Photo via iStock / Jason Doiy
BLACK ENTERPRISE reported on Paypal’s $530 million commitment to end racial disparities and advancing social change. This week, the payment processing company announced it will invest $50 million to the Local Initiatives Support Corporation (LISC) for their Black Economic Development Fund.
“We strongly believe that access to capital and financial services is critical to growing and sustaining vibrant communities,” said Franz Paasche, senior VP of Corporate Affairs at PayPal in a press statement sent to BE.“
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