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Acumen Blog
Acumen has invested in Level, a business that offers affordable and accessible financial services to help independent contractors expand their work and build wealth. THE CHALLENGE: INACCESSIBLE FINANCIAL SERVICES FOR SMALL BUSINESSES The U.S. workforce is rapidly changing with approximately 57 million people working independently. However,...
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Acumen Blog
THE CHALLENGE: EXPENSIVE DIESEL GENERATORS Due to limited and unreliable grid electricity, two thirds of electricity in Nigeria is provided by expensive diesel and petrol generator sets. Relying on petrol generators costs off-grid microbusiness owners—such as vendors in rural marketplaces—up to 50 percent of their...
Acumen Blog
In November, Acumen hosted TEDxAcumen in connection with TED Countdown, a global initiative to champion and accelerate solutions to the climate crisis. The goal of TEDxAcumen was to amplify the intersection of poverty and climate change and to highlight the need for investment in adaptation...
Acumen Blog
With a $30 Million investment for Sub-Saharan Africa, Green Climate Fund joins a coalition of investors and donors to protect the progress made in achieving universal energy access. This week, the board of the Green Climate Fund (GCF) approved a $30 million investment in the...
Acumen Blog
Acumen has invested in Bridge, a fintech company paving the way to financial stability for Americans with its unique fee-free banking services. THE CHALLENGE: EXPENSIVE AND EXCLUSIONARY BANKING More than 63 million Americans do not have access to affordable banking services. Big traditional banks often...