Nigerian fintech startup, Zone, secures $8.5 million seed funding for blockchain-powered payment infrastructure expansion
Nigerian fintech startup, Zone, secures $8.5 million seed funding to expand its blockchain-powered payment infrastructure. With backing from leading investors, including TLcom Capital and Flourish Ventures, Zone aims to revolutionize payment transactions in Africa and beyond, leveraging its position as the continent’s first regulated blockchain network for payments.
FCC Seeks Input on Amnesty Period for Internet Service Providers
The Federal Communications Commission’s Wireline Competition Bureau is seeking input on a proposed ‘amnesty period’ for internet service providers who may default on their deployment commitments under funding awards received through the FCC’s Rural Digital Opportunity Fund or Connect America Fund Auctions. This proposal could potentially allow ISPs to relinquish funded areas without facing full default penalties and make those areas eligible for funding under states’ Broadband Equity, Access, and Deployment Programs.
Colombian Fintech Startup Bold Secures $50M in Series C Funding
Colombian fintech startup, Bold, secures $50M Series C funding round led by General Atlantic and other investors. The funding will be used for product development and expansion within Colombia. Bold specializes in low-cost payment terminals and recently obtained a financial institution license to offer businesses a bank account. Managing Director at General Atlantic, Luiz Ribeiro, expresses confidence in Bold’s potential. Established in 2019, Bold serves over 150,000 merchants monthly.
Indian Startup Investors Of 2023
Despite a decline in funding for Indian startups in 2023, investors continue to show faith in the ecosystem. The article explores the challenges faced by startups, the optimism for the future, and highlights the top startup investors of 2023.
Philadelphia High School Seniors Pitch Products Shark Tank-Style for Funding
Philadelphia High School Seniors Pitch Products Shark Tank-Style for Funding January 18, 2024 There’s a unique opportunity starting up at the Science Leadership Academy in Philadelphia. It’s giving its high school seniors an unusual platform to showcase their innovation and…