SAN JOSE, Calif., Sept. 30, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the winners of its inaugural Maggie Lena Walker Award. Named in honor of the first Black woman to charter a bank and serve as its president in the U.S., the award seeks to celebrate the achievements of women from underrepresented groups in the U.S. who are economically empowering those in their community and creating a more inclusive world. The award was established and announced in March of this year.
"Maggie Lena Walker was a tireless advocate and pioneering entrepreneur who broke down barriers and expanded access for the Black community at a time when Black people were denied opportunity for wealth creation," said Dan Schulman, president and CEO, PayPal. "We are proud to honor her significant contributions and recognize these four women who are carrying Walker's legacy forward in their work to economically empower underserved communities."
The award winners were chosen by a Selection Committee whose members included senior leaders from PayPal and president and CEO Dan Schulman. External committee members included Liza Mickens, Walker's great-great-granddaughter and co-founder of Vote Equality, Ellen McGirt, senior editor, Fortune Magazine and Rodney Adkins, PayPal board member and former IBM executive.
2021 PayPal Maggie Lena Walker Award Winners
Award winners will receive a cash award of up to $50,000 and access to resources and mentorship from the PayPal community to further their impact and vision.
Emerging Leader Award:
You can learn more about each of the winners and their work on the PayPal Newsroom.
"Maggie Lena Walker was a pioneer, a champion and an incredible Black founder," said Finney, PayPal Maggie Lena Walker Achievement Award Winner. "Her story is one that Black entrepreneurs and all of society should know – one of perseverance, strength and unwavering determination to challenge the status quo. Thank you to PayPal for this honor, and thank you to all my fellow Black investors, founders and women entrepreneurs for working to build your damn thing, tear down obstacles and open doors for those who follow in our footsteps."
2021 PayPal Maggie Lena Walker Award Finalists
The Selection Committee has also named ten award finalists to recognize their extraordinary work.
Emerging Leader Award
This commitment builds on the previous actions PayPal has taken to advance its mission of creating a more inclusive economy, in which everyone has the opportunity to participate and thrive. Last year, PayPal pledged $535 million to address economic inequality among Black and underserved businesses and communities in the United States. In June 2021, PayPal committed $100 million to advance financial inclusion and economic empowerment of women and girls.
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.
SOURCE PayPal Holdings, Inc.
Meet the Winners of PayPal’s Maggie Lena Walker Award
September 30, 2021
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