News Archive | Page 3 of 23 | Flourish Ventures

Opinion: Can VCs and Founders Hustle More Responsibly?

By Emmalyn Shaw and Lisa Mikkelsen for the The Financial Revolutionist (see original article) After two trying years of market over-correction, many fintech founders—even those who built profitable, impactful companies—are nearing a personal breaking point. According to a 2024 survey by Sifted of 156 tech founders, 49% are considering quitting...

Flourish Ventures Adds Head of Asia, Plots Ramp-up

Originally posted on Asian Venture Capital Journal (Mergermarket) Flourish Ventures, a US-based emerging markets financial technology investor with a strong Asia focus, has named Ravi Kaushik, previously of India’s WaterBridge Ventures, as its Singapore-based regional head. It represents a refocus on Asia for Flourish after a two-year slowdown in activity...

Groundbreaking Study Shows Links Between Founder Health And Performance in Brazil

At Flourish, we see the pressure rising for startup founders and their teams and believe it’s critical to learn more about the challenges they’re facing and how they can prioritize well-being. We collaborated with Endeavor Brazil for a groundbreaking study called Health and Performance of High Impact Entrepreneurs (March 2024)....

TechCabal Profile: Blockchain Payments Startup Zone Raises $8.5m in First Funding

Article by TechCabal Zone, a Nigerian blockchain startup that helps banks and fintechs process payments, has raised $8.5 million, its first VC funding since it became a standalone business in 2022. Until 2022, Zone was part of its parent company Appzone. Flourish Ventures and TLcom Capital, a pan-African venture capital...

‘We Strangers’ Review: A Grifting Medium Gets Her Bag in a Wry Indictment of Our Unserious World

Anu Valia's feature directorial debut is a layered exploration of the ways that class, race, and guilt can intersect in an economic climate that can only be described as ridiculous. Originally posted on IndieWire It’s hard to imagine the Gary, Indiana janitorial community having many savvier political operators than Ray...

DealStreetAsia: StepChange Snags $1m From Flourish Ventures

StepChange raises $1m from Flourish Ventures StepChange, an enterprise sustainability platform, has raised $1 million from global venture capital firm Flourish Ventures. Founded in 2022 by Ankit Jain and Pai, StepChange offers a suite of integrated solutions to large enterprises and financial institutions that enable them to track, improve, and...

Flourish Promotes Investment Leads in India and LatAm; Strengthens Bench in U.S. and Africa With New Hires

SAN FRANCISCO, Calif., Feb. 26, 2024 – Flourish Ventures, an early-stage venture capital firm with purpose, today announced new hires and promotions, adding capabilities to its global investment team. Five team members joined the fintech-focused venture firm in 2023, and investment leaders —Diana Narváez in Brazil, and Harsh Gupta in...

[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...