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Today: May 19, 2024
January 11, 2024
1 min read

Revolutionizing VC Investment: Visa and Mastercard’s Diversity Drive

TL;DR:

  • Despite research showing diverse leadership helps startups and the overall economy, a substantial chunk of VC investing still goes toward firms started by white men.
  • Visa and Mastercard are using their international networks to find opportunities for overlooked businesses to address this issue.
  • Both card networks have expanded financial inclusion programs with a focus on women and minority-owned startups, but a substantial gap remains.
  • The lack of diversity in leadership is harming the overall economy and the investors themselves.
  • Visa and Mastercard have the resources to help meet the challenges in access to funding and broader market visibility for fintech startups.
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Southwest Powerhouses Drive VC Investments

TLDR: A Southwest authority has made commitments in the venture capital (VC) space. The commitments include investments in various VC strategies, totaling $1.6 billion. In a recent move, a Southwest authority has
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