Increasing Access to Capital to Help Close the Racial Wealth Gap

Closing the racial wealth gap remains one of the most pressing and persistent challenges of our time. Communities of color lack access to the capital needed to create financial stability and build wealth. We believe we have a unique opportunity and responsibility to do our part by increasing access to capital.

PayPal’s Economic Opportunity Fund is a $500 million commitment to support and strengthen Black and underserved businesses and communities over the long term, helping to drive financial health, access and generational wealth creation. We allocated part of this funding to investing in 19 Black and Latino-led venture capital funds. Our Economic Opportunity Fund Manager, Lisha Bell, works hand-in-hand with these fund managers to support their growth.

Fund Investments

  • Aperture VC
  • Blockchain Capital
  • Bright Ventures
  • Chingona Ventures
  • Collab Capital
  • Fearless Fund
  • Harlem Capital
  • Interlace Ventures
  • Kapor Capital
  • Latitude Ventures
  • MaC Venture Capital
  • Noemis Ventures
  • Precursor Ventures
  • Roble Ventures
  • Seae Ventures
  • Slauson & Co
  • SV Latam Capital
  • Vamos Ventures
  • Zeal Capital Partners