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Pandemic Spurs Social Entrepreneurship in Startup Communities
As an entrepreneur-turned-investor, and having survived prior downturns, I have my share of bumps and bruises that serve as reminders and motivators. But I also like to remember that some of the most successful tech companies were funded during the last big downturn, such as Dropbox, Airbnb and Credit Karma. With that in mind, our venture capital firm is staying the course during the COVID-19 pandemic and continues to aggressively look for great entrepreneurs to fund.
- Categories
- Coronavirus, Finance
- Tags
- impact investing, startups
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Africa’s COVID-19 Moment: How Youth Startups Are Addressing the Pandemic – And What They Need to Reach the Next Level
Sub-Saharan Africa is home to a young and increasingly entrepreneurial population. As Ahunna Eziakonwa at UNDP and Eleni Gabre-Madhin at blueMoon explain, many youth-led African startups are repurposing their businesses or launching new operations to address COVID-19. They profile some of these young innovators, and lay out four ways the global development community can support them.
- Categories
- Coronavirus, Investing
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Press Release: Catalyst Fund Announces Seventh Cohort of Inclusive Fintech Startups
All startups in the latest cohort are addressing critical challenges in times of COVID-19, in emerging markets
- Categories
- Coronavirus, Finance, Technology
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Six Fintech Innovations Will Boost Financial Inclusion Levels for MENA’s Unbanked
“Covid-19 has accelerated the already pressing need for services that bring the advantages of financial inclusion to large swathes of the population and by extension national economies,” said Alicia Sornson, manager programmes and partnerships in Mena, at Village Capital.
“Regulators and investors are among the best placed to create the conditions that allow innovation to thrive."- Categories
- Finance
- Region
- North Africa & Near East
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African Payment Startup Chipper Cash Raises USD $13.8M
African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally.
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Rural Fintech Startup Jai Kisan Raises USD$3.9 million From Nabard-Back Fund, Others
Jai Kisan, a Mumbai-based fintech platform, on Tuesday said it has raised Rs 30 crore funding from Arkam Ventures with participation of a fund backed by NABARD.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, rural development, startups
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Fintech Funding in Asia Suffers Under Coronavirus Impact
A lack of mega funding rounds and India heavily scrutinizing inbound capital have made for a dramatic quarterly drop for fintech funding.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Not Just Another Startup Accelerator in India: How the Financial Inclusion Lab is Shining a Light on Underserved Customers
India today has an accelerator for almost every domain, ranging from fintechs to healthcare. But as analysts at MSC point out, many of these accelerators face a common shortcoming: a lack of inclusivity. They discuss how the Financial Inclusion Lab accelerator avoids that issue, and how it boosts startups to strengthen the financial inclusion movement in India.
- Categories
- Finance, Technology
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