News Archive | Page 6 of 22 | Flourish Ventures

[The New York Times] Easy to Use, Mobile Payment Apps Are Also Easy to Misuse

While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person. View the full article on the New York Times The use of mobile payment services has surged — along with worries about...

[Bizz Buzz News] ApnaKlub ropes in new investors to increase total Series-A funding to $16 million

ApnaKlub, a B2B wholesale platform for fast-moving consumer goods, has raised an additional funding of $6 million in its Series-A round. It had earlier raised $10 million in the round. The latest round brings the Series-A total to $16 million. ApnaKlub, a B2B wholesale platform for fast-moving consumer goods, has...

[Daily Social] Qoala Announces 113 Billion Rupiah Additional Series B Funding

The total funding in the series B round reached $ 72,5 million or more than 1,09 trillion Rupiah. *28/3/2023: We updated the funding amount information according to the release published by Qoala Startups insurtech Qoala announced that it has completed an additional $7,5 million (over 112 billion Rupiah) in Series B funding....

[Technext] 5 African startup founders to watch out for in 2023

This article makes a solid guess based on what occurred last year, which includes their raises, expansion drive, and lastly the product offering. Alas, 2023 has begun, and startup founders are picking up where they left off in 2022. For some of these founders, the next step is to secure...

[Hindu Businessline] Men in veshti – leaders responsible for M2P Fintech’s rise to fame

How five back-to-back deals put them in the spotlight It was very easy to spot R Madhusudanan, A Muthukumar and R Prabhu, founders of M2P Fintech, in the crowded two-floored Jio World Center, which hosted Global Fintech Fest last year. They were the only veshti-clad men. But it was almost...

[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,...

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

As reported by Muktar Oladunmade, TechCabal: "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...

[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...