Kiva Founder Turns Marc Andreessen’s Head Toward Africa

The new new thing in Silicon Valley? Global development. The latest data point: Venture capital powerhouse Andreessen-Horowitz’s investment in Branch, its first in a U.S.-based company targeting the Africa market. Branch has closed a $9.2 million series A round that also includes earlier investors Formation 8 and the Khosla Impact Fund. Andreessen-Horowitz is betting on Matt

Kiva Founder Turns Marc Andreessen’s Head Toward Africa

The new new thing in Silicon Valley? Global development. The latest data point: Venture capital powerhouse Andreessen-Horowitz’s investment in Branch, its first in a U.S.-based company targeting the Africa market. Branch has closed a $9.2 million series A round that also includes earlier investors Formation 8 and the Khosla Impact Fund. Andreessen-Horowitz is betting on Matt Flannery,

Capria Accelerator Backs First-Time Impact Fund Managers in Uganda, Guatemala and Zimbabwe

The amounts are small, but the leverage could be huge. The Capria Accelerator Fund announced the first three impact fund managers in which it has invested both capital and know-how. Managers of the three funds, from Uganda, Guatemala and Zimbabwe, last week completed a four-week intensive bootcamp in Capria’s hometown of Seattle. They each will

Using Cell Phone Data to Establish Credit Scores in Latin America

First-time borrowers face a classic chicken or the egg dilemma: a borrower needs a good credit score to get a loan but needs a track record of repaying loans to establish a good credit score. Increasingly though, another, more ubiquitous measure of creditworthiness is all consumers will need: their cell phone data. In Latin America, for

ImpactAlpha’s #DealFlow 3.21.2016: Investments in Education and Financial Services for Low-Income Indians

This week in impact investing news: India is again a hotbed of impact investment activity, with new debt and equity capital targeted at education and financial services for low-income populations. Israel appears to be fertile ground for social impact bonds, with the latest effort aimed at diabetes prevention. And the Canadian impact investment hub MaRS

Is the Developing World the Next Whitespace for Venture Capital? Fred Wilson Thinks So

It’s only halftime in the global mobile revolution. The first part largely redefined how rich countries accessed the Internet. The second part will reinvent how the developing world gets education, healthcare, financial services and other basic needs. [blockquote author=”Fred Wilson, Union Square Ventures” pull=”pullleft”]If you ask me where the next big whitespace for VC is…I would

ImpactAlpha’s #DealFlow 2.29.2016: FinTech, EdTech … and Impact in India

Edtech and fintech dominated the dealflow last week, and India continues to be a hotbed of impact investment activity. Boston education software firm Ellevation raised growth capital from some big names in tech; EduBridge got backing for its youth skills training model; and ATMs, perhaps the original fintech innovation, are considered a key to financial