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7 global investors discuss African tech post-Kauffman Fellows' first summit on the continent - Vimarsana News

7 global investors discuss African tech post-Kauffman Fellows' first summit on the continent

In 2020, Kauffman Fellows (KF), a prominent venture education program renowned for its extensive and well-established network of VCs, made a concerted effort to enhance the diversity within its board. The program, a well-established resource for startup founders and the venture capital sector, expressed the importance of using this strategy to sustain diversity growth within its fellowship cohort, where a group of fellows actively participate in the nomination and evaluation process for prospective trainees. The fellowship also seeks to cultivate a more inclusive venture capital sector throu...

Source: yahoo.com
Visa Acquired Pismo For $1 Billion, Highlighting Fintech Renaissance In Emerging Markets - Vimarsana News

Visa Acquired Pismo For $1 Billion, Highlighting Fintech Renaissance In Emerging Markets

Innovation has globalized. Over 100 cities have spawned a unicorn. And they are leading to real exits. Yet, Silicon Valley has not adapted to this new reality.

Source: forbes.com
👨🏿‍🚀TechCabal Daily - E-naira e-mpty - Vimarsana News

👨🏿‍🚀TechCabal Daily - E-naira e-mpty

Nigeria’s digital currency is reportedly struggling. Yesterday, the International Monetary Fund (IMF) revealed that 98.5% of e-naira wallets have not been used even once, two years after their launch. More in #TCDaily.

LATAM fintech Clara raises $60m - Vimarsana News

LATAM fintech Clara raises $60m

Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD ​ in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.

Spend management firm Clara secures $60M amid rapid transaction growth in LatAm - Vimarsana News

Spend management firm Clara secures $60M amid rapid transaction growth in LatAm

Clara is working with 10,000 companies and reports an annual run rate of 5 million credit card transactions, equivalent to $1 billion.