News Archive | Page 10 of 23 | Flourish Ventures

CFPB should write a data sharing rule that can evolve with the market

Originally posted on American Banker By David Silberman, Corey Stone The Consumer Financial Protection Bureau’s recent Regulatory Agenda indicates that the bureau plans to commence a rulemaking in November to implement the data sharing provision in Section 1033 of the Dodd-Frank Act. For that rulemaking to enable consumers to...

[Paris Fintech Forum Communities] Interview of Emmalyn Shaw, Managing Partner at Flourish Ventures

Originally posted on Paris Fintech Forum Communities Discover each week a new episode of our exclusive Interview Video Series where top leaders of the Fintech / Insurtech / Banking international scene speak about their vision of the future of finance. In today’s episode our host Elliott Gotkine receives Emmalyn Shaw,...

[Forbes] An Unequal Burden: Measuring Financial Worry In Developing Countries During The Pandemic

Originally posted on Forbes What does financial worry mean for people globally? The answer depends on objective factors such as how much you earn along with subjective perceptions about what constitutes a financially secure life in a particular society. So, it may be correct to assume that people struggling to...

[Outlook India] M2P Fintech Acquires Syntizen, Its Third Acquisition This Year

Originally posted on Outlook India Financial infrastructure provider M2P Fintech acquired Syntizen, an identity verification service provider. As part of the deal, Syntizen’s Co-Founder and CEO, Vamsi Kotte, will take up a senior product leadership role at M2P. This development follows the start-up’s recent acquisitions of Bengaluru-based cloud lending platform,...

[Business Insider] Meet 26 rising-star fintech VCs excited about what’s next in the sector

Sarah Morgenstern, a principal at Flourish Ventures. How did you get into fintech investing? I moved to China for a couple of years and saw that exposure to financial inclusion in that context, seeing the power of financial services and the role and the contribution it can make in both...

Top 30 Open Indian Banking Influencers 2022 [Digital Fifth]

Open Banking in India has seen significant traction over the past two years. It received approximately USD 1.5 B across 2021 and 2022 till date (source: The Digital Fifth Analysis.) The Industry is driven by individuals who have contributed their knowledge and expertise to enrich the Open Banking and Digital...

Indonesian fintech firm banks $15m, promotes ex-Gojek exec to CEO

Mapan, an Indonesia-based fintech firm, has raised US$15 million in a series A raise co-led by Patamar Capital and PT Astra Digital Internasional, with 500 Global participating. Ardelia Apti, a former Gojek executive who serves as Mapan’s chief commercial officer, was also appointed as the startup’s new CEO. Founded in...

Mapan Core Tea

[TechCrunch] Mapan’s services helps low-income Indonesians users afford goods and services

Originally posted on TechCrunch By Catherine Shu Photo Caption: Mapan’s team, with CEO Ardelia Apti in the front. In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan digitized that concept and turned it into a service where...

Woman in Sari using cell phone

[Nikkei Asia] Bangladesh tech startup ShopUp nets $65m in new funding

Originally posted on Nikkei Asia By Mars W. Mosqueda Jr. Photo caption: Bangladesh is one of the most fragmented retail markets in Asia, relying on neighborhood shops across the country that ShopUp wants to get online. (Photo courtesy of ShopUp) CEBU, Philippines -- Bangladesh-based business-to-business commerce startup ShopUp has raised $65 million in a...

Qoala

[The Sun Daily] Qoala aims to be top insurance intermediary in Malaysia

Originally posted on The Sun Daily By Gloria Harry Beatty Photo Caption: Teng says Qoala ventured into Malaysia, its first expansion destination outside Indonesia, as it is an advanced market and there is an opportunity to grow an online business model here. – HAFIZ SOHAIMI/THESUN KUALA LUMPUR: Qoala, through its Malaysian...

Person with cash in hand

[Business Standard] Mobile-based PoS app QueueBuster raises Rs 63.3 cr in series A round

Originally posted on Business Standard QueueBuster, a mobile-based POS application, has raised Rs 63.3 crore (about $8.16 million) in a Series A round led by Chiratae Ventures, Omidyar Network India and Flourish Ventures. DMI Alternative Investment Fund (the Sparkle Fund) and Unaprime Investment Advisors (an exclusive banker to QueueBuster) also...

Mobile phone

[The Standard] Accelerating financial inclusion through the use of embedded finance

Originally posted on The Standard Embedded finance demonstrates an opportunity for fintechs, banks and lenders to create more tools and resources for those that may not have access to traditional banking. Until a few years ago, getting a loan from a bank was quite an arduous task. The banking and...