OAKLAND, Calif., Dec. 19, 2018 /PRNewswire/ -- CNote, a women-led financial technology company that allows everyone to invest with their values announced today that it is raising the interest rate on its award-winning Financial Inclusion Fund to 2.75 percent in 2019.
In 2018, the impact investing platform has seen significant user growth as more investors look for ways to connect meaning to their money. With an overarching mission to close the wealth gap in the United States by providing funding to women- and minority-led small businesses, financing affordable housing and increasing investment in low-income communities, CNote looks to make impact investing even more rewarding in 2019.
Compared with quarterly CDs that currently yield around 0.75 percent APY or less, CNote offers a significantly higher APY of 2.75 percent without any fees, early-withdrawal penalties or minimums — all while investing in economic growth in communities that need it the most.
"For a long time, doing something good with your money wasn't always the smartest financial decision. We're challenging that thinking. In 2019, we're making it even more financially rewarding for our members to invest with their values. If you've got extra cash sitting in an account paying you next to nothing, an investment in CNote is a great way to make your money work for you in 2019," said Cat Berman, CEO and co-founder of CNote.
Since inception, CNote and its members have committed over $18 million dollars to communities across the country, helping to create or maintain over 1,800 jobs and bring sustainable economic growth to local communities across America.
For more information about CNote or to learn more about how an investment in CNote will help build a more inclusive economy, visit mycnote.com.
About CNote
CNote is an award-winning financial platform that allows anyone to make money investing in causes and communities that they care about. With the mission of closing the wealth gap, every dollar invested with CNote helps fund female- and minority-led small businesses, affordable housing and economic development in financially underserved communities across America. Through a growing network of non-profit lenders covering more than 37 states, CNote members have funneled millions of dollars into local communities, helping to create or maintain over 1,800 jobs and funding more than 280 small business loans since inception. For more information, visit mycnote.com.
MEDIA CONTACT
Courtney Osgood
[email protected]
607-857-3955
Related Links
CNote's Small Business Success Stories
Learn more about CDFIs, the asset CNote invests in
SOURCE CNote
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article