FinTech news in Ventures Platform category

However, since the first close of this fund, Ventures Platform, which made a complete exit during Paystack’s sale to Stripe, has upped its game and now cuts Series A checks for its portfolio companies, some of which can directly access follow-on capital (Series B up) from the firm’s limited partners. First, Damilola Teidi, the former director of startup support at incubation hub CcHUB, heads the firm’s Platform and Networks team and Desigan Chinniah, an early engineer at eBay and well-known investor who has backed some African startups, joins the firm as a venture partner. Launch Africa, the VC firm that has backed over 100 startups, closes first fund at $36.3M Byld Ventures, a $15M fund, backs fintechs in Africa He launched an on-demand food delivery platform in the U.K. a decade ago, ran Starta, an advisory firm for upstarts and scale-ups on the continent, worked as a principal at Pan-African fund Novastar Ventures, and most recently, was the chief commercial officer (CCO) at QED-backed TeamApt.