News Archive | Page 3 of 22 | Flourish Ventures

[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...

[Unit] Introducing the simplest way to embed lending into your product

Originally posted on Unit.co By David Sinsky, Vice President, Lending Today, we’re excited to launch Lending, the fastest and easiest way for companies to extend capital to their customers through their product. For many businesses, getting capital to grow and manage their cash flow is crucial. But many companies struggle to...

[Axios] Exclusive: Data and analytics insurtech Vellum Insurance raises $7 million

Originally posted on Axios By Ryan Lawler, author of Axios Pro: Fintech Deals Vellum Insurance, which provides a data and analytics platform for the insurance and reinsurance industry, has raised a $7 million seed round led by Acrew Capital, the company tells Axios exclusively. Why it matters: The insurance industry...

[ NextBillion] Does Universal Basic Income Really Work?

Understanding the Early Findings from the World’s Largest UBI Experiment, and Their Implications for Financial Resilience In recent years, the idea of Universal Basic Income (UBI) has gained traction as a potential solution to the growing income inequality and poverty rates around the world. While the concept of providing basic...

[Alloy] Women in fintech: What fintech leaders are looking forward to at Money20/20 2023

Originally posted on Alloy.com by KJ McAlpin on Oct 5, 2023 Money20/20 is just around the corner, and we’re getting excited for our annual Women in Fintech event. This year’s event, co-hosted with Mastercard, is at Bouchon in The Venetian on Monday, October 23rd, from 4:00 PM - 6:00 PM. Every year,...

[TechCrunch] TC Startup Battlefield master class with Flourish Ventures

Defining early-stage product-market fit By Neesha A. Tambe @neeshatambe Every business needs to figure out how to create a sticky product, and identifying where your product fits in the market is crucial to a strategy that leads to an offering that keeps customers returning. However, figuring all that out can be...

[PitchBook] Prioritizing founders' mental health could pay off for VCs

Mental health has rarely been discussed in the venture capital community but the issue has garnered more attention recently, particularly among startup founders finding themselves under increased pressure in the current downturn. By Leah Hodgson The pressures of raising funds, meeting performance targets and coping with a stressful work-life balance are...

[Techeconomy] Five Things African Startup Founders Raising Money in 2023 Must Learn

Article originally posted on Techeconomy In this article titled Five Things African Startup Founders Raising Money in 2023 Must Learn, Efayomi Carr, Principal at Flourish Ventures, a global venture capital firm, discusses what African startup founders should do to attract funding during the prevailing economic downturn: The potential for startups in Africa is...

[TechCrunch] Lee Fixel’s Addition leads $6M seed round in Egyptian fintech Flash

Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these governments have increased the number of banked citizens in their respective countries. In Egypt, for instance, platforms like Fawry and...

[TechCrunch] Indifi raises $35M to expand digital lending to more small businesses

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and...

[Forbes] The Fintech 50

The past year has been brutal for some fintech startups, as valuations crashed, cash dwindled, layoffs mounted and fire sales and failures loomed. With stock prices for publicly traded fintechs off an average of 60% from their peak, private funding has plummeted too–in 2022, venture capitalists invested $75 billion globally...