Fearless Fund Is Doubling Down On Supporting Women Of Color Founders With Investment From Mastercard

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“It is incredibly important for large corporations to not only make verbal promises to ignite change but also actively make financial commitments that will help build a more equitable future.”

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This investment is part of the credit card company’s $500 million commitment to support Black communities and help close the racial wealth and opportunity gap over the next five years. With the new funding, as well as additional investments from PayPal, Bank of America and Costco, Fearless Fund will expand its existing portfolio of women of color founded and cofounded companies in the consumer packaged goods, food and beverage, beauty, fashion and technology sectors. The investment firm30 Under 30 Manufacturing and Industry honoree Nailah Ellis-Brown

 

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