Author: Kaytlyn Lozano (Kaytlyn Lozano)

The New York Times: The 2019 Good Tech Awards
Perspectives

The New York Times: The 2019 Good Tech Awards

Jimmy Chen and the team at our portfolio company Propel have received The New York Times 2019 Good Tech Award for the FreshEBT app that helps low-income users manage their food stamps and other benefits. Journalist Kevin Roose explains how “the tech industry’s very public shortfalls make celebrating its quieter successes even more important.” Read more...

Medium: Welcoming Our New Group CFO, Ian Cleverly To Paga
Perspectives

Medium: Welcoming Our New Group CFO, Ian Cleverly To Paga

Portfolio company Paga uses mobile channels, plus an agent network, to simplify and expand access to financial services. Read more on how Ian Cleverly’s 20 years of industry experience will help the company become a leader in mobile payments across emerging markets. Read more on Medium. 

YourStory: Indian FinTech Kaleidofin raises 360 million rupees ($5.1 million) in Series A round
Perspectives

YourStory: Indian FinTech Kaleidofin raises 360 million rupees ($5.1 million) in Series A round

Kaleidofin Private Limited, India’s first neobank for the informal sector customer, has closed an INR 360 million Series A round. In discussing Flourish’s renewed support, investment director Anuradha Ramachandran stated, “We are excited to continue to support Kaleidofin on their journey to helping Indians build economic resiliency and achieve financial health.” Read more in YourStory...

The Times of India: Toffee Insurance raises $5.5 million in Series A
Perspectives

The Times of India: Toffee Insurance raises $5.5 million in Series A

Learn more about the new round of funding announced by our insurtech portfolio company Toffee. Using AI and machine learning, Toffee is helping people in India to build safety-nets and manage risk through bite-size insurance policies. The Times of India has more on our follow-on investment and plans ahead for the startup.

PR Newswire: albo strengthens its position as the leading challenger bank in Mexico through a historic $19M funding round
Perspectives

PR Newswire: albo strengthens its position as the leading challenger bank in Mexico through a historic $19M funding round

Our portfolio company, albo, the leading challenger bank in Mexico, closed an extension of its Series A funding round for $19M million, adding up the Series A round in a total of $26M. CEO Ángel Sahagún explained the company will allocate this capital to three strategic initiatives: the expansion of its products, concrete growth plans, and the best available...

TechCrunch: Albo raises $19M Series A to scale Mexico’s largest neobank
Perspectives

TechCrunch: Albo raises $19M Series A to scale Mexico’s largest neobank

TechCrunch covers our portfolio company Albo’s latest fundraising round. The Mexican challenger bank has secured a $19 million extension to its Series A financing. Albo’s Angel Sahagun says it owns the market share in Mexico with 200,000 monthly active customers who are spending and making transactions in its platform. Read more on TechCrunch. 

TechCabal: Financial Service Innovators launches first Nigerian Industry Innovation Sandbox with backing from Flourish, EFInA, NIBSS, and CBN
Perspectives

TechCabal: Financial Service Innovators launches first Nigerian Industry Innovation Sandbox with backing from Flourish, EFInA, NIBSS, and CBN

With support of Flourish, the Financial Services Innovators (FSI), a community of Fintech enthusiasts passionate about driving innovation in the financial services industry, announced the launch of the Nigerian Industry Innovation Sandbox, at the sidelines of EFInA’s Financial Inclusion Conference in Lagos. Read more on the press release. 

American Banker: BankThink Libra: The opening act of a modern regulatory drama
Perspectives

American Banker: BankThink Libra: The opening act of a modern regulatory drama

Our director of policy and ecosystem engagement Kabir Kumar published a piece in American Banker about how Libra ignited broad questions for regulators everywhere. He stated his “vision of a world where new technologies empower people in their daily lives and are anchored in a foundation of fairness, security and transparency.”  Read more on American...

Accelerating Fintech Innovation in Nigeria
Perspectives

Accelerating Fintech Innovation in Nigeria

Why We Invested in the Financial Service Innovators Association (FSI) By Ameya Upadhyay and David Madden Fintech is booming in Africa right now. In 2018, a third of all venture capital invested in Africa went to fintech and, last month alone, $360 million was invested just in Nigerian payment-focused ventures. This is not surprising. Even...

  • 1
  • 2