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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned.

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Korea’s leading accelerator program, K-Startup Grand Challenge’s alumni startups thriving in Asia

AsiaTechDaily

Register South Korea’s largest accelerator program for foreign startups, K-Startup Grand Challenge (KSGC) , is accepting applications for its 2022 edition. month all-paid residency program invites global startups to participate in this program known as an entry point for business in the Asian market. Besides the 3.5-month

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & Melinda Gates Foundation, runs the flagship program annually. In 2020, all five countries had representatives in the accelerator.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

That’s the gap that revenue-based financing platforms like GetVantage want to fill. The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan.

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Colgate-Palmolive, Coca-Cola and Unilever join AB InBev’s sustainable supply chain accelerator

TechCrunch

The AB InBev program, called the 100+ Accelerator , launched in 2018 with the goal to solve supply chain challenges in water stewardship, the circular economy, sustainable agriculture and climate action, the company said. Those startups have gone on to raise more than $200 million in follow-on financing.

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

2019 looks to continue another lights-out year for fintech startups. In 2020, all the long-term trends forcing change in this sector continued and even accelerated. E-commerce saw an enormous acceleration in growth rates, furthering adoption of online payments platforms. More posts by this contributor. Ben Altshuler. Matrix U.S.

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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.

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