Press release
PayPal Announces Inaugural Winners and Finalists of the Maggie Lena Walker Award
Award honors Maggie Lena Walker, the first Black woman to charter and lead a bank in the U.S. Award recognizes women who are advancing Walker's work and
About this update from Paypal Holdings, Inc.
[{"type":"text","content":"Award honors Maggie Lena Walker, the first Black woman to charter and lead a bank in the U.S.\n Award recognizes women who are advancing Walker's work and legacy by economically empowering underserved communities\n\n\nSAN JOSE, Calif., Sept. 30, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the winners of its inaugural Maggie Lena Walker Award. Named in honor of the first Black woman to charter a bank and serve as its president in the U.S., the award seeks to celebrate the achievements of women from underrepresented groups in the U.S. who are economically empowering those in their community and creating a more inclusive world. The award was established and announced in March of this year.\n\n \n \n \n \n \n \n\n \n\"Maggie Lena Walker was a tireless advocate and pioneering entrepreneur who broke down barriers and expanded access for the Black community at a time when Black people were denied opportunity for wealth creation,\" said Dan Schulman, president and CEO, PayPal. \"We are proud to honor her significant contributions and recognize these four women who are carrying Walker's legacy forward in their work to economically empower underserved communities.\"\nThe award winners were chosen by a Selection Committee whose members included senior leaders from PayPal and president and CEO Dan Schulman. External committee members included Liza Mickens, Walker's great-great-granddaughter and co-founder of Vote Equality, Ellen McGirt, senior editor, Fortune Magazine and Rodney Adkins, PayPal board member and former IBM executive.\n2021 PayPal Maggie Lena Walker Award Winners Award winners will receive a cash award of up to $50,000 and access to resources and mentorship from the PayPal community to further their impact and vision. \nAchievement Award \nKathryn Finney, founder and CEO, Genius Guild; general partner, The Greenhouse Fund: Finney has dedicated her career to investing in Black women-owned startups and empowering entrepreneurs who are breaking the glass ceiling and claiming their spot in industries that have historically excluded them. Through Genius Guild, a business creation platform that invests in Black entrepreneurs, and Greenhouse Fund, a pre-seed venture fund that invests in market-based innovations that end racism, she is rethinking and rebuilding how capital flows and is accessed in Black c...