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Community Development | CDFIs' Mission-Driven Orientation Is Critical to Making Financial Technology Work for Deep South Communities

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Can fintechs build on strong PPP lending to Black businesses?

Can fintechs build on strong PPP lending to Black businesses?
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Research By New York Fed, AARP, Finds Decline In Active Business Ownership Among Those 45 And Older

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posted on 10 April 2021
from the New York Fed
Active Business Ownership Down Nearly 20 Percent for 45+ Asian Owners; Drop in Black Ownership Twice as Large as Decline in White Ownership
The Federal Reserve Bank of New York, in collaboration with AARP, released a report, ....

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