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Vault selected for BBVA momentum for greater social impact

Ryan Gardner | June 13, 2017 Press Releases

We are excited to announce that Student Loan Genius has joined 20 social impact companies who help tackle large-scale social issues as a part of inaugural U.S. class of BBVA Momentum.

“Acknowledged for contribution and impact in helping solve America’s $1.3 trillion student loan problem, our new partnership with BBVA and our cohort participants helps us share and benefit from industry-leading impact strategies from across the world,” said Jovan Hackley, Head of Advocacy & Engagement for Student Loan Genius.”

The U.S. BBVA Momentum is supported by leading finance and technology partners across the world include the Financial Times, Spain’s IE Business School, and Texas Executive Education at University of Texas-Austin’s McCombs School of Business. In addition to Student Loan Genius, other cohort participants are helping to address major social and financial wellness hurdles including college and career readiness, impacting food deserts through social enterprise, and increasing college completion through virtual engagement.

Outside of the U.S., BBVA Momentum has previously driven the expansion of 114 companies with high social impact in Spain, Mexico, and Peru.

“We saw a lot of passion and innovative approaches to some of our most stubborn issues — issues that are undermining vulnerable populations, the environment or financial well-being, among other things,” said BBVA Compass Director of Corporate Responsibility & Reputation Reymundo Ocañas, who served as one of the judges. “We scrutinized the organizations to determine which ones had the most sustainable business models and the highest social impact. The goal of BBVA Momentum is to help them scale up so they can change even more lives.”

To learn more about BBVA’s Momentum program and other cohort participants, visit https://www.momentum.bbva.com/en/.