Mastercard Center for Inclusive Growth

New insights from the Center's partnership with Common Cents Lab point to a massive opportunity for digital platforms in Latin America and around the world to play a key role in supporting the financial resilience of independent workers and entrepreneurs. Learn more in this piece from the Center's Luz Gomez, Common Cents Labs' Mariel Beasley Stefany Bello, and Mastercard's Stefany Bello.

“The key to driving inclusive growth starts with recognizing and valuing the trust local organizations have established with communities, and then building on that foundation to help them succeed and grow.” This sentiment expressed by Patrick Davis of Community Reinvestment Fund, USA summed up the cross-cutting theme of the second Mastercard #StriveUSA Summit in #WashingtonDC on April 17th: At a time of rapid technology innovation and unparalleled federal investments in small businesses — no one organization or even sector can enact change alone. Discover more about the critical role local organizations can play in leveraging the billions of dollars in federal investments in communities and small businesses here: https://bit.ly/4dnkXic #InclusiveGrowth #FinancialInclusion #SmallBusiness

Today, we are excited to announce that Payal Dalal will become the Center's first Executive Vice President for Global Programs. For ten years, we have been on a journey to create a private sector engine of #inclusivegrowth that leverages the assets of Mastercard in service of people and planet. When we bring our technology, data, capital and expertise together with public and private sector partners, we unlock positive change at scale. As the new EVP for Global Programs, Payal will be responsible for driving and scaling the Center's programmatic priorities around the world.     Payal has been with the Center for six years, most recently as the Senior Vice President for Social Impact, International Markets. She has been instrumental in developing the Center’s program strategy, designing signature initiatives like Mastercard Strive (Strive Community) and launching the Mastercard Impact Fund. Previously, she was Head of Global Community Programs for Standard Chartered Bank and served in leadership roles across several social sector organizations. Payal received her undergraduate degree from Stanford University and an MBA/MPA from New York University.    As we begin our next decade of work, we look forward to working with Payal and the rest of the team to build a path to shared prosperity through partnerships across industries and sectors. Congrats Payal! #socialimpact #financialinclusion  

There were so many great nuggets of wisdom at the Global Inclusive Growth Summit! What were some of your favorites? Here's one of ours from Melinda French Gates, co-chair of the Bill & Melinda Gates Foundation and global advocate for women and girls. Did you miss out on the Summit? Watch on demand here: https://lnkd.in/ey4VNQtF #GlobalIGS #InclusiveGrowth

Join the #InclusiveGrowth movement. Cross-collaboration among public, private and civic sectors is the key to addressing many of the world's issues. Watch the Global Inclusive Growth Summit on demand to get inspired: https://lnkd.in/eFTnZnHY #GlobalIGS

It's been one week since cross-sector leaders came together in Washington, D.C. to discuss tangible solutions to some of the world's most pressing challenges. #ICYMI we have the whole Global Inclusive Growth Summit available on demand! Check it out here: https://lnkd.in/eFTnZnHY #GlobalIGS #InclusiveGrowth

This time last week we brought Mastercard Strive (Strive Community), our small business empowerment program, to the Global Inclusive Growth Summit to celebrate SMEs’ contribution to economic growth. We thank to our wonderful vendors, including our local small business suppliers: Spice Suite, Herpothecary, Popcorn Queens, and our friends at Studio Theater in Washington, D.C. We wouldn’t have had such a great time without you! Watch all sessions on YouTube: https://lnkd.in/eWnZgRz5 #GlobalIGS #InclusiveGrowth

It was our pleasure to welcome Elton John to the Global Inclusive Growth Summit last week. We echo his call for love and compassion for one another as we strive for #InclusiveGrowth Watch the full conversation here: https://lnkd.in/dFBBDcEi #GlobalIGS

I am excited to share an update on the progress of our Environmental, Social and Governance (ESG) goals, reported on today in our 2023 ESG Report. At Mastercard, we are committed to doing well by doing good; and the report details our efforts to power economies and empower people.      As part of our global efforts around #financialinclusion, we want to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025, including a direct focus on providing 25 million women entrepreneurs with solutions to grow their businesses. As of 2023, we have:    -- Brought 870M people into digital economy since 2015   -- Brought 48M small businesses into digital economy since 2020   -- Supported37 million women entrepreneurs     Every day, our 33,000+ employees around the world create meaningful impact, from opening new markets to creating revenue opportunities – and do it with honesty, transparency and safety. The rate at which we are progressing, achieving and exceeding our ambitious goals is a testament to those efforts, and our ethos that we can do well by doing good.     That’s why I am so excited to celebrate a Decade of Impact with the Mastercard Center for Inclusive Growth as well as our #Girls4Tech program at this year’s Global Inclusive Growth Summit (#GlobalIGS) on April 18th.     Read more about our progress in our ESG report here - https://lnkd.in/eVz9sjbm - and join us virtually at the Summit by registering here: https://lnkd.in/e-3ZSPGg    #WeAreMastercard #inclusivegrowth #socialimpact

At the Global Inclusive Growth Summit, we convened smart people with smart ideas to put theory into practice, sparking a revolution in #InclusiveGrowth Read insights from CEOs and government ministers, university presidents and United Nations officials, philanthropists and development bank leaders, data scientists, renowned athletes and faith-based changemakers from #GlobalIGS: https://lnkd.in/ewtpzJUf