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In Record-breaking Year, Insikt Closes $210M Through Its Social Bond Securitization Program | Business Wire

by businesswire.com posted 1month ago 293 views
SAN FRANCISCO--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/CommunityInvestmentManagement?src=hash" target="_blank"gt;#CommunityInvestmentManagementlt;/agt;--INSIKT, a leading FinTech CDFI (Community Development Financial Institution) disrupting the predatory lending category, announced its latest and final social impact bond issuance for the year. INSIKT has successfully raised $210 million in 2018, backed by 174,447 of its responsible, credit-building consumer loans. This has propelled the total securitization volume to $353 million, over nineteen issuances, since the program’s inception in 2013. The latest social b.

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