Flourish Ventures, a Silicon Valley-based venture capital firm has opened a new office based in Nairobi as it targets to invest in startups across Africa who are building fintech solutions for consumers and small businesses.
The VC firm says the new office will focus on building its investment in Africa and adding to its growing portfolio of startups from Nigeria, Ghana, Egypt and Kenya that includes Apollo Agriculture, Fair Money, Financial Services Innovators (FSI), Flutterwave, Lendable, Pula and Paga.
The company has hired Efayomi Carr as Principal, who will manage the company’s operations in Nairobi and joins the firm’s Africa investment team that includes Managing Partner Arjuna Costa and Venture Partner Ameya Upadhyay.
“We are a deliberative and thesis-driven investor who want to help fintech entrepreneurs achieve real and broad impact across Africa,” said Carr.
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