Repeat Founders Build Financial Infrastructure to Accelerate Time-to-Market and Provide End-to-End Financial and Corporate Solutions for New Businesses
Perspectives
Celebrating Female Fintech Mavericks
We’re halfway through March Women’s History Month and in the spirit of this year’s theme #breakthebias we reached out to Female Fintech Mavericks and asked them two questions: 1) How do you encourage other women to pursue careers in fintech and 2) Who are fellow female mavericks you admire and who are living proof of the bias being broken. Here are three themes we picked up on.
Global Venture Capital Firm Flourish Expands Team and Regional Efforts
This year, we’re thrilled to announce that we’re expanding our efforts and expertise across new international markets by adding four exceptional team members who each bring deep technology, finance, and local market expertise along with a passion to create a more fair and equitable financial system.
Seamlessly connecting consumers to embedded financial products with a single line of code
Why We Invested: Brick
Southeast Asia is home to over half billion people with a rapidly maturing digital economy. Like the rest of the world, Covid-19 has curbed regional GDP growth but it has accelerated digital adoption
Finally, An Operating System for Brazil’s Corner Stores
Why We Invested in Mercê do Bairro
Just as in every major economy, big box grocery stores and e-commerce are disrupting Brazil’s retail market, creating new retail channels that have the potential to threaten the small mom-and-pop stores that traditionally serve large segments of the consumer base.
“We Are on Life Support” – Stories of Small Business Resilience During COVID
A Firsthand Documentary Film by NPR’s “Out of the Blocks”
When COVID-19 first hit, Flourish responded, and we sought to uncover the stories of people hit hardest by the economic shock. So did journalist Aaron Henkin, whose award-winning podcast Out of the Blocks has told the stories of American neighborhoods for over a decade.
Corner Stores – An Essential Sales Channel Across – Are Evolving With Digital Tools
In many African countries, corner shops are woven into the fabric of local communities. Their role in the economy is often underestimated. Despite repeated predictions of their demise, the data is clear, corner stores are here to stay.
Why kirana stores are central to India’s digital opportunity [e27]
Small corner stores is an integral part of India’s local communities; with the right digital tools, they can be an important driver of growth.
Global VC Flourish launches Madica, an Africa-focused program to back pre-seed stage startups [TechCrunch]
Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. And while venture capital and founder support programs within the continent are growing, a lot still remains to be done to meet the financing, technology and social capital needs of the especially marginalized groups like women founders.
Flourish Ventures Launches Africa-Focused Pre-Seed Investment Platform Madica
New investment program targets up to 30 underrepresented entrepreneurs in underserved sectors and geographies across Africa
MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M [TechCrunch]
Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches; the latter accompanied its acquisition of the Morocco-based and YC-backed WaystoCap.
Flourish Venture sees opportunities in embedded finance fintech platforms for kirana stores [The Economic Times]
Global venture capital firm Flourish Ventures is planning to invest in Fintech start-ups looking at increasing its exposure to fintechs focused on embedded finance in retail especially the kirana stores in India, besides fintechs focused on B2B infrastructure platforms and consumer personal finance.
Celebrating Our Founders
December 14, 2021
Here's to the founders, partners, and thought leaders who are building a fair financial system to empower people
Flourish Focus: Mercê do Bairro
December 9th, 2021
Find out how Brazil’s fintech start up Mercê do Bairro recently raised a $10 million Series A round with a vision to deliver an embedded finance platform that empowers small business owners.
FTS Fest Hall of Fame 21
November 10, 2021
Managing partner Tilman Ehrbeck reflects on the evolution of FinTech and what the future holds.
Flourish Conversations: Meet the Director of NPR’s “Out of the Blocks”
November 18, 2021
Based on the award-winning Baltimore WYPR podcast, Out of the Blocks looks at the impact of COVID on people living “on the blocks” of Baltimore, Seattle, Charleston, and the Pine Ridge Indian Reservation in South Dakota.
Flourish Embedded Finance: Plug-ins
Oct. 28, 8:30pm PDT | Oct. 29, 9:00am IST
More and more non-bank businesses—such as fintech companies, retailers, small businesses, and manufacturers—are now offering online financial products within their apps to better serve customers.
Flourish Focus: Jetty
October 7, 2021
A conversation with Mike Rudoy, co-founder and CEO of Jetty.com—a high growth fintech start up that just raised a $23M funding round co-led by Citi and Flourish Ventures.