Global majority

REI Cooperative Action Fund invests over $3.8 million in initiatives to advance equity in the outdoors and research nature's impact on health

Retrieved on: 
Tuesday, May 7, 2024
Organization, Clemson University, Nature, Investment, Portrait, Michigan State University, Global majority, Health, NHA, REI, Partnership, Research, Learning, Cornell University, Mental health, BIPOC, Pension fund

SEATTLE, May 7, 2024 /PRNewswire/ -- The REI Cooperative Action Fund is investing over $3.8 million in 60 organizations that are strengthening the health and well-being of communities through time outside. Funding will support nonprofits that are led by and serve historically excluded communities, as well as researchers who are studying the connection between time outside and human health. With this latest investment, the REI Fund expanded its community-centered approach, partnering with community leaders and scientists to advise on grant recipients. This investment was made possible by more than 2 million individual donations and ongoing support from the REI Fund's corporate partners.

Key Points: 
  • SEATTLE, May 7, 2024 /PRNewswire/ -- The REI Cooperative Action Fund is investing over $3.8 million in 60 organizations that are strengthening the health and well-being of communities through time outside.
  • With this latest investment, the REI Fund expanded its community-centered approach, partnering with community leaders and scientists to advise on grant recipients.
  • This investment was made possible by more than 2 million individual donations and ongoing support from the REI Fund's corporate partners.
  • "The REI Fund is about bringing together the collective strength of the greater REI community—which includes honoring the perspectives of leaders from the communities we serve," said Kristen Ragain, managing director of the REI Cooperative Action Fund.

Closing The Financial Access Gap: Top Fintech Players Leap Further Towards Financial Inclusion With an Industry-Leading Partnership

Retrieved on: 
Wednesday, April 24, 2024
Global majority, Filipino, Partnership, Film industry

SANTA MONICA, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- Tala, the world's first fintech company for the Global Majority, this week announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos. This collaboration represents a groundbreaking initiative in the country and the broader Southeast Asian market to channel an unprecedented amount of $48.5 million through independent digital platforms to ensure millions more Filipinos have access to credit.

Key Points: 
  • By serving nearly 9 million customers across three continents, Tala has unlocked the key to economic power for the world's underbanked—credit.
  • This partnership is set to significantly expand the availability of financial solutions for Filipinos, leveraging the latest digital and mobile technologies.
  • Our joint effort is a significant step towards closing the financial access gap, ensuring we meet the everyday financial needs of our customers in this digital age."
  • This is just the beginning of a journey of serving billions more; 52% of the world's population—almost 4 billion people – still face the financial access gap.