Category: News

Forbes: The Forbes Fintech 50- The Most Innovative Fintech Companies In 2020
Perspectives

Forbes: The Forbes Fintech 50- The Most Innovative Fintech Companies In 2020

We’re proud to see our portfolio companies, Chime and Propel, recognized on the 2020 Forbes Fintech 50: Most Innovative Fintech Companies. Challenger bank Chime gained recognition for its growing valuation — rising from $1.3 billion to $5.8 billion in value over nine months. While, Propel was recognized for its mobile app Fresh EBT, enabling two...

Strategy Manager, Stella Klemperer, speaking at the Columbia Digital Finance Summit
Perspectives

Strategy Manager, Stella Klemperer, speaking at the Columbia Digital Finance Summit

We’re thrilled to accompany leading experts and regulators at the seventh annual Columbia Digital Finance Summit. On February 7th at 4:10pm, join our very own Stella Klemperer to discuss the role of digital financial services and blockchain technologies to advance financial inclusion globally. Stella will be accompanied by panelists Evelyn Stark at the MetLife Foundation,...

LiveMint: Why India’s women VCs get a raw deal
Perspectives

LiveMint: Why India’s women VCs get a raw deal

Prejudice against women investors remains prevalent in a male-dominating investing world. Is change coming? Director Anuradha Ramachandra spoke with LiveMint on how VC firms need to hire more women and make space for women entrepreneurs to build their businesses. Read more in LiveMint.

Forbes: In The Race To Own Retail Finance, The Winners Should Be Consumers
Perspectives

Forbes: In The Race To Own Retail Finance, The Winners Should Be Consumers

In his latest contribution to the Forbes Finance Council, Managing Partner Tilman Ehrbeck shares his perspective on the rise of TechFin and retail finance, and what that means for consumer protection. New investments and product releases from Apple, Facebook, and others will inevitably lead to renewed competition and innovation. And while this surge of TechFin...

TechCircle: Tilman Ehrbeck on why India is a key market for Omidyar Network-backed Flourish Ventures
Perspectives

TechCircle: Tilman Ehrbeck on why India is a key market for Omidyar Network-backed Flourish Ventures

In an interview with TechCircle, Managing Partner Tilman Ehrbeck shares insights from our rapidly expanding portfolio in the Indian fintech market. Tilman explains in the interview how our investment team is using the Fair Finance Principles to inform strategy and improve the financial system for more and different users. Read more on TechCircle.

Livemint: Flourish Ventures may fund Indian firms in embedded finance, neo-banks this year
Perspectives

Livemint: Flourish Ventures may fund Indian firms in embedded finance, neo-banks this year

Managing Partner Tilman Ehrbeck sat down with Livemint to discuss our growing focus on fintech investments in India. In 2019, Flourish invested in two new start-ups (neobank Yelo and Shubhloans, a digital lending startup) in India and made follow-on investments in fintech startups ZestMoney, Indifi, Kaleidofin, and also in Toffee, an online insurance platform. These...

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...