Echoing Green – Social Impact Talent Report

Echoing Green – Social Impact Talent Report

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We’re proud to announce that our founders Cat Berman and Yuliya Tarasava have been selected for consideration for the Echoing Green Fellowship. Each year Echoing Green evaluates thousands of applicants and roughly only 1% of applicants are selected. Congratulations are in order for Cat and Yuliya, who are working to democratize and simplify finance through CNote. The two will travel to New York for interviews and could be selected as finalists for the “Echoing Green Fellowships – [a] two year immersive leadership development program that provides seed-funding and hands-on support, and embeds them in the Echoing Green network.” Echoing Green is a truly remarkable organization that “identifies tomorrow’s transformational leaders today.” Echoing Green works to find extraordinary individuals, who have influential ideas and original solutions. "We unite this diverse group of innovators,…
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Borrower Story: Meet Maria Cruz with Heavenly Flowers

Borrower Story: Meet Maria Cruz with Heavenly Flowers

Borrower story, CDFIs, CNote
[caption id="attachment_2535" align="alignright" width="297"] Maria at her shop "Heavenly Flowers"[/caption] Meet Maria Cruz from Long Island. Her passion and area of expertise is flowers. With the cash she saved while working at her sister’s shop, she succeeded in opening her own flower shop in 2009. Her business grew and she was able to open up a second shop in 2015. Things were going well until some equipment began to fail during an uncharacteristically slow summer season. She needed more money, however, banks turned her down flat. “I couldn’t understand why no one would loan to me. I just kept running into a dead end,” says Cruz. Both shops were profitable and her credit was good, but the only loan options available to her came through the large pool of largely…
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CNote Wins SXSW Super Accelerator Pitch Competition

CNote Wins SXSW Super Accelerator Pitch Competition

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We’re proud to announce that we are coming back from SXSW with two awards! Just yesterday, CNote was selected the Top Innovation in the the Payment and FinTech category and today CNote emerged as a winner among all categories: CNote was chosen as the 2017 Best Startup Pitch Company after besting ten of the best companies during the first SXSW Super Accelerator Pitch Competition on Monday, March 13. Our team is looking to take this momentum into the coming months as we support our initial product launch and work to make our first product offering broadly available to everyone. We’ve got a lot of exciting news ahead! You can learn more about CNote and our mission here. Also, feel free to contact our team with any questions at support@mycnote.com. A…
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CNote Wins Payment and FinTech group at the 2017 SXSW Accelerator

CNote Wins Payment and FinTech group at the 2017 SXSW Accelerator

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We are beyond excited to announce that CNote was selected as the winner out of a group of five great finalists in the Payment and FinTech Technologies group at SXSW. Every company deserved such a high recognition, but we are thrilled that our that our message resonated with the audience at SXSW and we are the taking “The Top Innovation” award home. This recognition is an important reminder that there is room to innovate in the financial space, especially as it relates to maximizing individual and societal wealth. CNote makes products that simplify and democratize finance. We focus on inclusivity, integrity and community when creating every financial product we bring to market. You can learn more about CNote and our mission here. Also, feel free to contact our team with any…
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Why haven’t I heard of CDFIs before?

Why haven’t I heard of CDFIs before?

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CDFIs are a tough acronym to remember. We get it. It stands for Community Development Financial Institutions - yet another mouthful. We think the easiest way to describe them is - lenders for the community. So..say you have a dream of opening up your own business. You have the drive, a great idea, and all you need is to borrow a few bucks to get it going or keep it going. Unfortunately, your options are not so great. Sorry to break the news, but not all lenders are the same and the online lenders you’ve heard of typically charge small businesses 6 to 7x more than large banks to access money. Yup. But wait, this is where CDFIs come in! They provide small businesses fair capital and business coaching. And…
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