Estimated reading time: 0 minutes, 22 seconds

Fig Makes Fintech History with Community-driven Certification

Fig, a fintech that services low-income borrowers, has become the first company of its kind to gain both federal certification as a Community Development Institution and gain classification as a Certified B Corporation. So reports Yahoo Finance.

In order to gain CDFI certification, a company must have a “primary mission of promoting community development” among other criteria. Techstars and VilCap Investments were early investors in Fig.

Click here to read the full article from Yahoo Finance.

Read 2485 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.