Flourish Ventures is a venture capital firm that invests in fintech startups, focusing on innovative financial solutions.
Madica Invests Up to $200K in AI Startups Anavid (Tunisia) and Hypeo AI (Morocco)
Madica has unveiled new investments in two AI-powered startups, Anavid and Hypeo AI. Both startups will receive up to USD 200K and join Madica’s 18-month growth program.
Madica Adds Two New AI Startups, Partners With ABAN to Boost Investment Flow
Madica has invested in two new startups: Anavid from Tunisia and Hypeo AI from Morocco. Each startup will receive up to $200,000 and participate in an 18-month mentorship program.
HoneyCoin raises $4.9M Seed to kill correspondent banking in Africa
HoneyCoin raised $4.9 million to expand its payment platform, led by Flourish Ventures. The funding round increased HoneyCoin's total funding to just over $5 million.
Kenya’s HoneyCoin raises $4.9 million to expand stablecoin cross-border payments into new markets
HoneyCoin raised $4.9 million in seed funding led by Flourish Ventures. The startup aims to capture a slice of Africa's $329 billion cross-border payments market.
Early-Stage Fintech Funding Trends in Africa
The number of fintech companies in Africa more than doubled between 2020 and 2024. Fintech sector revenue is projected to reach $230 billion by 2025.
