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Two Former Coinbase Employees Are Building a DeFi Lending Protocol for Emerging Markets
A pair of former Coinbase employees are launching a new protocol that aims to advance one of the DeFi space’s primary use cases — decentralized lending — in the world’s emerging markets.
- Categories
- Finance, Technology
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Nigerian Fintech Startup, Cowrywise, Raises $3 Million Pre-Series a Funding Led by Quona Capital
Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Impact Startup Support (ISS) Initiative Launched in India
Aspire Impact, a social enterprise focused on impact leadership and ecosystem development in the social and environmental impact space, today announced its collaboration with Impact Hub, the world's leading network focused on building entrepreneurial communities for impact at scale.
- Region
- Asia Pacific
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Female-Led Startups Dominate Catalyst Fund’s Inclusive Fintech 2021 Cohort
Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigeria’s Cowrywise Raises $3 Million Pre-Series a to Scale Its Wealth Management Platform
Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Foundation, Gumroad CEO Sahil Lavingia, and a syndicate of Nigerian angel investors locally and in the diaspora participated. The company previously raised more than $500,000 through a combination of equity financing and grants.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, scale, startups
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These Investors Want to Back ‘Ridiculously Early’ Female-Led African Startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- startups
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Rising From the Ashes to Figure Out the Business of Dry Waste
Ahmedabad-based Nepra handles more than 500 tonnes of dry waste a day, making it the largest player in this space. It is also the highest funded waste management startup in India, with over $36 million in funding, according to data from Tracxn
- Categories
- Environment
- Region
- Asia Pacific
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African Tech Startups Raise Over $700 Million in 2020 Despite Pandemic
African tech startups raised more funding from more investors than ever before in 2020 despite the Covid-19 pandemic.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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