Creating economic opportunity for all
Financial health and security are essential to ensuring that everyone can live their lives with dignity and respect, and can pursue a better future for their families and communities. PayPal is equipped to make a distinctive difference in advancing racial equity through economic opportunity.
In June 2020, we announced a $535 million commitment to support Black and underserved communities and businesses, as well as invest in diversity and inclusion at PayPal. Since then, we’ve allocated 100% of that funding and are already seeing meaningful results.
As a continuation of our efforts to advance racial equity, we launched the Southern Communities Initiative, in partnership with Vista Equity and Boston Consulting Group, to coordinate and accelerate racial equity funding, programming, and convening organizations in six southern communities that are home to approximately 50% of the Black population in the U.S.
Learn more