With high smartphone penetration, a surge in digital adoption accelerated by the pandemic, and a population still largely unbanked, Southeast Asia is uniquely positioned to forge a 21st Century financial sector built on the strength of fintech and embedded finance. About 70% of Southeast Asian consumers are unbanked or underbanked, but mobile penetration is nearly...
When fintech insiders talk about embedded finance, we often focus on companies offering financial products on platforms and or other services. It’s easy to miss just how much work goes on behind the scenes, to make those features possible. And yet, one of the fastest-growing, most innovative sectors in fintech is banking-as-as-service (BaaS) or API-based...
![Jetty raises $23M to help give renters more payment flexibility [TechCrunch]](https://flourishventures.com/wp-content/uploads/2021/09/GettyImages-1048402108-300x300.jpeg "Jetty raises $23M to help give renters more payment flexibility [TechCrunch]")
Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures.
By Emmalyn Shaw and Sarah Morgenstern After several months of keeping our excitement under wraps, we can finally share about our investment in Jetty, which was announced this morning in combination with its new product Jetty Rent. Today’s news has several implications that we will explain further, but the key takeaway is that Jetty has...
![Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding [TechCrunch]](https://flourishventures.com/wp-content/uploads/2021/09/Shopup_TechCrunch-300x300.jpeg "Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding [TechCrunch]")
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market.
By Anuradha Ramachandran and Harsh Gupta Embedded Finance Platform Apnaklub Digitally Connects India’s Retailers, and Kiranas to Consumer Goods and Wholesale Partners India’s unwieldy consumer goods supply chain poses significant challenges for local grocery retailers and their consumers. The nation’s 12 million kirana stores – small, independent retailers that are often family-owned – provide a critical service in...
By: Tilman Ehrbeck For those of us who work toward economic inclusion in emerging markets, the year and a half since the outbreak of the COVID-19 pandemic has validated one key element of our approach: The value of emphasizing digital innovation in service delivery and infrastructure has never been clearer. From the outset, the pandemic...
Apnaklub offers a wholesale platform that empowers people to set up their own retail and sales businesses by providing better-than-industry margins on 200+ brands and dedicated delivery services throughout India.
Brimore is an end-to-end distribution platform where manufacturers can list their products. An interconnected network of women, housewives and employees then sell and distribute those products in their local circles, either through creating individual points of sale, or by managing local trade shops in their neighborhoods.
Jetty is a financial services company on a mission to make renting a home more affordable and flexible, while helping property managers increase lease conversions, improve resident retention, reduce bad debt, and boost NOI.
