[TechCrunch] India's Indifi raises $21M to expand its online lending platform

Indifi, a Gurgaon-based startup that offers loans to small and medium-sized businesses and also operates an online lending marketplace, has raised 1,450 million Indian rupees ($21 million) in a new financing round to expand its business in the country. The Series C round for the four-year-old startup was led by...

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[TechCrunch] Flutterwave and Alipay partner on payments between Africa and China

Flutterwave, a San Francisco and Lagos-based fintech startup providing a digital payments service and Flourish portfolio company, has partnered with Chinese e-commerce company Alibaba’s Alipay to offer digital payments between Africa and China. TechCrunch's Jake Bright shared a spotlight on the partnership's potential to impact merchants. Alipay is Alibaba’s digital...

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[This Day Live] Costa - Why Financial Inclusion is Not Enough Anymore

This July, Flourish held Flourish Startup Bootcamp and the Market Makers events in Lagos where our Managing Partner, Arjuna Costa, spoke to select journalists on what the firm is bringing to Nigeria and Africa and the new trends in fintech. This Day Live's Solomon Elusoji shared the below from Arjuna's discussion...

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[Los Angeles Times] How I Made It: He dreamed of a career in politics. Now he’s shaking up consumer banking

Andre Cherny, co-founder and CEO of Flourish portfolio company Aspiration, sat down with the Los Angeles Times' Margot Roosevelt in a "How I Made It" feature to share his own journey - from politics, to Fintech - to how Aspiration's mission is focused on the health of consumer finances, their...

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[Forbes] FHN's Jennifer Tescher: Go Slow On Libra. Speed Up On Faster Payments.

In June, Facebook revealed the details of its proposed cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. Jennifer Tescher, founder and CEO of the Financial Health Network, raises concerns about Libra in her Forbes Opinion piece. She notes that while it's...

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VIDEO: Juntos Featured in El Financiero TV Bloomberg

Flourish portfolio company Juntos was recently featured in El Financiero TV Bloomberg segment called Ganadores y Perdedores. During the time on the show, the company's CEO & Co-Founder Ben Knelman discusses the fintech landscape and how their solution is aimed at helping financial institutions drive growth by creating strong customer relationships....

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[Ozy.com] He's Banking the Unbanked in Nigeria and Beyond

Paga's CEO and Founder, Tayo Oviosu, is featured in this article in the rising star section of Ozy.com. In 2009, Tayo Oviosu returned from the US to Nigeria, with the desire to start a company with a big idea. “I knew that whatever I wanted to do had to pass...

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[WEF] Tech Companies Are Changing, for the Better

On this blog published by the World Economic Forum, our managing partner Tilman Ehrbeck talks about how the mindset among tech companies is moving from “move fast and break things” to “move purposefully and fix things." The change, he explains, is driven by an emerging trend in which consumers want...

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[Forbes] Momentum Is Building for a 21st-Century Digital Banking Infrastructure

Tillman Ehrbeck shares insights in an article published by Forbes on the trends discussed at the Springs Meetings of the World Bank/International Monetary Fund (IMF) in Washington, DC.  Tilman, a former IMF employee and Advisory Council Chair to the U.N. Special Advocate for Inclusive Finance in Development, says that "while...

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[Economic Times] Make proposed regulatory sandbox inclusive, fintech experts tell RBI

Today, the fintech industry wants the Reserve Bank of India (RBI) to make the proposed regulatory sandbox more inclusive and provide greater operational clarity for startups using the mechanism to help drive innovation in the payments landscape. Flourish's own Smita Aggarwal discussed the potential benefits of the proposed plan with...

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Clerkie Launches its AI-powered Financial Assistant, Announces $2 Million Seed Round Led by Flourish

SAN FRANCISCO, CA, May 21, 2019 – Clerkie, the AI-powered financial assistant, officially launched its app today with $2 million in seed funding from Flourish, a venture of The Omidyar Group focused on backing impact fintech globally, and angel investors. Clerkie's mission is simple: democratize financial help by bridging the...

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[Forbes India] Toffee's Rohan Kumar: Bicycle thieves: The surprising growth engine for Toffee Insurance

Toffee, an insurtech startup in India providing accessible, digitized insurance policies to its consumers, was featured in Forbes India for one of their highest - and, perhaps most unique - insured products. According to the article, a staggering number of the insurtech startup's products are sold against cycle theft, a rising issue...

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