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IFC backs Bolt with $24M to expand its transportation network in emerging markets

TechCrunch

Since launching in 2013, it has picked up more than 50 million customers and more than 1.5 Bolt is piloting a “Women Only” ride-hailing service in South Africa, with female drivers and passengers to improve job opportunities and general safety, one of the programs that the IFC funding will support, it said.

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60 Top Women-led Venture Capital Firms

American Entrepreneurship

Coyote Ventures : Jessica Karr launched Coyote Ventures in 2021 to address the $1T opportunity in women’s health and wellness that has been historically marginalized. Fika Ventures , co-founded by Eva Ho and TX Zhuo, raised a $160 million fund 3 and a $35 million opportunity fund.

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Free Money for Student Tech Founders

David Teten VC

Some of the greatest areas of innovation opportunity are at the intersection of sectors historically segregated , e.g., computational biology. Participants have the opportunity to receive prizes reaching $40,000. The pitch takes 90 seconds and participants have the opportunity to win prizes totaling $10,000.

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Asset Management Is a Peculiar Industry Ripe for Disruption

David Teten VC

Large hedge funds over time hit liquidity limits and start impacting market pricing when they trade, losing their ability to exploit arbitrage opportunities. I published in 2013 a much earlier version of this in Forbes , and in December 2020 published the final version in Techcrunch. Photo credit: JD Hancock.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services. This spells ample opportunity for payments infrastructure providers such as Geopagos. The financing marks the company’s first ever institutional funding.

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African tech took center stage in 2021

TechCrunch

More experienced founders exist and specific markets, particularly in the Big Four (Nigeria, South Africa, Egypt and Kenya), show a mix of matured but still open-for-disruption traits. Fintech opportunity in Nigeria is the largest on the continent. A couple of reasons are behind this sudden surge in unicorn numbers on the continent.

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Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M

TechCrunch

Founded in 2013 by two brothers — Fabian and Felix Wunderlich (now respectively CFO and head of sales) — Lingoda had only raised around $15 million before now, a mark of the company being pretty capital efficient. The valuation is not being disclosed. New Jersey specifically) in an interview.