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Mastercard details how it’s activating its network, services, products, and partnerships to drive the company’s commitment to doing well by doing good in its 2023 Environmental, Social and Governance Report. The report outlines Mastercard’s progress toward social impact goals to support people, prosperity, and our planet, as well as continued work beyond outlined milestones. Underscored by strong governance principles, the company’s ESG strategy and efforts directly support business success.
The 2024 Global Inclusive Growth Summit, hosted by the Mastercard Center for Inclusive Growth in its 10th anniversary year, advances real solutions to today’s most pressing challenges through collaboration and candid conversation among entrepreneurs, innovators, policymakers, and emerging changemakers.
This year, we are excited to host speakers including Gina Raimondo, US Secretary of Commerce; Amina J. Mohammed, deputy secretary-general of the United Nations; Megan Rapinoe, soccer champion, activist, and co-founder of A Touch More; Cristina Junqueira, co-founder and CEO of Nubank; Jon Huntsman Jr., incoming vice chairman and president of Strategic Growth at Mastercard; and many more. Register here.
The 2024 Global Inclusive Growth Summit, hosted by the Mastercard Center for Inclusive Growth in its 10th anniversary year, advances real solutions to today’s most pressing challenges through collaboration and candid conversation among entrepreneurs, innovators, policymakers, and emerging changemakers.
This year, we are excited to host Rosario Dawson, Melinda French Gates, Aria Mia Loberti, and others to talk about financial inclusion, data science for social impact, climate and the environment, women’s economic empowerment, place-based development, and emerging technology such as artificial intelligence. Register here.
Today there are more than 5 million Hispanic-owned businesses in the U.S., and they contribute more than $800 billion to the economy annually, according to the U.S. Department of Treasury. Finding a support network that “speaks your language” — literally and culturally — is an essential component of any small business’s success.
Mastercard recently partnered with Ascendus, Finhabits and SUMA Wealth to expand its Digital Doors program to offer a dedicated platform to help the Hispanic small business community grow their businesses and build their financial futures. Mastercard launched the bilingual Hispanic Digital Doors platform this month to connect entrepreneurs with online resources and trusted partners committed to working with the Hispanic business community.
Photo courtesy of Javier Zamora.
“Digital payments are critical to small businesses and our ability to operate on a daily basis." That's what entrepreneur Rahama Wright shared during a recent summit in Washington, D.C., focused on the value of digital payments and the benefits the ecosystem delivers to all of its stakeholders.
With speakers that included House Financial Services Committee Chairman Patrick McHenry (R-NC) and industry voices, the summit by Mastercard and Punchbowl News also highlighted how innovation in payments supports security and inclusion. On financial inclusion, Mastercard’s President of the Americas Linda Kirkpatrick said, “It's not only the right thing to do for society. It's also good for our business.”
The 2024 Global Inclusive Growth Summit, hosted by the Mastercard Center for Inclusive Growth in its 10th anniversary year, advances real solutions to today’s most-pressing challenges through collaboration and candid conversation among entrepreneurs, innovators, policymakers, and emerging changemakers. First held in 2019, the Summit assembles a dynamic group of cross-sector leaders who collectively address topics including financial inclusion, data science for social impact, emerging technology such as artificial intelligence, climate and the environment, women’s economic empowerment, and place-based development. Register here.
Women entrepreneurs face a total financing gap of $1.7 trillion, and it’s time to shrink this massive disparity. At the Mastercard Center for Inclusive Growth, we’ve partnered with CARE, a leading humanitarian organization that emphasizes working alongside women and girls, to turn the cultural norms that hold women back into opportunities. Over three years, our partnership has reached more than nine million entrepreneurs through outreach campaigns, unlocking access to $154.9 million in loans.
Despite Atlanta’s encouraging startup figures, there’s still plenty of work to be done. As part of Mastercard’s In Solidarity commitment to narrowing the racial wealth and opportunity gap, the Mastercard Center for Inclusive Growth awarded a $950,000 grant to the Russell Innovation Center for Entrepreneurs last year to support the organization’s work providing business education, mentoring and networking opportunities to Black entrepreneurs, working with companies in any industry, at every stage of development.