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Alexa von Tobel: Eliminating risk is the key to building a startup during an economic downturn

Alexa von Tobel: Eliminating risk is the key to building a startup during an economic downturn Launching a company, even in the best of times, is one of the most challenging exercises a person can go through. In an economic recession, it can seem downright impossible. But founders across the country, and […]

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Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm

Halal fintech startup Wahed closes M led by Saudi Aramco’s investment arm New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known […]

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Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services

Belvo scores M from Founders Fund and Kaszek to scale its API for financial services Belvo, a Latin American fintech startup which launched just 12 months ago, has already snagged funding from two of the biggest names in North and South American venture capital. The company is aiming to expand the reach […]

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Omidyar-backed Spero Ventures invests in Mexico City’s Mati, a startup pitching ID-verification

Omidyar-backed Spero Ventures invests in Mexico City’s Mati, a startup pitching ID-verification Spero Ventures, the venture capital firm backed by eBay founder Pierre Omidyar, has gone to Mexico City for its latest investment, backing the identity verification technology developer Mati. Launched in San Francisco, the two co-founders Filip Victor and Amaury Soviche, decided […]

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Nigeria is becoming Africa’s unofficial tech capital

Nigeria is becoming Africa’s unofficial tech capital Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. While the West African nation is commonly associated with negative cliches around corruption and terrorism — which persist as serious problems, and influenced the Trump administration’s recent restrictions […]

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African fintech firm Flutterwave raises $35M, partners with Worldpay

African fintech firm Flutterwave raises M, partners with Worldpay San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, […]

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Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0 The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and […]

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2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital 2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande […]

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Indian tech startups raised a record $14.5B in 2019

Indian tech startups raised a record .5B in 2019 Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.5 billion last year, according to research firm Tracxn . Tech startups in India this year participated in […]

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