Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million

After 12 years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, is spinning off its financial inclusion investment arm as Flourish Ventures. Equipped with up to $300 million in capital for operations and investments, the new Flourish will […]

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Ex-Facebook exec Kirthiga Reddy becomes first female investor at SoftBank’s Vision Fund

Following speculation that SoftBank is hiring a China-based team, so the Japanese investment giant has brought on a first venture partner (and first female) for its $100 billion Vision Fund. Kirthiga Reddy, a former executive with Facebook, has taken the role and, in doing so, she becomes the first female member of SoftBank’s Vision Fund […]

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Humbition is a new fund led by the Indiegogo’s Slava Rubin

Zocdoc founder Cyrus Massoumi and Indiegogo founder Slava Rubin have created a new $30 million fund called Humbition aimed at early stage, founder-led companies in New York. “The fund is focused on connecting startups with investors and advisors experienced in building and growing successful businesses,” said Rubin. “We are seeking to fill a void in […]

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Insight Venture Partners buys content management platform Episerver for $1.1 billion

Episerver, the Irvine, California-based company which provides services for marketers to manage content, was bought by Insight Venture Partners for a cool $1.1 billion from the private equity firm Accel-KKR. The company said it would use the money to fuel its plans for global expansion “Episerver is at the center of a global digital transformation […]

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Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market

 After twelve years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business around while at dinner with his Brazilian wife….

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