News Archive | Page 11 of 22 | Flourish Ventures

Congratulations to New Flourish Team Members, February 2022

Global Venture Capital Firm Flourish Expands Team and Regional Efforts

New Hires Support Fintech Entrepreneurs in SE Asia, Brazil, India, and U.S. Today, we're thrilled to announced that Flourish is expanding its global investment team with four new hires and building its local presence in Singapore and Sao Paulo, Brazil. With an investment portfolio numbering 70 fintech companies that offer financial services and products to...

Brick Layer

[TechCrunch] Brick closes $8.5M seed to enable open finance across Southeast Asia

Originally posted on TechCrunch By Catherine Shu Image Credits: LUVLIMAGE / Getty Images Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness...

Block and Coin

[Fast Company] I'm an advocate for inclusive capitalism. Here's why I'm intrigued by Web3

Originally posted on Fast Company Image credit: Rawpixel From Crypto, NFTs and Web3, the tech world is brimming with enthusiasm for new technologies that will take center stage in the “metaverse.” Banks are starting to get into the digital currency game while policymakers contemplate new regulations. Enthusiasts envision a utopian...

Laptop and Mobile Phone

[American Banker] Consumer Reports will give financial apps same scrutiny it gives appliances

Originally posted on American Banker By Mariam Cross Consumer Reports is preparing to test consumer finance apps with the same rigor it applies to its evaluations of washing machines and mattresses. In September, the nonprofit announced that it had received a $1.5 million grant from Flourish Ventures, a venture capital...

Elephant in India

[Crowdfund Insider] Indian Neobank Fintech Kaleidofin Finalizes $10M Series B Round led by Dell Foundation

Originally posted on Crowdfund Insider India’s neobank Fintech Kaleidofin has acquired $10 million in capital via a Series B round that was led by the Michael & Susan Dell Foundation. The capital injection has now taken the total funding secured by Kaleidofin to $18 million. Existing institutional investors, Oiko Credit,...

Emmalyn Shaw

[PYMNTS] For FinTechs, Outcomes ‘The One Thing' to Focus on in 2022

Originally posted on Pymnts.com Watch the Video Many people are in a better financial position than before the pandemic. At least by some metrics. They’ve paid down debt. Perhaps they’ve padded their savings cushions with funding from the waves of stimulus payments. And yet the pressures of daily life remain....

2022 in Lightbulbs

[Forbes] Top Ten 2022 Fintech Predictions

Originally posted on Forbes By Alex Lazarow Image Credit: Getty 2021 was a transformative year for fintech. What felt like a corner of the technology industry a decade ago, is today the largest funded category globally: fintech received over $130b in capital representing 20% of all capital invested in 2021....

[Future Startup] ShopUp Extends Series B Funding Round with $34 Million from Tiger Global and Others

Originally posted on Future Startup ShopUp, the Dhaka-based full-stack B2B commerce startup digitizing neighborhood shops with an ecosystem of solutions from marketplace to logistics to capital, has closed a $34-million Series B extension round led by Tiger Global Management. The extension takes ShopUp’s total series B investment to $109 million....

[Pulse 2.0] Cross-Border Financial Platform Company Taptap Send Secures $65 Million In Series B

Originally posted on Pulse 2.0 Taptap Send — a community-focused cross-border financial platform — recently announced a $65 million Series B funding round. These are the details. Taptap Send — a community-focused cross-border financial platform — recently announced a $65 million Series B funding round led by Spark Capital with...

Globe

[TechCrunch] Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

Originally posted on TechCrunch By Ingrid Lunden Image Credits: Angela Bax / EyeEm / Getty Images Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global...

Fair Money

[Technext] FairMoney Microfinance Bank Aims to Drive Financial Inclusion in Nigeria

Photo: L – R Kingsley Ishiguzo; Head of Operations, FairMoney MFB; Nengi Akinola; Head, Marketing & Branding, FairMoney MFB; David Nwosu, Head, Retail Banking, FairMoneyMFB and Henry Obiekea, VP, Capital markets, FairMoney MFB at the FairMoney MFB media parley, recently. Originally posted on Technext By Anderson Ozakpo FairMoney MFB has...

[The New York Times] How Tech Is Helping Poor People Get Government Aid

Even as the government expanded aid programs, many people faced barriers to using them. That problem is now being addressed with apps and streamlined websites. WASHINGTON — In making his case that safety net programs should be easier to use, Jimmy Chen, a tech entrepreneur, recalled visiting a welfare office...