• Nigerian online-only bank startup Kuda raises $1.6M

    8 days ago - By Tech Crunch

    Nigerian fintech startup Kuda - a digital-only retail bank - has raised $1.6 million in pre-seed funding.
    The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to other fintech startups.
    “Kuda is the first digital-only bank in Nigeria with a standalone license. We're not a mobile wallet or simply a mobile app piggybacking on an existing bank,” Kuda bank founder Babs Ogundeyi told TechCrunch.
    “We have built our own full-stack banking...
    Read more ...

     

  • Mondelez SnackFutures Startup Talks About The Benefits of Incubation for Innovation

    Mondelez SnackFutures Startup Talks About The Benefits of Incubation for Innovation

    8 days ago - By Forbes

    Food and beverage incubators, accelerators, and venture groups are all the rage these days. But what's it like to be a participant in one? Barb Stuckey talks to the founder of Uplift Food, a past participant in Food-X who is currently involved with Mondelez SnackFutures.
    Read more ...

     

  • Here's the pitch deck that cannabis-beverage startup K-Zen used to raise $5 million from seasoned Silicon Valley VC firm DCM Ventures

    Here's the pitch deck that cannabis-beverage startup K-Zen used to raise $5 million from seasoned Silicon Valley VC firm DCM Ventures

    8 days ago - By Business Insider

    The cannabis-infused-beverage startup K-Zen raised $5 million from the venerable Silicon Valley venture firm DCM Ventures in May.
    K-Zen co-CEO Judy Yee told Business Insider that the startup tailored its fundraising approach to investors who would be willing to invest in cannabis, as most mainstream venture funds are still reticent about the space .
    K-Zen is now in the early stages of raising fresh capital. Read on to see the full pitch deck that K-Zen used to raise its seed round.
    Subscribe here for our weekly cannabis newsletter, Cultivated .
    For cannabis startups, particularly ones that...
    Read more ...