- Square, the mobile payment company cofounded and led by Jack Dorsey, announced Thursday a $100 million investment to address racial inequality in the financial world.
- The company will commit $25 million to four areas including The Black Economic Development Fund, which funds Black-led financial institutions and businesses.
- The news follows Dorsey’s August donation of $10 million to Boston University’s Center for Antiracist Research.
- Other companies like Mastercard, Citi, and Costco have recently pledged millions to address racial inequality in the US.
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Financial services and mobile payment company Square announced on Thursday its plan