Citi has now invested in Greenwood, MoCaFi, Moving Analytics, OhmConnect and Sweeten through its $200m Impact Fund.
US-based financial services firm Citi has used its $200m Citi Impact Fund to invest undisclosed amounts in five companies addressing societal issues.
The companies include Greenwood, the creator of a digital platform for African American and Latinx banking customers, and MoCaFi, which has developed a mobile-first banking platform focused on underserved communities in the US.
The fund has also backed Moving Analytics, the provider of a cardiac rehab management platform for patients with heart conditions, in addition to distributed…
