#Those ‘Founder mode’ memes keep coming

#Those ‘Founder mode’ memes keep coming

If you spend time on X or Threads, where snarky memes rise and fall, you’ve probably seen posts referencing “founder mode” over the last few days, like this: https://www.threads.net/@carnage4life/post/C_eaQAxyIcV Or maybe this: You may even have seen this parody about “goblin mode.” The chatter ties to a recent blog post that Y Combinator founder and…

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#Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in M Series B round

#Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach…

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#Former Citi, Battery VC has new 8M fund that helps startups land Prudential, Mutual of Omaha, others as investors and customers

#Former Citi, Battery VC has new $378M fund that helps startups land Prudential, Mutual of Omaha, others as investors and customers

PruVen Capital, a fintech and insurance tech venture fund founded by former Benchmark and Citi ventures VC Ramneek Gupta, has closed a new $378.5 million Fund II to invest in financial services and enterprise-focused startups. This second fund is significant because Gupta expanded it beyond a corporate fund with one main LP – Prudential Financial…

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#Accel, Docker and Reddis Execs join Disrupt 2024

#Accel, Docker and Reddis Execs join Disrupt 2024

As companies grapple with the challenge of developing a sustainable business without sacrificing their core principles, open source has evolved from a niche approach to software development into the business model of many successful tech companies. Its principles of transparency and collaboration have fueled innovation, but balancing these ideals with the practical demands of leading…

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#Validus, a Singapore-based digital SME lending platform, secures M debt financing to help enterprises in Indonesia

#Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia

Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. With…

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