Industry News – January 15, 2019
January 15, 2019
LendingFront Raises $4M in Funds to Modernize Small Business Lending
This Newark-based small business lending software provider has raised a $4 million Series A funding round to help modernize small business lending with a cloud lending software program.
Money Managers Eager to Make Leap to Opportunity Zone Investing
Interest in launching funds to invest in low-income communities designated as opportunity zones is running high, but the number of funds launched still is low as firms await greater regulatory clarity.
Source: Pensions & Investments
Chinese Investments in U.S. Tech Startups Dry Up
Investments on the part of China in U.S. technology startups are slowing down thanks to increased scrutiny on the part of the White House.
Using Impact Investing to Build a Sustainable Future
It goes without saying that bringing impact investing to the forefront would provide a new power and push to achieve targets such as the UN Sustainable Development Goals.
The Year In Impact Enterprise and Investing
According to the Global Impact Investing Network’s (GIIN) most recent Annual Investor Survey, the size of the global impact investing market doubled in a year.