PayPal

PayPal

PayPal has created a $500 million fund to support black and minority businesses by strengthening ties with community banks and credit unions serving underrepresented communities as well as investing directly in black- and other minority-led start-ups. Another $10 million was set aside for grants to assist black-owned businesses affected by Covid-19, with an extra $5 million to fund program grants and employee matching gifts for nonprofits working with black business owners. PayPal also pledged to put $15 million into efforts to create more robust internal diversity and inclusion programs.
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CONTRIBUTIONS
Jan 1970
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$530,000,000