Fintech / Community App for Social Change, Explains How they Aim to Improve Lives

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

Virgin Money Teams Up with Purpose Coalition on United Kingdom Levelling Up Impact Report

Virgin Money is teaming up with the Purpose Coalition on a Levelling Up Impact Report, “setting out its contribution to the levelling up agenda in the UK.” The Levelling Up Impact Report will aim to “highlight the work” Virgin Money is currently undertaking to create… Read More

Hyphen Acquires Chainlink Grant to Develop Oracle Framework for Tracking Greenhouse Gases, Ozone-Depleting Substances

With the increasing concerns regarding issues related to climate change and various unsustainable agricultural practices, many nations and large enterprises are working via international pledges to establish an ecologically conscious future. Hybrid smart contracts—which are smart contracts that bring together blockchains, Oracles, and API infrastructure… Read More

Chainlink Teams Up with UNICEF Innovation Fund to Support Blockchain Apps in Emerging Markets

Chainlink (LINK), a provider of decentralized Oracle networks, has teamed up with the UNICEF Innovation Fund in order to support blockchain-powered applications in emerging markets. The Chainlink Community Grant Program offers financial resources to development teams and researchers that are creating a “more functional, accessible,… Read More

Overfunding: Electric City Bike Brand HumanForest Surpasses £1.2 Million Funding Target on Crowdcube

  HumanForest, a UK-based electric city bike company, has successfully secured its initial £1.2 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted near 450 Crowdcube investors. As previously reported, HumanForest partners with companies… Read More

Online Lender OppLoans Teams Up with Experian, Steady, & BillShark For Social Impact Efforts

Online lender OppLoans announced on Thursday it has joined forces with Experian, Steady, and BillShark to pursue its commitment to help customers build a better financial path through more financial resources, education, and support. OppLoans revealed that as part of its newly created social impact strategy,… Read More

Social Impact Fintech Chipper Launches Mobile Feature For Student Loan Repayment After CARES Act Expires

Chipper, a U.S. social impact fintech, announced on Wednesday the launch of Explore, which is a feature designed to transform the way student loan borrowers navigate the complex repayment process after the CARES Act expires in December. According to Chipper, the feature enables borrowers to… Read More

U.S. Fintech EarnUp Receives $150,000 Grant From Social-Impact Investor Acumen America’s COVID-19 Emergency Response Fund

EarnUp, a fintech startup that offers a consumer-first platform for automating loan payments, announced on Tuesday received a $150,000 grant from social-impact investor Acumen America’s COVID-19 Emergency Response Fund to provide emergency relief funds to selected EarnUp customers who were adversely impacted by the COVID-19 pandemic. EarnUp reported… Read More

Ezra, a Project that Supports Global Aid Initiatives via its Partner Network through Fintech and Emerging Tech, has Launched

Ezra, a project that leverages its partner network to support global aid initiatives through Fintech and other emerging technologies, is planning to work cooperatively with mobile operators, NGOs, and various foundations and organizations in order to enable greater financial inclusion through digital platforms. Allan Green,… Read More

Ethereum Classic Labs (ETC Labs) Partners UNICEF by Providing $1 Million to its Innovation Fund to Support Social Impact Blockchain Projects

Ethereum Classic Labs (ETC Labs) is teaming up with the United Nations’ Children Fund (UNICEF) Innovation Fund by providing $1 million to support various ongoing projects. According to a press release, ETC Labs said it will be allocating $750,000 to global startup graduates of UNICEF’s… Read More

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