News Archive | Page 8 of 22 | Flourish Ventures

[Protocol] Report: Corner stores around the world offer a big fintech opportunity

Originally posted on Protocol By Veronica Irwin Photo credit: Dhiraj Singh/Bloomberg via Getty Images Fintech startups that depend on retail spending are struggling right now. Whether a recession is coming or already here, discretionary spending is significantly down for the first time since the 2008 financial crisis, according to a...

New Research Finds Corner Shops are Faring Well Against Big Box Stores in Emerging Markets, but Digital Challenges Remain

Flourish Ventures Research Reveals Shopkeepers in Brazil, Egypt, India and Indonesia are Reporting Strong Customer Traffic but Risk Falling Behind if They Don’t Become More Tech Savvy Today, Flourish Ventures released a new research report showing that corner shops are doing better than predicted despite protracted supply chain issues and...

Flourish Ventures Adds New Talent and Opens San Francisco Office

Early-Stage Global Investors Provide Additional Support for Fintech Entrepreneurs SAN FRANCISCO, Calif., August 30, 2022 – Today, global venture capital firm Flourish announced the addition of two new senior hires and new office expansion into San Francisco. Tyler Mann, formerly of Greenoaks Capital, joins the team as Head of Global...

[PYMNTS.com] Thread Bank, Unit Collaborate to Expand Banking-as-a-Service

Originally posted on PYMNTS.com Banking-as-a-Service (BaaS) platform Unit has teamed up with digital-first bank Thread Bank to allow companies to embed banking services into their products. According to a Wednesday (Aug. 10) news release, those services include accounts, cards, payments and lending, all of which can be added in...

[Bitcoin KE] The Celo Africa Web3 Fund Inaugural Event Kicks Off in Kenya – Next Stop, Nigeria

Originally posted on Bitcoin KE By CryptoGuru This is the first of a series of 4 events set to take place over the next 4 months of 2022 as Celo seeks to help Web3 projects access the needed funds to either launch or build their solutions on the Celo...

CFPB should write a data sharing rule that can evolve with the market

Originally posted on American Banker By David Silberman, Corey Stone The Consumer Financial Protection Bureau’s recent Regulatory Agenda indicates that the bureau plans to commence a rulemaking in November to implement the data sharing provision in Section 1033 of the Dodd-Frank Act. For that rulemaking to enable consumers to...

[Paris Fintech Forum Communities] Interview of Emmalyn Shaw, Managing Partner at Flourish Ventures

Originally posted on Paris Fintech Forum Communities Discover each week a new episode of our exclusive Interview Video Series where top leaders of the Fintech / Insurtech / Banking international scene speak about their vision of the future of finance. In today’s episode our host Elliott Gotkine receives Emmalyn Shaw,...

[Forbes] An Unequal Burden: Measuring Financial Worry In Developing Countries During The Pandemic

Originally posted on Forbes What does financial worry mean for people globally? The answer depends on objective factors such as how much you earn along with subjective perceptions about what constitutes a financially secure life in a particular society. So, it may be correct to assume that people struggling to...

[Outlook India] M2P Fintech Acquires Syntizen, Its Third Acquisition This Year

Originally posted on Outlook India Financial infrastructure provider M2P Fintech acquired Syntizen, an identity verification service provider. As part of the deal, Syntizen’s Co-Founder and CEO, Vamsi Kotte, will take up a senior product leadership role at M2P. This development follows the start-up’s recent acquisitions of Bengaluru-based cloud lending platform,...

[Business Insider] Meet 26 rising-star fintech VCs excited about what's next in the sector

Sarah Morgenstern, a principal at Flourish Ventures. How did you get into fintech investing? I moved to China for a couple of years and saw that exposure to financial inclusion in that context, seeing the power of financial services and the role and the contribution it can make in both...

Top 30 Open Indian Banking Influencers 2022 [Digital Fifth]

Open Banking in India has seen significant traction over the past two years. It received approximately USD 1.5 B across 2021 and 2022 till date (source: The Digital Fifth Analysis.) The Industry is driven by individuals who have contributed their knowledge and expertise to enrich the Open Banking and Digital...

Indonesian fintech firm banks $15m, promotes ex-Gojek exec to CEO

Mapan, an Indonesia-based fintech firm, has raised US$15 million in a series A raise co-led by Patamar Capital and PT Astra Digital Internasional, with 500 Global participating. Ardelia Apti, a former Gojek executive who serves as Mapan’s chief commercial officer, was also appointed as the startup’s new CEO. Founded in...