• Nigerian fintech Appzone raises $10M for expansion and proprietary technology
    by Tage Kene-Okafor on April 12, 2021 at 7:57 am

    Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem to be doing quite well compared with traditional banks that face challenges like legacy cost structures and a major lack of operational efficiency. Appzone is

  • Let’s talk about gaslighting and fundraising
    by Natasha Mascarenhas on April 10, 2021 at 6:00 pm

    “Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the barrage of funding news each week, I think it’s important to double click on the

  • Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at a $6B valuation
    by Mary Ann Azevedo on April 9, 2021 at 3:01 pm

    Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. For one, that new $6 billion valuation is up 50% from the $4 billion it was valued at last November when it raised $200 million

  • Vybe raises $2.9 million for its challenger bank for teens
    by Romain Dillet on April 9, 2021 at 11:12 am

    French startup Vybe has raised a $2.9 million funding round (€2.4 million) to build a challenger bank for teens. The company is currently testing its product with a soft launch. Users get a Mastercard payment card paired with an e-wallet. Each Vybe account comes with its own IBAN so that users can send and receive

  • Walnut wants to crack open flexibility for healthcare bills
    by Natasha Mascarenhas on April 7, 2021 at 7:13 pm

    Healthcare insurance, if you’re lucky to have it, only covers a subset of conditions in the United States. As a result, patients can often get burdened with horror story charges, like huge deductibles, out-of-network costs and expensive co-pays. So for the uninsured and insured alike, innovative ways of managing big bills are in high demand