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How to Invest in Companies That Close Gaps for Low Income Communities
For all the investments we make, we're thinking about how do we invest in companies that close gaps for low income communities and or communities of color? For FinTech, it's a really interesting approach. We're looking at low income individuals and thinking about things such as access to credit or credit scores and trying to build that into products that we invest in. An example of this is a company, Tomo Credit. They can see how much excess dollars you have every month and then they lend based on that. And more data points is always good for underwriting.
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