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  • November 16, 2018

 

Mighty helps Chicagoans place $3.5 million in virtual bank deposits as part of Chicago Ideas Week (and other news). November 16, 2018.

The audience for our business has grown over the past year, from our presenting at Delta Institute’s BOOST competition (pictures here and here), to finishing as a finalist in the Chicago Booth Social New Venture Challenge (pictured below), to completing the Village Capital + UBS Pathways program, to advancing our technology platform to deliver impact reporting to more than 10,000 of our client banks’ customers who are reading and clicking-through these reports at rates up to 3x what our client banks have historically seen in their digital marketing.  

 Sophia Wagner (foreground), Lead Product Analyst at Mighty, presents at the University of Chicago Booth School of Business.

Sophia Wagner (foreground), Lead Product Analyst at Mighty, presents at the University of Chicago Booth School of Business.

 

As we’ve been working with banks to build their brands of impact, we’ve seen and continue to track new audiences reaching out to and becoming customers of these banks. This work was mentioned in EuroMoney and a feature in Next City about our lab with Chicago Ideas Week to help Chicagoans place $3.5 million in virtual bank deposits is recapped here.

 Chicago Ideas Week lab panelists, pictured from left to right: Daniel Ramirez-Raftree, Consultant at Acceleration Group; Jefferey Beckham, Founder at Black Box Creative; Megan Hryndza, Founder & CEO at Mighty; Eliot Abrams, PhD Candidate in Economics at the University of Chicago Booth School of Business; Jabari Porter, Chief Investment Officer at the City of Chicago Treasurer Office; Sophia Wagner, Lead Product Analyst at Mighty.

Chicago Ideas Week lab panelists, pictured from left to right: Daniel Ramirez-Raftree, Consultant at Acceleration Group; Jefferey Beckham, Founder at Black Box Creative; Megan Hryndza, Founder & CEO at Mighty; Eliot Abrams, PhD Candidate in Economics at the University of Chicago Booth School of Business; Jabari Porter, Chief Investment Officer at the City of Chicago Treasurer Office; Sophia Wagner, Lead Product Analyst at Mighty.

 

As research advances about depositor activism making a real difference, we look forward to building value for community-investing banks and the communities they serve in 2019. We shared these plans at a recent CDBA roundtable in Chicago. Interested to join our growing roster of client banks? Reply to this email or get in touch via our website.