Today, embedded finance is one of the most influential, seemingly all-encompassing technology trends taking place around the world. It involves non-bank companies and fintech start ups offering financial products and services to targeted customers.
Smita Aggarwal Talks Embedded Finance in Frontier Markets
When Flourish Global Investments Advisor Smita Aggarwal began her career, building the first rural lending business and digital channels for a major Indian bank, “the concept of using technology for inclusion was ahead of its time.”
Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures. Existing investors Flourish and Homebrew also participated in the round alongside FinVC and Plaid cofounder William Hockey.
The dream of a completely cashless Africa, where a Kenyan can trade easily with a Zambian despite the countries having different currencies and being in different economic zones, was a far-fetched reality less than a quarter of a century ago, and it was definitely a time most Africans were only familiar with via the media they consumed showing depictions of cashless transactions in more developed regions and economies.
July 14, 2021
With the pandemic and economic lockdowns, people around the world adopted new habits - work from home, online shopping and online banking. The trend of introducing traditional financial services—such as online payments and online credit—into apps that consumers use daily took off.
April 29, 2021
Don’t miss this engaging conversation between Flourish Investor Smita Aggarwal and Co-founder and CEO Pamitra Wineka of TaniHub Group, a rising agritech startup based in Jakarta, as they sit down to discuss how TaniHub emerged from a challenging year with the COVID-19 pandemic stronger and poised for growth.