Remove 2019 Remove accelerator Remove financing Remove incubation
article thumbnail

Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation. . This gave birth to Xend Finance.” Image Credits: Xend Finance. It has since secured $2.2

financing 104
article thumbnail

Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Bademosi was the Director of Binance Labs in Africa, overseeing the incubation and development of blockchain projects when he decided to start Bundle as CEO in 2019. With Bundle incubated within the ecosystem of the largest crypto exchange platform, Bademosi had lofty ambitions for the company.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa

TechCrunch

The contribution of these enterprises is pivotal to the country’s economy yet they remain underserved by traditional banking institutions making it hard for them to access the financing needed to grow. Previously, the startup has been through the prestigious Station F incubation program in Paris and the Norrsken Impact Accelerator program.

article thumbnail

Entrepreneurial Networks are Driving Global Change, According to Impact Hub Network’s 2019 Global Impact Report

Impact Hub

Ahead of this year’s Global Climate Strike (20-27 September) and the Global Goals Week (21-30 September), the Impact Hub network is launching its 2019 Global Impact Report. The 2019 Global Impact Report is the culmination of gathering relevant data from a number of their 16,500 members of 100+ locations in over 55 countries around the globe.

article thumbnail

Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. The Kauffman Foundation found 47% of US tech founders held degrees in STEM while 34% held degrees in business, finance, and accounting. 3) Accelerators. Right here. million in cash and prizes.

founder 144
article thumbnail

A close look at Singapore’s thriving startup ecosystem

TechCrunch

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor. A glimpse into Singapore’s current startup ecosystem.

article thumbnail

60 Top Women-led Venture Capital Firms

American Entrepreneurship

Data reveals Women Entrepreneurs Gaining Ground On the startup side, according to the 2024 Wells Fargo Impact of Women -Owned Business Report, between 2019 and 2023 women-owned businesses grew at nearly double the rate of those owned by men which was exceeded during 2022 to 2023, reaching 4.5 Secretary of Commerce.