News Archive | Page 6 of 22 | Flourish Ventures

[Fortune] Chime review 2023: Doesn’t charge any fees but has limited account options

Chime is a financial technology company based in California that partners with The Bancorp Bank, N.A., and Stride Bank, N.A., to offer financial products. Both of the banks Chime partners with are FDIC members. Chime is known for offering low-cost accounts that do not include overdraft fees or monthly maintenance...

[Inc42] Aquaconnect Bags $15 Mn To Streamline Aquaculture Value Chain

Originally posted on Inc42 By Chetan Thathoo The funding round saw participation from Louis Dreyfus Company Ventures, Suneight Investment, Omnivore, AgFunder, Rebright Partners, Flourish Ventures and HATCH The startup will use the funds to expand its service offerings in both the pre-harvest and post-harvest value chain In March, the startup...

[NYC Fintech Women] Sarah Morgenstern named one of 2022’s Inspiring FinTech Females by NYC FinTech Women

The Inspiring FinTech Females list recognizes women who are transforming fintech and who are advocates for women and gender equity. Venture Partner Sarah Morgenstern is recognized in the 'Money Movers' category for her commitment to supporting diverse FinTech founders, challenging the status quo, and creating opportunity for all women. Visit NYC Fintech Women...

[Techbuild.africa] Corner Stores – An Essential Sales Channel Across – Are Evolving With Digital Tools

Originally posted on Techbuild.africa In many African countries, corner shops are woven into the fabric of local communities. Their role in the economy is often underestimated. Globally, small and informal retailers make up a $900 billion industry. They are even more indispensable in Africa, representing 70% of all grocery sales...

[LAVCA] 2022 Emerging Women Investors in Latin American Tech

Women in venture are underrepresented in Latin America as they are globally. In the US, women only hold ~16% of GP positions in VC, and the majority of firms have no women partners; in other markets, reliable benchmarks for comparison are harder to come by. In an effort to raise their visibility,...

[TechCabal] Madica Ventures wants to bridge the financial gap in Africa’s technology ecosystem

By Muktar Oladunmade Funding in Africa’s tech industry has its favourite destinations. The Big 4—Nigeria, South Africa, Egypt, and Kenya—accounted for more than 70% of the $5.2 billion raised by startups in Africa last year, according to Partech’s 2021 report. The remaining 50 countries on the continent raised $1.4 billion, a...

[Chipper] Chipper announces intended acquisition to strengthen payment solutions in Africa

Chipper announces intended acquisition to strengthen payment solutions in Africa Today we are excited to announce our intended acquisition of the Zoona group, which includes the Tilt brand. The proposed acquisition will accelerate Chipper’s expansion across Africa. We also believe bringing Chipper Cash and Zoona teams together will foster innovation...

[PYMNTS.com] Alloy CFO: Know-Your-Business Focus Aligns Banks and FinTechs in 2023

2022 was a year filled with crypto meltdowns, international sanctions, synthetic IDs and fraud attacks. But Kiran Hebbar, CFO at Alloy, told PYMNTs that 2023 will be the year where regulators ramp up their scrutiny of financial services firms. “Fraud has exploded,” he said — but looking ahead to 2023, first-,...

[Intuit] Intuit to Acquire Financial Health Startup SeedFi

SeedFi’s Credit Builder feature will join Intuit’s Credit Karma business to help more members build credit while saving money MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today it has entered into an agreement to acquire SeedFi, the partner behind Credit Karma’s Credit...

[Arab News] Indian fintech M2P bets its money on Saudi Arabia’s economic opportunity

CAIRO: Far from the business frenzy around the FIFA World Cup in neighboring Qatar, Saudi Arabia is laying the ground for a business opportunity that could change the fortune of the Kingdom. In the last few months, its banking sector has invited a slew of financial technology companies that could...

[TechCabal] Fintech Unicorn Chipper Cash set to buy Zambia fintech pioneer Zoona

Pan-African cross-border payment app Chipper Cash is set to acquire Zambian fintech company Zoona Transactions International, according to a statement shared with TechCabal. This acquisition will allow Chipper Cash, which has a self-reported user count of 5 million, to add new online services and a new agent network to its offerings. This...

[Business Insider] eCurrency providing technology for National Rollout of CBDC in Jamaica

eCurrency has entered into a long-term partnership with Bank of Jamaica to provide technology services for the national rollout of its Central Bank Digital Currency (CBDC) - JAM-DEX. Jamaica became the first country to recognize its CBDC as legal tender. In June 2022, the Jamaican Parliament passed amendments to the Bank of Jamaica Act and...