News Archive | Page 16 of 22 | Flourish Ventures

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[The Fintech Times] Financial Health Start-up SeedFi Launches to Help Underserved Americans Build Credit

Originally posted on The Fintech Times By Polly Jean Harrison SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, has launched and announced it has raised $65 million in funding, including $15 million in equity and $50 million in debt. The company’s...

[Crunchbase] SeedFi Banks $65M To Help Americans Build Credit, Savings

Originally posted on Crunchbase Written by Christime Hall; Illustration by Li-Anne Dias Saving and building credit are two of the most difficult challenges for a majority of Americans. In fact, statistics show that 69 percent of Americans have less than $1,000 in savings, while 61 percent ran out of emergency...

[FinLedger] Women in Fintech: Flourish Ventures’ Emmalyn Shaw

Originally posted on FinLedger By Ellen Chang Fintech will shift from products to audiences, and mortgage, core banking and insurance will expedite digitization. As a managing partner at Flourish Ventures, a $500 million global venture fund that was launched in 2019 by eBay founder Pierre Omidyar, Emmalyn Shaw is an...

[FinTech] Investing for impact as a woman in fintech

Originally posted on FinTech Emmalyn Shaw at Flourish Ventures provides us with a personal take on how women can make an impact in fintech investing. When I co-founded Flourish Ventures, focusing solely on fintech was relatively new to me. I had more than 20 years of experience working with entrepreneurs...

[Forbes] This Fintech Startup Wants To Cover Your Overdraft Fees, And It Just Announced $35 Million In Series A Funding

Originally posted on Forbes By Eliza Haverstock Pictured above: Brigit co-founders Hamel Kothari (left, CTO) and Zuben Mathews (right, CEO). Nearly two decades before Zuben Mathews co-founded a consumer fintech app, he was studying economics at the University of Chicago as a recent immigrant to the U.S. Despite earning a...

[Reuters] Grab raises $300 million for fintech arm's ambitious expansion

Originally posted on Reuters By Anshuman Daga SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business. Grab said this is the first external funding for...

[Forbes] Forbes Fintech Awards 2020: Jack Dorsey Gives Banks A Wake-Up Call

Originally posted on Forbes By Jeff Kauflin and Eliza Haverstock This past year was a whirlwind for fintech. The pandemic hit many businesses like a hurricane, with lenders suffering the most damage. But as government stimulus checks hit bank accounts and consumers began buying everything online, some of the most...

[CNBC Africa] COVID-19: How the pandemic has impacted Africa’s gig economy

Originally posted on CNBC Africa According to a report by Flourish Ventures, 66 per cent of gig workers across the globe reported a large decline in income, with ridesharing drivers being hardest hit. Watch the interview on CNBC Africa.

[TechCrunch] Unit raises $18.6M to offer banking features as a service

Companies like Stripe and Twilio have changed the game for online businesses by making it easier to integrate payments and communications services into their customer interfaces without having to build those features from the ground up, or make costly investments to integrate them from elsewhere. Today, another startup is launching and announcing some...

VIDEO: [Falk Marques Group] Flourish Ventures' Emmalyn Shaw on Making Impactful Financial Service Investments

Originally posted on Falk Marques Group In our latest interview, Flourish Ventures’ Emmalyn Shaw discusses her journey to becoming an impact investor – a journey spurred by a desire to “marry” her interest in the entrepreneurial space with a “positive outcome.” She describes the companies she now focuses on at...

[TechCrunch] YC-backed Heru raises $1.7M to build software services for Latin American gig workers

Originally posted on TechCrunch Given the attention that TechCrunch pays to Y Combinator’s Demo Days, we also try to keep tabs on the same startups as they scale and raise more capital. Yesterday we covered YC Winter 2020 participant BuildBuddy, for example. Today we’re taking a look at Heru, a startup based in...

[Nikkei Asia] Ant Group and WhatsApp show the risks and upside of Big Tech finance

Originally posted on Nikkei Asia WhatsApp was finally cleared earlier this month to launch its long-awaited payment functionality in India. It is not hard to imagine the new service taking off rapidly when sending money is just a click away on an app with 400 million domestic users. This kind...