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Catherine Berman is the CEO of CNote who shares an innovative approach to getting capital in the hands of marginalized communities who otherwise would not receive funding. In this episode Kevin and Catherine discuss Economic Justice and how to leverage capitalism as a mechanism to transform lives and the communities within them. CNote is a women-led impact investment platform that uses technology to unlock diversified and proven community investments that increase economic mobility and financial inclusion.
How can we get money into America's Main Street communities?Cat knows that Community Development Financial Institutions (CDFIs) have been vital in capitalizing people and communities neglected by mainstream lending. But support for these institutions has to come from somewhere. CNote is a B-Corporation and social enterprise that acts as a go between for CDFIs and institutional investors looking to round out their portfolios with investments in communities. For the scoop on CNote, we talk to co-founder and three-time entrepreneur Cat Berman about what her business does and her vision for bringing innovation to community investing.About Cat.As co-founder of CNote, Catherine Berman works to bridge the gap between capital and communities. She is a three-time entrepreneur with experience launching and building scalable businesses, previous company, Global Brigades, operating in five countries and now being the world's largest student development firm. Over the last two decades, Catherine has held senior roles in both management consulting and venture capital and served as Managing Director of Charles Schwab where she led a strategy division focused on the future of finance incorporating behavioral economics and predictive analytics. A renegade not only listens but acts. We've consolidated a few tips from this episode to help you invest in local communities.Wisdom Fund: Check out CNote's Wisdom Fund that supports women of color entrepreneurs. You can invest through organizations you are a part of. Ask your employer, local nonprofits, places of worship, etc. to support this work by investing some of their cash in this fund.Add socially responsible funds to your retirement account: This site provides a guide for investing your retirement dollars into causes that align with your values.Invest in CDFI banks & credit unions: Move your savings to a CDFI bank or credit union that supports lending in local communities. Check out this site to locate a CDFI bank or credit union near you. Support the show (https://www.patreon.com/renegadecappod)
How can the financial services ecosystem play a bigger role in creating a more equitable future? Community Development Financial Institutions (CDFIs) are economic first responders that help remove barriers to economic equity and help improve the lives of people in our most underserved communities. Tune in to this episode of One Vision as Theo and Bradley speak with Catherine Berman, CEO and Co-Founder of CNote, about levelling the playing field during a pandemic, how their Wisdom Fund provides access to capital and lending for women-owned businesses, and how their Promise Account helps insured financial institutions with deposits targeting both competitive returns and positive social impact.
How can the financial services ecosystem play a bigger role in creating a more equitable future? Community Development Financial Institutions (CDFIs) are economic first responders that help remove barriers to economic equity and help improve the lives of people in our most underserved communities. Tune in to this episode of One Vision as Theo and Bradley speak with Catherine Berman, CEO and Co-Founder of CNote, about levelling the playing field during a pandemic, how their Wisdom Fund provides access to capital and lending for women-owned businesses, and how their Promise Account helps insured financial institutions with deposits targeting both competitive returns and positive social impact. See acast.com/privacy for privacy and opt-out information.
How can the financial services ecosystem play a bigger role in creating a more equitable future? Community Development Financial Institutions (CDFIs) are economic first responders that help remove barriers to economic equity and help improve the lives of people in our most underserved communities. Tune in to this episode of One Vision as Theo and Bradley speak with Catherine Berman, CEO and Co-Founder of CNote, about levelling the playing field during a pandemic, how their Wisdom Fund provides access to capital and lending for women-owned businesses, and how their Promise Account helps insured financial institutions with deposits targeting both competitive returns and positive social impact. See acast.com/privacy for privacy and opt-out information.
Just about every guest on Our Money Power makes the point that women are values-driven investors. We want to grow our wealth — and we want to know our money is having a positive impact on the world we live in.But many of us still don't know where to start. What are the best products and tools for investing with our values? What questions should we even be asking? How do we take the first step? Our guest today, Catherine Berman, is what I like to call - a “Disruptor for Good.” She is a passionate advocate for financial inclusion and wants to see more women investing, and investing with their values. She co-founded CNote, a platform that allows you to earn a competitive return while investing in women-led businesses and supporting communities that are not being served by the big banks and lenders. She says investing for impact starts by having those important money conversations:"There is a cultural norm of men sharing stories about wealth, financial tips, (and) financial best practices, that has been deeply embedded in our society. And we don't have that on the same side for most women. How do we make it more of a cultural norm to talk about our money, to talk about what we're doing with it, to talk about the things that bring us pride? I think that's another big piece that we need to solve for if we're going to really step into our power around money." - Catherine Berman
Impact investing is having a moment. While it has been around in some form for several decades, today, many large and small investors are demanding that their money do more. They don’t just want to make an impact investment, they want to see exactly how they made an impact, in a measurable way. Our next […] The post Podcast 282: Catherine Berman of CNote appeared first on Lend Academy.
