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The Credit Decision – Who Decides? Realizing the promise of inclusive capital.

James Yagley May 13, 2021

The power dynamics of money threaten our hopes for racial equity.  If entrepreneurship is to be a path for wealth building, we need to re-think small business credit: the How’s and Why’s of credit decisions, and most importantly, the Who’s.

We live in an age of abundance, yet at the same time the unmet demand for small business finance is $100 billion, particularly among businesses owned by persons of color, women-owned, and the smallest of small businesses.   Can this dichotomy be solved by innovations in data, machine learning and AI?  What are the dangers that new technology will lock-in systemic inequality even further?

Join James Yagley, Founder and CEO of Fafnir Lab, a community development fintech, and Dr. Garrett Menning, Founder of Black Pearl Consulting and Research, an international development consulting firm, to discuss how our thinking about money frames the systems and tools that underlie our modern credit systems.


Fireside Chat

Meta Themes

  • Equity & Inclusion

  • Impact Investing

  • Social Entrepreneurship

  • Sustainable Development

  • Stakeholder Economics & Leadership


Entrepreneurship; Small Business; The Future of Money; Racial Wealth Gap; Artificial Intelligence; Disruptive Innovation

Purpose and Desired Outcome

This fireside chat will encourage new thinking about our current financial system and how to bring about the changes we want to see. We hope to have an open conversation with participants and spur new partnerships and collaborations to support financial services innovation in the US.


  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Asset Managers

  • Intermediaries (Financial Advisers, Investment Bankers)

  • Corporate & SME

  • Entrepreneurs

  • Service Providers


  • NameJames Yagley
  • TitleFounder and CEO
  • OrganizationFafnir Lab
  • StatusConfirmed
  • NameGarrett Menning
  • TitlePresident
  • OrganizationBlack Pearl Consulting & Research
  • StatusConfirmed
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