African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in justtwelve months.
NBA Star Jrue Holiday And Olympian Lauren Holiday To Provide $1M In Grants To Black-Owned Businesses
NBA All-Star Jrue Holiday and his wife, who is two-time Olympic gold medalist, Lauren Holiday, are on an admirable mission to help more Black-owned businesses and Black-led nonprofits. In this third round of grant funding, the athletic superstar couple will continue Jrue’s 2019-2020 season commitment where he pledged to donate a portion of his salary to the couple’s organization. Grants will be provided to organizations and small businesses that are located in the Greater Milwaukee, New Orleans, Indianapolis, and Los Angeles areas with priority given to those with a focus on social impact
Karin Fuentesová started off her career in the accounting sector, where she worked for 13 years. While working there, she observed how much time is wasted by people doing mundane tasks, such as manual data entry of invoices into accounting systems. After taking notes, Fuentesová launched Digitoo, which automates manual bookkeeping processes. Founded in 2019, the founder struggled to find investors but in 2021, it raised €900k in seed funding from Czech investors Kaya VC and Nation 1. For Fuentesová this was a huge success because only 46% of founders raise more than
As its latest diversity report shows, Netflix has made more progress in regards to diversity and inclusion, and according to the report, as of last year, more than half of the Los Gatos company’s global workforce and more than half of its leadership was female. Meanwhile, nearly 11% of its US workforce is Black and about 9% is Hispanic or Latinx — proportions that are significantly higher than those at many other tech companies. All those figures rose significantly in 2021 from the year before, according to the report, and
Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies, and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. Founded in 2020 by Samuel Okwuada, a trained pharmacist and self-taught software developer, together with his co-founder Victor Benjamin – the company is said to be using part of the new funding will be used to extend the startup’s buy-now-pay-later offering, for an even wider reach. Okwuada started his entrepreneurial journey while still at the university, where he built SaaS products,
A new report from the Bureau of Labor Statistics found 4.3 million Americans quit their jobs in December alone. But the latest numbers also revealed that Latinas are exiting the workforce at higher rates than any other demographic, which economists are really concerned about. The research was released around about the same time that another report, by Russell Reynolds Associates, found that Black technology workers face professional barriers that lead to shorter average tenures than technology workers of other racial backgrounds. Russell Reynolds found that Black tech workers moved between employers every 3.5 years
Up to £23 million in government funding will create more AI and data conversion courses, helping young people from underrepresented groups including women, black people and people with disabilities join the UK’s world-leading Artificial Intelligence (AI) industry. Up to two thousand scholarships for master AI conversion courses, which enable graduates to do further study courses in the field even if their undergraduate course is not directly related, will create a new generation of experts in data science and AI. The UK has a long history in AI, from codebreaker Alan
Coalition to Back Black Businesses, co-founded by the US Chamber of Commerce Foundation, American Express, and four leading national Black business organizations – announced the 491 Black-owned small businesses that have been awarded funding. The organizations, which are based across 39 states, were each awarded a $5,000 grant as part of a multi-year grantmaking and mentorship initiative. The recipients will be eligible to apply for enhancement grants of $25,000, which will be provided to a select number of 2021 grantee recipients in July 2022. The group itself was formed back
Across industries, there’s a growing demand and prevalence of mentorship programs, but for people of color who are carving their own paths, mentors remain difficult to find. Science, technology, engineering, and math (STEM) careers are among the most valuable, fastest-growing, and highest-paying in the country, yet Latinas account for only 3% of the industry. That’s why we want to make sure you have the right resources and knowledge to help you land your dream gig. Latinas in Tech was founded in 2014 by Gretel Perera and RocÃo Medina with the hopes of creating
Dr. Shirley Ann Jackson is a phenomenal woman with an amazing track record. She graduated with excellent grades in high school, then entered the popular Massachusetts Institute of Technology (MIT) as one of 20 African-American students there. Jackson arrived at MIT in the fall of 1964 as one of just a handful of Black students. Later – in 1976, Dr. Jackson joined the Theoretical Physics Research Department at AT&T Bell Laboratories. At Bell, Dr. Jackson conducted a number of successful theoretical physics experiments and made breakthrough scientific research that enabled others to
