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Making a difference without millions – how Americans give

Stanford researcher Lucy Bernholz is re-imagining what philanthropy looks like and is trying to understand how average people create, fund and distribute shared social goods in the digital age. ....

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Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV – TechCrunch


Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV
Many founders talk about their desire for a more diverse investor base. Richie Serna took that desire and made it a reality.
Serna, who founded payments infrastructure startup Finix in 2016, had raised more than $95 million in venture funding from the likes of Lightspeed Venture Partners, American Express Ventures, Homebrew, Precursor Ventures, Insight Partners, Bain Capital Ventures, Visa and Activant Capital.
The San Francisco-based fintech last raised $30 million in an extension of its Series B round last August. At the time, Finix which says its mission is to make every company a payments company  said it had seen its transaction volume more than quadruple from Q2 2019 to Q2 2020. ....

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Politico Ripped for Janet Yellen $7.2 million Speeches Story: Sexist


Joe Biden and others tore into Politico over an article that said Treasury Secretary nominee
Janet Yellen “raked in” more than $7.2 million for speeches over two years, with many accusing the site of sexism.
The article focuses on financial disclosures from former Federal Reserve Chair Yellen, as well as two other Biden nominees. But it was their characterization of Yellen’s earnings that drew attention:
In the past two years, President-elect Joe Biden’s pick to be Treasury secretary, Janet Yellen, has raked in more than $7.2 million in speaking fees from Wall Street and large corporations including Citi, Goldman Sachs, Google, City National Bank, UBS, Citadel LLC, Barclays, Credit Suisse, Salesforce and more. ....

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