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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. It claims that merchants supported by Bold have seen sales grow about 25% on average simply by enabling digital payments. . “If

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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

Instead of financial engineering and the improved management techniques that PE promotes , we’ll start seeing AI cut costs and make existing companies vastly more profitable…while also enabling new business models to emerge. As technology continues to improve, the answer is an unequivocal “yes.” billion, against almost $2.8

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Impact Hub and UNDP collaborate to support social entrepreneurship policy development in Jordan

Impact Hub

To support employment generation among youth and marginalized communities, promote social cohesion as well as to support the Government of Jordan in developing a vibrant social entrepreneurship ecosystem, UNDP launched “Heart of Amman (HoA)” in July 2019 funded by the People of Japan. About UNDP Jordan.

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San Diego Angel Conference Opens 2024 SDAC VI Fund to Angel Investors, Applications for Founders Seeking Funding Closes on Dec. 19th

American Entrepreneurship

in 17 startups since 2019. By providing a low initial investment and robust deal flow, SDAC enables accredited investors from across the U.S. Angels collaborate with peers, meet interesting founders, and are on the frontlines of exciting new ventures that build businesses, support families and build wealth in communities.

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Habitual is using digital support plus food replacement to help reverse type 2 diabetes

TechCrunch

London-based Habitual , a healthtech startup which offers a weight loss program aimed at people with type 2 diabetes (or prediabetes) that combines “evidence-based” food replacement with digital support to help people manage and even reverse the condition (so they can be medication free), has closed a $2.3 million seed round.

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After raising $4 million, Emtech supports central banks across Africa, the Caribbean to deploy regulatory sandboxes

TechCrunch

Emtech’s solutions also enable collaboration among multiple regulators, for an integrated regulatory environment that is key to the opening up of cross-border innovations and opportunities. The sandbox helps the regulatory authorities base their response to innovations on the outcomes of live experiments.

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

TechCrunch

On the other hand, the financing gap left by conventional banking institutions has presented an opportunity for innovation, leading to the birth of fintechs like Asilimia. In 2019, the startup won the Africa Cup at the 2019 SA Innovation Summit, securing a $350,000 investment from Unicorn Group, a pan-African investment firm.