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Credly Raises $11.1 Million to Issue and Manage Digital Badges
“Credly is working with some of the world’s most recognizable and trusted organizations to build a skills-based currency for the future of work,” said CEO Jonathan Finkelstein.
- Categories
- Technology
- Tags
- venture capital
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A Financial Lifeline for Tech Startups: The Value of Bridge Funds in Social Enterprise
Social entrepreneurs working in next-gen tech startups are often well-versed in the intricacies of acquiring early-stage investments. But according to Sahaj Desai, they may be less aware of another type of financing that can be equally vital to their growth: bridge funding. Desai explores the uses and advantages of this funding, and why it can be uniquely valuable to social startups.
- Categories
- Investing, Social Enterprise
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Venture capital funds are starting to make bigger bets on African startups
Funding has long been a challenge for African startups but the tide has started to turn in the last year as the sector heats up and both investors and entrepreneurs start to see some of their long term efforts come to fruition.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Cathay Innovation and AfricInvest to Raise $168m Africa VC Fund
Barrier could not say when the fund would be closed, but did confirm investments could come as early as summer 2019. He expects to see strong local showing for startups from across Africinvest’s 10 country offices in Abidjan, Algiers, Cairo, Casablanca, Dubai, Lagos, Nairobi, Paris, Port Louis and Tunis. The firm will open an office in Johannesburg in the near future, according to a company release.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Why Fintech Startups Are Rapidly Becoming Unicorns in Latin America
In the past few years, over 300 fintech startups have been born in Mexico alone, coming in just second to Brazil, which boasts nearly 400 startups in its own fintech sector.
- Categories
- Finance, Technology
- Region
- Latin America
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Press release: CNote Launches Wisdom Fund to Close Lending Gap for Women
New impact investment vehicle provides funding to underserved women of color and low-income women entrepreneurs across the U.S.
- Categories
- Investing
- Region
- North America
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Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million
Equipped with up to $300 million in capital for operations and investments, the new Flourish will continue to invest around the Network’s core mission of backing companies with a dual focus on making a social impact and achieving quality financial returns.
- Region
- North America
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Viewpoint: Misaligned Hiring Priorities Risk Taking The Impact Out Of Impact Investing
There is a risk, however, that the ‘impact’ part of impact investing becomes diluted if the teams behind these funds - whether launched by corporates or established venture investment firms - lack the necessary expertise in creating social change. This is a very real possibility - in researching the hiring preferences of impact investment funds to help students identify routes to careers in the sector, my Stanford GSB colleague Bernadette Clavier and I found that hiring managers don’t value expertise and experience in social change as highly as they should in their decision-making.
- Categories
- Investing
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