Taxonomy

United States

[Forbes] This Fintech Startup Wants To Cover Your Overdraft Fees, And It Just Announced $35 Million In Series A Funding

Originally posted on Forbes By Eliza Haverstock Pictured above: Brigit co-founders Hamel Kothari (left, CTO) and Zuben Mathews (right, CEO). Nearly two decades before Zuben Mathews co-founded a consumer fintech app, he was studying economics at the University of Chicago as a recent immigrant to the U.S. Despite earning a...

January 19, 2021

Why We Invested In Brigit: Fintech Designed to Help Consumers Build a Brighter Financial Future

Even if you have cash on hand, managing personal finances can feel like a chore – being sure to set an automatic transfer to savings…

[Forbes] Forbes Fintech Awards 2020: Jack Dorsey Gives Banks A Wake-Up Call

Originally posted on Forbes By Jeff Kauflin and Eliza Haverstock This past year was a whirlwind for fintech. The pandemic hit many businesses like a hurricane, with lenders suffering the most damage. But as government stimulus checks hit bank accounts and consumers began buying everything online, some of the most...

Portfolio

Infrastructure

[TechCrunch] Unit raises $18.6M to offer banking features as a service

Companies like Stripe and Twilio have changed the game for online businesses by making it easier to integrate payments and communications services into their customer interfaces without having to build those features from the ground up, or make costly investments to integrate them from elsewhere. Today, another startup is launching and announcing some...

December 08, 2020

Why We Invested in Unit: Modern Infrastructure Fintech Unit Launches Easy to Deploy Banking Services

From Uber and Apple to Shopify and Mindbody, a prominent mix of technology platforms have rolled out financial services including payments and banking features in…

VIDEO: [Falk Marques Group] Flourish Ventures' Emmalyn Shaw on Making Impactful Financial Service Investments

Originally posted on Falk Marques Group In our latest interview, Flourish Ventures’ Emmalyn Shaw discusses her journey to becoming an impact investor – a journey spurred by a desire to “marry” her interest in the entrepreneurial space with a “positive outcome.” She describes the companies she now focuses on at...

[Axios] Survey reveals pandemic's toll on gig workers

Originally posted on Axios More than two-thirds of gig workers have seen their incomes drop during the coronavirus pandemic, with almost a third cutting back on food as they struggle to cover expenses, according to new data from an industry survey shared exclusively with Axios. The big picture: The pandemic has...

[Research] The Digital Hustle: Gig Worker Financial Lives Under Pressure, U.S. Spotlight 2020

RESEARCH The Digital Hustle: Gig Worker Financial Lives Under Pressure, U.S. Spotlight 2020 Since May, we have been examining the lives of gig workers around the world and the impact COVID-19 has played on their financial lives. Our reports on Brazil, South Africa, India, and Indonesia each tell the tale...

[Forbes] Financial Health Still A Struggle For Many—More Financial Innovation Needed

Originally posted on Forbes Recent research highlights the ongoing struggle many Americans have when it comes to financial health—underscoring the need for more financial innovation to meet these needs. Venture investors, technology partners and government bodies need to work together to improve financial health for a broader percentage of the...

[Panel Recap] Lendit 2020: Fintech Success with Low- to Middle-Income Earners in COVID-19 Era

COVID-19 has exacerbated income volatility and work hour instability for low- to medium- income (LMI) Americans. The good news is, some innovative fintech entrepreneurs have products and services to meet this challenge. Flourish Managing Partner Emmalyn Shaw recently moderated a LendIt2020 panel on “Income Volatility and Financial Health” with fintech...

Sarah_Morgenstern

[Business Insider] Investors are bullish on tech startups ability to fix income gaps

Originally posted on Business Insider Millions of Americans now find their bank branches closed and their paychecks gone. A new generation of VCs is looking to back financial technology startups that help. Read the full article on Business Insider.