In an increasing trend where African technology companies are finding a global audience, Nigerian digital SME lending platform Lidya has expanded to Poland and the Czech Republic.
Financial Health Network's Jennifer Tescher shares how venture capitalists and tech founders are beginning to realize that being able to make money may be a more important indicator of success than stratospheric growth.
In their latest "Visionaries" series piece, The Times shines the spotlight on Thomas Njeru. He is the proud co-founder of Pula, a microinsurance firm based in Kenya that covers small farms across Africa.
"Before the A" is a show dedicated to telling the stories of fintech founders who’s startups are seeking their “A round” of financing.
Data from the Financial Health Network's Financial Health Pulse suggests that making financial health a cornerstone of their business could be an opportunity for banks to re-engage with millennials and drive loyalty.
Laurin Hainy, CEO of FairMoney revealed that the company’s vision is to create a holistic financial platform that can cater to underserved customers in emerging markets.
The Series A round was led by Flourish, DST Global partners and existing partners Newfund, Speedinvest and Le Studio VC.
FairMoney, a Paris-based fintech startup that that uses alternative smartphone data to underwrite microcredit in Nigeria, has raised EUR10 million with the aim of creating a fully-fledged mobile banking service.
Flourish portfolio company Aspiration to offer debit-card users cash rewards of 3% to 5%. Retailers in the program include Warby Parker, Brandless.
Flourish, a venture of The Omidyar Group, led the Series A investment round alongside existing investors.