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Africa

FairMone tech in africa

[Tech in Africa] FairMoney raises $42M in Tiger Global-led Series B

Originally posted on Tech in Africa By Russel Ayugi Nigerian fintech startup FairMoney has raised $42 million Series B to raise and diversify its offerings and expand it as a financial hub for users. The round was led by Tiger Global Management and other existing investors in previous rounds such...

Tiger Global

[TechCrunch] Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

Originally posted on TechCrunch By Tage Kene-Okafor Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion...

Flutterwave-CNBC

[CNBC] Flutterwave recognized as #21 on the CNBC Disruptor 50

Originally posted on CNBC by Riley de León Founder: Olugbenga Agboola (CEO) Launched: 2016 Headquarters: San Francisco Funding: $225 million Valuation: $1 billion Industry: Fintech Previous appearances on Disruptor 50 List: 0 Sub-Saharan Africa is thought to be one of the world’s fastest-growing digital payments markets, with the largest population of underbanked and unbanked people in the...

Efayomi One Jollof

[One Jollof] Building A Career Across The African Continent with Efayomi Carr

Originally posted on One Jollof Pepper Soup #19 features Efayomi Carr, Principal of Fintech focused Venture Capital Firm Flourish Ventures. Over the last 10 years Efe has worked in finance, governance and the entrepreneurship space across the African continent, including Nigeria, Sierra Leone, Ethiopia and Kenya.

[24Bit Podcast] The Opportunities Fintech brings to Africa: A discussion with Flourish Ventures Principal Efayomi Carr

Originally posted on 24Bit Podcast In this latest episode of our 24Bit podcast, I sat down with Efayomi Carr to discuss Fintech in Africa. Efayomi Carr is a Principal at Flourish Ventures, a Global Fintech Venture Firm that recently opened its offices in Kenya. The new office, the Silicon Valley-based VC...

[TechMoran] The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

Originally posted on TechMoran The fintech-focused investment space in Africa is fairly small, but Flourish Ventures, a global fintech venture capital firm and arm of Omidyar Network, which launched 2 years ago with a $300m war-chest, is changing that for good. Flourish Ventures recently opened a new office in Nairobi...

Portfolio

Embedded Finance

[CNBC Africa] COVID-19: How the pandemic has impacted Africa’s gig economy

Originally posted on CNBC Africa According to a report by Flourish Ventures, 66 per cent of gig workers across the globe reported a large decline in income, with ridesharing drivers being hardest hit. Watch the interview on CNBC Africa.

December 09, 2020

[Business Day Nigeria] Pandemic puts gig-economy workers in even more precarious financial position

The global gig economy has emerged as a vast secondary labour market over the past decade.

Portfolio

Embedded Finance

[Business Day] Flourish Ventures sees mixed impact of COVID-19

By Jumoke Akiyode-Lawanson Arjuna Costa is a Managing Partner, Flourish Ventures, a venture firm of the Omidyar Group, that invests in fintechs and entrepreneurs whose innovations help people achieve financial health. In this interview with Jumoke Akiyode- Lawanson, he talks about the effect of COVID-19 on Nigeria’s tech sector, the...

[Research] The Digital Hustle: Gig Worker Financial Lives Under Pressure, South Africa Spotlight 2020

RESEARCH The Digital Hustle: Gig Worker Financial Lives Under Pressure, South Africa Spotlight 2020 The South Africa Spotlight 2020 of The Digital Hustle: Gig Worker Financial Lives Under Pressure tracked the experiences of gig workers, including those who use digital platforms such as e-hailing or delivery apps, to learn more about...