News Archive | Page 15 of 22 | Flourish Ventures

Flutterwave-CNBC

[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...

CHIME-CNBC

[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...

[The Fintech Times] North America's Authority on Financial Health Release the First Financial Health Pulse Points Brief

Originally posted on The Fintech Times By Francis Bignell The Financial Health Network, the nation’s authority on financial health, with support from the Citi Foundation, has released its first Financial Health Pulse Points brief featuring transactional data that highlights the effects of the two federal stimulus payments and tax refunds issued...

AfterPay

[Nikkei Asia] Asian fintech enters accelerated innovation phase

A logo of Australia's AfterPay in a store window in Sydney, pictured in July 2020: embedded finance is changing the structure of traditional retail finance. © Reuters Originally posted on Nikkei Asia Tilman Ehrbeck is managing partner at Flourish, a global venture investment company. He is based in Washington, D.C....

Graduates in cap and gown

[Employee Benefits News] Student loan assistance can help employees realize their full potential

Originally posted on Employee Benefit News By Will Sealy Image credit: Michael Nagle/Bloomberg As the total debt load continues to mount, thousands of employers have stepped up to help their employees by offering repayment assistance and optimization programs as part of their benefits packages. As the country moves back towards...

[The Fintech Times] US Digital Banking Report: How 4 Companies Have Created and Own Niches in a Very Crowded Category

Originally posted on The Fintech Times by Adam Snyder Over the past few years, digital banking in the US has experienced a significant level of transformation and growth, with over 70 digital banking platforms launched since 2018. Each attempting to occupy and own a niche, and making big bets around...

Chris Britt, Chime's CEO and cofounder. (Photo by Kimberly White/Getty Images for TechCrunch)

[Forbes] Consumers Win As Chime And Other Fintechs Jockey To Make Overdraft Fees Obsolete

Chris Britt, Chime's CEO and cofounder. (Photo by Kimberly White/Getty Images for TechCrunch) Originally posted on Forbes by Eliza Haverstock Overdraft fees are high on the list of things consumers like the least about traditional banks. So it’s no surprise that consumer fintechs are now one-upping each other to provide...

[Cision] Kin Insurance Achieves $100 Million Premium Run Rate in 1.75 Years

Originally posted on Cision With just $52 million in equity funding, the insurtech provider quickly eclipses a key growth milestone. Kin Insurance, the insurance technology company transforming home insurance through intuitive tech and affordable pricing, today announced that it surpassed $100 million in annual recurring premium after just 21 months...

[BW Disrupt] Credflow Raises $2.1 Million In Seed Funding Led

Originally posted on BW Disrupt Indian SMEs, particularly traditional manufacturing and distribution businesses in the B2B supply chain are still using archaic, offline processes to manage their receivables and payables. Credflow, a FinTech startup offering cash flow management solutions for Indian SMEs has raised $2.1 Million (Rs 15.2 crore) in seed...

[TechMoran] The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

Originally posted on TechMoran The fintech-focused investment space in Africa is fairly small, but Flourish Ventures, a global fintech venture capital firm and arm of Omidyar Network, which launched 2 years ago with a $300m war-chest, is changing that for good. Flourish Ventures recently opened a new office in Nairobi...

Data Inclusive

[American Banker] Data needs to be wider-sourced and more inclusive

Originally posted on American Banker By Melissa Koide, Larry Rosenberg America’s credit system is under serious pressure as it faces the most sudden and severe downturn since the Great Depression. In the months and years ahead, access to safe and prudent credit will make a critical difference to families and...

Coins stacked

Flourish, Omidyar co-lead Series B funding in payments infrastructure platform M2P Fintech

Originally posted on VC Circle By Binu Paul Chennai headquartered M2p Solutions, which owns payments infrastructure platform M2P Fintech (formerly YAP), has raised $10 million (about Rs 73.2 crore) in a Series B round of funding co-led by Flourish Ventures and Omidyar Network India. Flourish VC is a fintech-focused venture...