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Arguably, peanut butter and chocolate is the best combination ever, but there’s a new kid on the block – the combination of your money and the concept of impact investing.Did you know you have the power to change the world with your dollars? Everything you spend your money on sends a message. This is a concept I’ve become really dialed into the last couple of years, so I was pumped to speak with Catherine Berman, co-founder, and CEO of CNote, an award-winning investment platform where you earn a better return while investing in causes and communities that matter to you.What You'll LearnIs socially responsible investing just a fad or a great way to invest some of your dollars for a profitWhat has lead to the growth of socially responsible investingWhat makes for a socially responsible fundHow CNote is working to tie your investing dollars with impactWhat portion of your money should be investing in impact investing fundsLinksCNoteMoney Game Plan Challenge Sign-upSUBSCRIBE & SHAREWant to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE!If you loved this episode, don’t forget to share it with your friends on your favorite social channel and tag @shannahgame.Ask ShannahHave an Ask Shannah question, submit it hereGet SocialShannah on TwitterShannah on Instagram
Listen to Anne Price and Catherine Berman discuss the social investment platform CNote as an innovative model for expanding economic development and opportunity in historically underserved communities. Catherine Berman is a three-time social entrepreneur, former Managing Director at Charles Schwab, and co-founder of CNote, a social investment platform. Catherine joined Insight President Anne Price on … The post Episode 20: Catherine Berman appeared first on Insight.
Three-time social entrepreneur, Catherine Berman (COM’97) is the Founder and CEO of the impact investment platform, CNote. Cat has embraced a career in generating positive social change and shares the lessons she’s learned from her experience launching and scaling mission-driven businesses. Learn more about Cat & her company at www.mycnote.com. For more on the Proud to BU podcast, visit our website, bu.edu/alumni/podcast. A transcript of this episode is also available. Please note, transcripts may be edited for clarity and do not represent a verbatim record of dialogue.Listener Survey: We want to hear from you! Complete a 3-minute survey and claim your pair of our custom-made limited edition Proud to BU podcast socks!Support the show (http://www.bu.edu/give)
Are you known as the "frugal" friend in your circle? Think you're 100% on board when it comes to managing your finances? You'll have a chance to put that to the test today, because our roundtable is discussing (and sharing their own stories on) hardcore money decisions. Helping us out today is special guest from The PhysicianWealthServices.com, Ryan Inman... PLUS two of our basement favorites: Paula Pant and Len Penzo. Then, in our Fintech segment, we're super excited to talk to Catherine Berman from CNote. Not only does CNote pay higher interest rates currently than a regular savings account, but you'll also be investing in local communities. How does it work? We'll go through it step by step with Cat (and you can check out our link below to CNote for more information). And of course, if you're hungry like the wolf for trivia, we'll still have time for Doug. Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings. Thanks to Harry’s for supporting Stacking Benjamins. Get your Trial Set – go to Harrys.com/sb
Industry disruptors, it stands to reason, tend to be outsiders. But how comfortable are you not being an outlier? Serial entrepreneur Catherine Berman shares her story of coming to terms with the traits and experiences that set her apart from friends and colleagues throughout adolescence and early in her career. Embracing her uniqueness emboldened Berman to launch several social ventures, the latest being a social-impact startup in fintech called CNote.
Industry disruptors, it stands to reason, tend to be outsiders. But how comfortable are you not being an outlier? Serial entrepreneur Catherine Berman shares her story of coming to terms with the traits and experiences that set her apart from friends and colleagues throughout adolescence and early in her career. Embracing her uniqueness emboldened Berman to launch several social ventures, the latest being a social-impact startup in fintech called CNote.
Industry disruptors, it stands to reason, tend to be outsiders. But how comfortable are you not being an outlier? Serial entrepreneur Catherine Berman shares her story of coming to terms with the traits and experiences that set her apart from friends and colleagues throughout adolescence and early in her career. Embracing her uniqueness emboldened Berman to launch several social ventures, the latest being a social-impact startup in fintech called CNote.