Flourish Ventures, a ‘fintech venture fund with a purpose,’ secures $350M in new capital

Flourish Ventures, an early-stage venture firm investing exclusively in fintech companies in the U.S. and in emerging markets, has secured $350 million in fresh capital, TechCrunch is the first to report. The new raise brings the four-year-old firm’s total assets under management to $850 million. Unlike traditional venture outfits, Flourish is...

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Triple-A gets funding from Peak XV to help more businesses use crypto

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their bank accounts the next day. Triple-A...

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Biden administration rolls out new consumer protections for borrowers

U.S. Secretary of Education Miguel Cardona speaks during the National Action Network's National Convention in New York on April 12, 2023.Jeenah Moon | ReutersThe Biden administration announced on Tuesday a finalized plan to improve its oversight of higher education institutions and to bolster consumer protections for student loan borrowers."We...

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