Channelled US investments into companies that were creating a positive social impact.By eBay Inc.
MicroPlace was a social investment brokerage platform set up by eBay Inc. It sought to channel US investments into companies creating a positive social impact – organisations that are ethical, environmental or advance social justice, but that also offer a financial return. The site directed $58 million of investments from 2007 until it ceased sales in January 2014, when eBay chose to reallocate resource to seek a model for social impact that would scale faster.
Last updated: 09th of May, 2014