FinTech news in Madica category

Launched today, Madica is a pan-African investment program that aims to offer funding, technology support and mentorship to underrepresented founders across the continent. And while venture capital and founder support programs within the continent are growing, a lot still remains to be done to meet the financing, technology and social capital needs of especially marginalized groups, like women founders. It is these gaps that continue to inspire the development of new programs like Madica by U.S.-based venture capital firm Flourish Ventures, which hopes to lessen the burdens of building startups. Venture studio Adanian Labs fuels startup growth in Africa Seedstars Africa Ventures appoints new partner to back more founders in the continent