article thumbnail

NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

This early commitment from the NJEDA catalyzes additional financing in these innovative startups. The ultimate goal is to foster an entrepreneurial ecosystem that leads to greater economic growth by providing companies with crucial funding for product development, marketing, research and development, and other working capital needs.

support 52
article thumbnail

B2B Fintech Drives Market Disruption in Mexico

Andreessen Horowitz

The world of finance is undergoing a profound transformation, and Mexico is no exception. Regulatory changes paving the way Recognizing the potential of fintech to improve financial services and drive economic growth, the Mexican government has introduced significant regulatory changes in conjunction with the Bank of Mexico (Banxico).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IFC leads $17M investment in South African insurtech Naked

TechCrunch

Naked , a South African insurtech company that helps consumers to insure their cars, homes, and valuables, has raised $17 million in Series B funding led by the International Finance Corporation (IFC). The round welcomed participation from the German Development Finance Institution (DEG), and earlier investors, Yellowwoods and Hollard.

article thumbnail

A Meeting of Unreasonable Minds

Entrepreneurs' Organization

For 2018 we are planning for 300-plus attendees. Plus, making it free for all ensures that even the most economically disadvantaged people in our society can attend and learn. And with education and innovation as a focus, Suhail believes, decent work and economic growth are sure to follow.

article thumbnail

Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

Finfra Investment Fueled Indonesian Embedded Finance Expansion Indonesian startup Finfra secured $1 million in new funding in late June. The company invests the infused capital into product development and enhancing Finfra’s engineering, data, and finance teams.

article thumbnail

Oraan raises $3M to increase financial inclusion among Pakistani women

TechCrunch

Then she met product designer and entrepreneur Farwah Tapal, who had recently returned to Pakistan from Spain, and the two created Oraan in 2018 to help women access financial services. She began researching how Pakistani women deal with money—for example, how do they save or take out credit? .

article thumbnail

Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

The fintech industry has enormous potential in Indonesia, particularly in fostering the growth of MSMEs. Fintech help SMEs manage their finances and capital with convenience and efficiency. Komunal sees the potential for partnerships with BPRs to increase financial inclusion for MSMEs in tier 2 and 3 cities, he added.