MASTERCARD PLEDGES $500 MILLION TO HELP CLOSE RACIAL WEALTH AND OPPORTUNITY GAP FOR BLACK COMMUNITIE
Furthering longstanding financial inclusion efforts to bring more people and small businesses into the digital economy, the company will bring equitable financial tools, investment and partnerships to cities across the U.S.
In its sustained efforts to build a more inclusive global digital economy, Mastercard is investing $500 million in Black communities over the next five years. This commitment includes products, services, technology and financial support, as well as concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital..