News Archive | Page 7 of 23 | Flourish Ventures

[UKTN] US fintech unicorn Alloy launches in UK

New York-headquartered Alloy has launched in the UK, establishing the fintech company’s first physical location outside of its home market. Last September, Alloy raised $52m (£43.1m) in Series C capital at a $1.55bn (£1.3bn) valuation. The company has created a single API that conducts know your customer and business, anti-money...

[DealStreetAsia] Bangladesh B2B startup ShopUp secures $30m debt financing

ShopUp, a Bangladesh-based business-to-business (B2B) commerce startup, announced on Thursday that it has secured a $30-million debt financing from global debt provider Lendable and local lender The City Bank. The funding, which marks a significant milestone for ShopUp and the entire startup ecosystem in Bangladesh, follows the company’s $65-million follow-on...

[GGV Capital] Embedded Fintech 50

GGV Capital is excited to unveil the inaugural Embedded Fintech 50, a list highlighting the rising stars in fintech innovation. Congratulations to the companies that earned a spot!

[ TechCrunch] TrueBiz Aims to Help Financial Services Providers Onboard Business Customers Faster, Avoid Fraud

Due diligence was a big topic in 2022 for a variety of reasons. View the full article on TechCrunch But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. Businesses, especially those operating in financial services, also have to conduct an appropriate amount...

[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...