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Splunk Ventures Launches With $150 Million to Fuel the Next Generation of Data Analytics
“Organizations around the world are not only racing to make faster, better decisions, they’re also hoping to turn data into business outcomes that are both cost and time effective,” Doug Merritt, Splunk president and CEO, said in a statement.
- Categories
- Investing
- Tags
- data, startups, venture capital
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Understanding the Other Side of the Table: Closing the Gap between Social Entrepreneurs and Impact Investors
In over a decade working in social impact, Ayla Schlosser, the former CEO of Resonate, increasingly realized that she had a lopsided view of funders. In fact, she says, both entrepreneurs and investors tend to sit on one side of the table or the other, which can lead to mutual blind spots and inefficiencies. She shares insights from a Miller Center research project, in which she interviewed 42 investors, entrepreneurs and others to identify best practices and help bridge this information gap.
- Categories
- Investing, Social Enterprise
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FairMoney Raises $11 Million in Series a Investment Round to Reshape Nigeria’s Mobile Banking and Institutionalise to Ghana, Kenya, and Egypt
FairMoney, a Paris-based fintech startup, is planning to institutionalise operations in Ghana, Kenya and Egypt.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Accion Venture Lab Launches $23m Inclusive Fintech Startup Fund
The Accion Venture Lab Limited Partnership, as it’s called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the under-served at scale,” per a company release.
- Categories
- Finance
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Goldman Sachs, Point72 and Others Invest $42 Million in Mexico’s Credijusto
Mexico has experienced a steady rise in startups aiming to use technology and mobile phones to sell financial services to poor and middle-class customers who do not use traditional banks.
- Categories
- Finance, Technology
- Region
- Latin America
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PayPal-Backed Money Lender Tala Raises $110M to Enter India
Tala looks at a customer’s texts and calls logs, merchant transactions, overall app usage and other behavioral data through its Android app to build their credit profile.
- Categories
- Finance
- Region
- South Asia
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Fintech Deals in Indian Startups Surpass China Despite a Lending Slowdown
China saw deals drop to five-quarter low of 15 deals, down 81% from Q2 of calendar year 2018. However, broader deal-making across the globe has been relatively flat this year.
- Categories
- Finance
- Region
- South Asia
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Solar, Expanded: Building the Future of Utilities in Bangladesh
Imagine a network of homes – some with solar panels, some without – buying and selling renewable power in small, on-demand increments. “Swarm electrification,” as it’s known, is no longer imaginary, but a peer-to-peer system many entrepreneurs and utilities are exploring, including the Bangladeshi startup SOLshare. Tatiana Bessarabova at Endeva explains why SOLshare’s “prosumer” model, and a project to expand it, could be the future of utilities around the world.
- Categories
- Energy