Canva Founders Bet $150 Million on Ending Poverty in Malawi
Canva founders Melanie Perkins and Cliff Obrecht have committed $150 million to a direct cash transfer program in Malawi. The initiative gives money straight to the poorest households, no conditions attached. It stands as the largest unconditional cash transfer program ever run in a low-income country. The Canva co-founders launched the program in 2021 alongside…