Ecosystem News

How fintech and serial founders drove African pre-seed investing to new heights in 2020

4 hours 14 minutes ago
When Stripe-subsidiary Paystack raised its seed round of $1.3 million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria.  At the time, seven-figure seed investments in African startups were a rarity. But over the years, those same seed-stage rounds have become more common, with some very early-stage startups even […]
Tage Kene-Okafor

Sounding Board raises cash as startups wake up to executive coaching

18 hours 15 minutes ago
In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine Tao and Lori Mazan, the brains behind Sounding Board, want to train any leader within an organization to be a better leader. The San Francisco startup connects anyone […]
Natasha Mascarenhas

MotoRefi raises $10M to keep pedal on auto refinancing growth

19 hours 56 minutes ago
A month before the COVID-19 pandemic had spread to North America, auto fintech startup MotoRefi — newly armed with nearly $9 million in venture capital — was preparing to bring its refinancing platform to the masses. CEO Kevin Bennett, and the investors behind the company, saw the opportunity to service Americans who collectively hold $1.2 […]
Kirsten Korosec