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Community Development | CDFIs Mission-Driven Orientation Is Critical to Making Financial Technology Work for Deep South Communities

Community Development | CDFIs Mission-Driven Orientation Is Critical to Making Financial Technology Work for Deep South Communities
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Community briefs

Community briefs
arkansasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasonline.com Daily Mail and Mail on Sunday newspapers.

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Contracts accelerate small business, home loan approval rate

ANDREW MOREAU/OPINION Contracts accelerate small business, home loan approval rate by Andrew Moreau | Today at 1:55 a.m. Two recent stars of the Little Rock Venture Center s community banking accelerator program are continuing their winning ways by securing federal contracts that ease approval of small business loans and home loans. Teslar Software of Springdale reports that its banking technology supported more than 20% of Paycheck Protection Program loans issued by community financial institutions this year. The 1.3 million loans powered by Teslar represent $22 billion of funding for small businesses across the country. The fintech received approval of 80 loans per minute during peak times, according to the company.

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PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity

PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity News provided by Share this article Share this article SAN JOSE, Calif., June 2, 2021 /PRNewswire/  PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including Hope Credit Union,  OneUnited Bank, Self-Help Federal Credit Union, CNote s Wisdom Fund and various smaller institutions through a CNote Promise Account. These investments are part of PayPal s $535 million commitment to strengthen Black businesses and underserved communities, and help drive financial health, access and generational wealth creation.

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Netflix - Mergers & Acquisitions

Netflix May 25, 2021 June 30, 2020 June 05, 2020 December 16, 2019 March 20, 2019 December 21, 2018 Join our Membership August 16, 2018 February 01, 2018 December 14, 2017 Get M&A news and analysis delivered daily to your inbox.

Economic development initiativeHope credit unionBlack economic development initiativeHope creditபொருளாதார வளர்ச்சி முயற்சிநம்பிக்கை கடன் தொழிற்சங்கம்கருப்பு பொருளாதார வளர்ச்சி முயற்சிநம்பிக்கை கடன்

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