Weekly Refresh: Loud Capital Launched $50M Fund, City’s Free WiFi, and More

June 29, 2020
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Chicago to connect 100K CPS students to free internet for four years. Chicago Connected marks the first time the city has provided free internet access to students in need. It’s supported by Chicagoans like the Obamas, the Crown Family Philanthropies and more. [Built In Chicago]

Loud Capital launched $50M fund. The Loud Dividend Growth Fund will include venture debt, life settlements and early stage equity investments. It plans to provide investors with year-over-year payouts. [Built In Chicago]

How Jackbox became a party game phenomenon. For these virtual games, each player’s phone acts as a controller, with shared information displayed on a screen. The pandemic has meant an uptick in this kind of social gaming. [Built In Chicago]

1871, BMO Bank announced WMN-FINtech’s inaugural class. The accelerator focuses on growing women-led startups in fintech. The five startups in the 13-week program will receive coaching and will get the opportunity to pitch venture capital investors. [Built In Chicago]

A.M. Money helps students get approved for college loans. Founded in 2017, it uses unconventional standards to determine if a student qualifies for a loan. It doesn’t require students to have cosigners or a long credit history. [ChicagoInno]

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