News Archive | Page 2 of 22 | Flourish Ventures

[Disrupt Africa] Why has African tech startup funding declined so badly, and what happens now?

After bucking global trends in a record-breaking 2022, African tech saw a reset of sorts in 2023, as the global capital shortage began to bite. The number of funded ventures, and the total funding raised, declined for the first time since 2016, though not as dramatically as many had feared....

[WeeTracker] 2023 Lessons & 2024 Outlook: From Early Investors In Africa’s Highest-Valued Startup

As the curtain draws on a year during which the tech landscape in Africa took on unprecedented challenges yet unlocked opportunities, understanding the lessons learned from 2023 and predicting the trends for 2024 becomes pertinent. By Henry Nzekwe | December 28, 2023 Originally posted on WeeTracker Flourish Ventures, a global venture...

[Axios] Exclusive: Waste management payments firm CurbWaste raises $10M

Originally posted on Axios By Ryan Lawler, author of Axios Pro: Fintech Deals Curbwaste, a SaaS software and payments provider to the waste management industry, has raised $10 million in Series A funding led by Flourish Ventures, the company tells Axios exclusively. Why it matters: Investors are betting on vertical...

[The Africa Report] Flourish Ventures MD Arjuna Costa targets next generation of unicorns

Flourish Ventures has secured $350m in new funding from the family office of eBay founder Pierre Omidyar. By David Whitehouse Flourish Ventures, which invested in Nigerian unicorn Flutterwave in its first seed round in 2017, will be seeking to unearth new unicorns as it deploys $350m in fresh capital, managing...

[TechCrunch] Spade digs into credit card fraud detection intelligence following new capital raise

Originally posted on TechCrunch by Christine Hall @christinemhall With billions of credit card transactions processed daily, there is opportunity for fraudulent activity, or perceived fraudulent activity, to slip in. And it does: Each year, hundreds of millions of consumers report instances of credit card fraud. Spade’s co-founders Oban MacTavish, Tess Bloch and...

[Benjamindada.com] Why founders should ignore the noise and focus on the fundamentals

Efayomi Carr shares lessons for African startups from Apollo and Flutterwave, potential solutions to their challenges, and his long-term vision as a venture capitalist. Article originally posted on Benjamindada.com Efayomi Carr has had the most multifaceted career one could ever ask for, transitioning from his role as an associate at...

[Forbes India] ApnaKlub: Uplifting kirana, one brand at a time

ApnaKlub is stepping up its kirana play across tier 2 and beyond by rolling out a slew of its own brands. Will the gambit of a B2B wholesale platform for FMCG pay off? By Rajiv Singh, Forbes India Staff Originally posted on Forbes India For years, Badrinath Gupta endured a...

[The Financial Technology Report] The Top 25 Women Leaders in Financial Technology of 2023

The Financial Technology Report is pleased to announce The Top 25 Women Leaders in Financial Technology of 2023. The fintech industry represents a fusion of innovative solutions that leverage cutting-edge technologies to enhance and revolutionize traditional financial processes. The exceptional women featured in this year’s list play an increasingly pivotal...

[The New Indian Express] Why Investors Should Support Founders’ Mental Health

Originally posted on The New Indian Express Entrepreneurial journeys are challenging. There are peaks of extreme happiness and moments of utter despair and hence entrepreneurs draw on a special kind of mental energy. They go after the impossible. As a founder, if you’re not training for a marathon, you may...

[Gramado Summit] Technology for financial management can help SMEs grow in Brazil

Economia de tempo com automatização de tarefas pode chegar a mais de 300 horas mensais em trabalhos antes feitos via tabela de Excel Originally posted on Gramado Summit Manter um negócio de sucesso em crescimento é um desafio para os empreendedores brasileiros. Apesar do talento inegável para criar novas oportunidades...

[TechCrunch] Flourish Ventures, a ‘fintech venture fund with a purpose,’ secures $350M in new capital

Originally posted on TechCrunch by Mary Ann Azevedo @bayareawriter Flourish Ventures, an early-stage venture firm investing exclusively in fintech companies in the U.S. and in emerging markets, has secured $350 million in fresh capital, TechCrunch is the first to report. The new raise brings the four-year-old firm’s total assets under...

[Fintech Global] Skipify announces Samsung investment to accelerate its Next-Gen Digital Wallet

Skipify has announced a strategic investment from Samsung Next, an investment group within Samsung Electronics, to accelerate its Next Gen Digital Wallet. Originally posted on Fintech Global This move adds Samsung Next to a distinguished list of financial institutions and technology giants that have endorsed Skipify and integrated their cards and accounts...