CNote Wins Payment and FinTech group at the 2017 SXSW Accelerator

CNote Wins Payment and FinTech group at the 2017 SXSW Accelerator

CNote
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?

CDFIs
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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CNote selected to be SXSW Accelerator Finalist

CNote selected to be SXSW Accelerator Finalist

CNote
We’re proud to announce that CNote has been selected as a finalist for this year’s South by Southwest Accelerator Pitch event. CNote is one of five payment and FinTech companies selected for the pitch event. We’re excited to share our vision for creating accessible financial products that maximize individual and societal wealth with the "future curious" audience of SXSW.  The pitch event will be held over two days, Saturday, March 11 and Sunday, March 12 at the Hilton Hotel in downtown Austin. If you’re a fan of CNote, or just a fan of seeing innovative companies deliver their message, we recommend checking it out. All the selected finalists will pitch Saturday and then 18 companies will move on and pitch again one more time on Sunday. You can view the list…
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Coverage from TechCrunch

Coverage from TechCrunch

CDFIs, CNote
Today marks the day when the first financial product based on Community Development Financial Institutions (CDFIs) is brought by CNote to individuals for the first time in history. The coverage from TechCrunch perfectly captures the nature of CDFIs and their social impact mission: Community development financial institutions are an integral part of economic development in the United States. They support affordable housing, minority owned business and other entities that may struggle to get the capital they need from traditional banks. CNote's aim is to democratize finance: we strongly believe that everyone is entitled to the benefits of financial innovation, not just the top 1%. Our first CDFI-based product is the first step in that direction. Soon all Americans will have access to the product and will be able to reap the returns,…
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#WHATWENEEDTOSUCCEED

#WHATWENEEDTOSUCCEED

CNote
30 billion, 90%, 5 times, 27 dollars, 7%...what’s behind these numbers? On one hand, a grim picture of missed opportunity, on another - a light of hope for our future. Consider the facts: If women scaled as entrepreneurs, $30 billion can be added to our country GDP. Women put 90% of their income into their communities and families. Women have been starting businesses at 5x the rate of the national average. 1 out of 27 dollars of commercial lending goes to women led businesses. 7% of all the venture capital is received by women. I remembered these facts last week as I attended the Scale Collective event in NYC hosted by Virago, a strategic advisory supporting women entrepreneurs. The event brought close to 100 women entrepreneurs together and was held…
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