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CFSI Announces Nonprofit Opportunities Fund Grant Awards

The Center for Financial Services Innovation (CFSI) announced today, at the Underbanked Financial Services Forum, the grantees of its 2008 Nonprofit Opportunities Fund.  The fund was created by a $2 million grant from the Wal-Mart Foundation.  CFSI selected the ...


CFSI Underbanked Consumer Study Identifies Eight Underbanked Consumer Types

The Center for Financial Services Innovation (CFSI) has released the initial findings of its groundbreaking national segmentation study of the underbanked market at the 3rd Annual Underbanked Financial Services Forum, continuing through Tuesday, June 10th, in Miami.  The ...


CFSI Announces Latest Investees Under Its “Catalyst Fund”

The Center for Financial Services Innovation (CFSI) announced today two new investments under its Catalyst Fund L.P.: iSend and Progress Financial. 

These newest investments reaffirm CFSI’s commitment of focusing on innovative growth stage organizations serving the underbanked.  In ...


CFSI Announces Grant Opportunities for Nonprofit Organizations

The Center for Financial Services Innovation announced a $250,000 grant award to Credit Builders Alliance (CBA).  This award, together with the release of a request for proposals for the CFSI’s new Nonprofit Opportunities Fund last week, marks ...