[TechCrunch] MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

Originaly posted on TechCrunch By Tage Kene-Okafor Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth has translated to an increase in volume across e-commerce platforms all...

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[Tech in Africa] FairMoney raises $42M in Tiger Global-led Series B

Originally posted on Tech in Africa By Russel Ayugi Nigerian fintech startup FairMoney has raised $42 million Series B to raise and diversify its offerings and expand it as a financial hub for users. The round was led by Tiger Global Management and other existing investors in previous rounds such...

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[TechCrunch] Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

Originally posted on TechCrunch By Tage Kene-Okafor Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion...

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[PYMNTS] Unit Raises $51 Million To Expand FinServ Products, Integrations

Originally posted on Pymnts Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement. The financial services platform builder said the new funding will help it expand financial products and integrations — Unit has recently begun working...

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[Benefits Pro] Tap student loans to boost your financial well-being strategy

Originally posted on Benefits Pro By Paul Joo The idea that happy employees are productive employees is not a new one, but the benefits that employers offer to promote employee well-being have evolved over time. Employer-sponsored healthcare first emerged in the 1940s. In the 1960s, IBM was known for hosting employee...

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[Insurance Journal] Kin Insurance Funding Tops $69 Million as Pro Golfer McIlroy Joins Investors

Originally posted on Insurance Journal A few weeks after a report that it is in talks to go public, home insurance startup Kin announced its newest funding from Symphony Ventures, an investment partnership established by professional golfer Rory McIlroy and his team. Joining Symphony Ventures was Flourish Ventures, the global...

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[Inc.] Alloy & Chime listed on Inc's Best Workplaces list

Originally posted on Inc. Alloy Offers a smart identity solution that helps financial services and other regulated industries safely onboard customers. Industry Financial Services Location New York, New York Leadership Tommy Nicholas Website alloy.com Inc. Honors – Inc. Best Workplaces Company Revenue: Prosperous and Thriving, Company Size: Medium (2021) At Alloy,...

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[Dealstreet Asia] Flourish Ventures spots big promise in SE Asia's fintech innovation

Originally posted on Dealstreet Asia By Kristie Neo Southeast Asia has arrived at a crossroads at which it may borrow multiple influences from fintech ecosystems across the US, China and India, said Tilman Ehrbeck, managing partner at early-stage investor Flourish Ventures. But how these fintech innovations are adopted and executed...

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[Bank Director] Hummingbird Wins a 2021 Best of FinXTech Awards

Originally posted on Bank Director Through our Best of FinXTech Awards, Bank Director recognizes the efforts of the emerging financial technology solutions within our FinXTech Connect platform that best help a financial institution grow revenues, create efficiencies or reduce risk. Based on Bank Director’s analysis of each solution’s capabilities—including actual results and...

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[Dalal Street Investment Journal] Flourish Ventures Supports Founders in Crisis

Originally posted on Dalal Street Investment Journal It takes an ecosystem The truth of the old saying that necessity is the mother of invention is driving the efforts of many of the entrepreneurs who are leading India’s Fintech sector during the Covid-19 crisis. Throughout the country, Fintechs are going the...

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[CNBC] Flutterwave recognized as #21 on the CNBC Disruptor 50

Originally posted on CNBC by Riley de León Founder: Olugbenga Agboola (CEO) Launched: 2016 Headquarters: San Francisco Funding: $225 million Valuation: $1 billion Industry: Fintech Previous appearances on Disruptor 50 List: 0 Sub-Saharan Africa is thought to be one of the world’s fastest-growing digital payments markets, with the largest population of underbanked and unbanked people in the...

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[CNBC] Chime recognized as #8 on CNBC Disruptor 50

Originally posted on CNBC by Hugh Son Founders: Chris Britt (CEO), Ryan King Launched: 2013 Headquarters: San Francisco Funding: $1.5 billion (PitchBook) Valuation: $14.5 billion (PitchBook) Key technologies: Artificial intelligence, cloud computing, machine learning Industry: Fintech Previous appearances on Disruptor 50 List: 1 (No. 25 in 2020) For years, American banks have been among the least popular of industries...

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