{"id":1195181,"date":"2022-08-30T22:14:19","date_gmt":"2022-08-30T22:14:19","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/30\/embedded-finance-fintech-pezesha-raises-11m-pre-series-a-equity-debt-round\/"},"modified":"2022-08-30T22:14:19","modified_gmt":"2022-08-30T22:14:19","slug":"embedded-finance-fintech-pezesha-raises-11m-pre-series-a-equity-debt-round","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/30\/embedded-finance-fintech-pezesha-raises-11m-pre-series-a-equity-debt-round\/","title":{"rendered":"Embedded finance fintech Pezesha raises $11M pre-Series A equity-debt round \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p id=\"speakable-summary\"><em>To get a roundup of \u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT,<\/em> <em>subscribe here<\/em><em>.<\/em><\/p>\n<p>Hey, hey, hey! Good to have you back with us again. Today, we\u2019re mostly amazed at how quiet Twitter gets during Burning Man, and excited that we\u2019re doing a Labor Day sale for  Plus, if you\u2019ve been wanting to read our subscription site but you\u2019ve been holding off for whatever reason. \u2014 <a href=\"https:\/\/twitter.com\/ChristineMHall\" target=\"_blank\" rel=\"noopener\">Christine<\/a> and <a href=\"https:\/\/twitter.com\/Haje\" target=\"_blank\" rel=\"noopener\">Haje<\/a><\/p>\n<h2>The  Top 3<\/h2>\n<ul>\n<li><strong>Embed that finance<\/strong>: Pezesha, a Kenyan-based fintech startup, is flush with $11 million in new capital as it seeks to bridge the gap between access to financial products and\u00a0what is\u00a0a \u201c$330 billion financing deficit for the small enterprises that make up 90% of Africa\u2019s businesses,\u201d\u00a0<a href=\"https:\/\/twitter.com\/annienjanja\" target=\"_blank\" rel=\"noopener\" data-stringify-link=\"https:\/\/twitter.com\/annienjanja\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">Annie<\/a>\u00a0reports.<\/li>\n<li><strong>We\u2019re all connected<\/strong>: If you haven\u2019t yet seen yourself in one of your Twitter connection\u2019s Circles, you may soon. The social media giant is launching the \u201cClose Friends\u201d features globally, <a href=\"https:\/\/twitter.com\/indianidle\" target=\"_blank\" rel=\"noopener\">Ivan<\/a> reports. Add a bunch of people to your Circle and get tweeting.<\/li>\n<li><strong>No delivery for you<\/strong>: Delivery platform Gopuff has only been in Europe since November 2021, but <a href=\"https:\/\/twitter.com\/riptari\" target=\"_blank\" rel=\"noopener\">Natasha L<\/a> writes it made the decision to discontinue its service in Spain. She cites that perhaps this is to focus more on the United Kingdom market where revenue there is increasing 30% month over month.<\/li>\n<\/ul>\n<h2>Startups and VC<\/h2>\n<p>Initialized Capital was VC Garry Tan\u2019s answer to a need first highlighted by Y Combinator. As a partner at the accelerator from 2010 to 2015, Tan spent time working with companies to better understand what they needed from investors after they graduated. This week, he announced he\u2019s back at the helm at YC, and <a href=\"https:\/\/twitter.com\/nmasc_\" target=\"_blank\" rel=\"noopener\">Natasha M<\/a> interviewed him about what\u2019s next for Y Combinator.<\/p>\n<p>The company behind last summer\u2019s hot social app, Poparazzi, appears to be readying a round two following its $15 million Series A announced in June. A new listing in the App Store under the developer\u2019s account, TTYL, is teasing a pre-release app called Made with Friends, <a href=\"https:\/\/twitter.com\/sarahintampa\" target=\"_blank\" rel=\"noopener\">Sarah<\/a> reports.<\/p>\n<p>When the news hits your eye, like a big pizza pie, that\u2019s a-more-news:<\/p>\n<ul>\n<li><strong>Notification bubbles<\/strong>: Devin reports that, at long last, there\u2019s an underwater messaging app.<\/li>\n<li><strong>Money for laundering<\/strong>: Flush with fresh funds, U.K. \u201ceco laundry\u201d startup Oxwash raised $12 million to spin up its growth plans, <a href=\"https:\/\/twitter.com\/riptari\" target=\"_blank\" rel=\"noopener\">Natasha L<\/a> reports.<\/li>\n<li><strong>Faster when further afield<\/strong>: The U.K.\u2019s \u00a35 billion Project Gigabit gives out its first contract to connect rural areas to high-speed broadband, <a href=\"https:\/\/twitter.com\/psawers\" target=\"_blank\" rel=\"noopener\">Paul<\/a> reports.<\/li>\n<li><strong>PriceOye gets the Thiel seal of approval<\/strong>: Islamabad-based startup PriceOye offers a range of electronics products, including smartphones, TVs and home appliances. It just closed a round of funding from investors, including Peter Thiel, reports<a href=\"https:\/\/twitter.com\/JagmeetS13\" target=\"_blank\" rel=\"noopener\"> Jagmeet<\/a>.<\/li>\n<li><strong>Dodging the SPAC bullet<\/strong>: <a href=\"https:\/\/twitter.com\/alex\" target=\"_blank\" rel=\"noopener\">Alex<\/a> and <a href=\"https:\/\/twitter.com\/abracarioca\" target=\"_blank\" rel=\"noopener\">Anna<\/a> wrote a really interesting piece on TC+ (use \u201cDC\u201d for a 15% discount if you\u2019re not a subscriber yet) about SPACs, how they are falling apart, and how Europe may have dodged a bullet on that front.<\/li>\n<\/ul>\n<h2>How to communicate to your crypto community when things aren\u2019t going well<\/h2>\n<div id=\"attachment_2379027\" style=\"width: 1034px\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2379027\" class=\"wp-caption-text\"><strong>Image Credits:<\/strong> Peter Dazeley <span class=\"screen-reader-text\">(opens in a new window)<\/span> \/ Getty Images<\/p>\n<\/div>\n<p>Because it\u2019s a nascent industry that\u2019s largely unregulated, crypto companies are not generally skilled at crisis communications. (We\u2019re being generous here.)<\/p>\n<p>When a bank or financial services company experiences a massive security failure or a volatility shock, federal laws dictate how it must communicate with its customers. Crypto startups, however, must rely on their own best judgment.<\/p>\n<p>\u201cThere\u2019s little benefit in declaring that the sky is falling and begging your community for investment, but an overly rosy outlook won\u2019t fool anyone either,\u201d says Tahem Verma, co-founder and CEO of Mesha.<\/p>\n<p><em>(+ is our membership program, which helps founders and startup teams get ahead.<\/em><em> You can sign up here<\/em><em>.)<\/em><\/p>\n<h2>Big Tech Inc.<\/h2>\n<p>Last chance to get your game on in the Facebook Gaming app. The social media giant said it is shutting down its stand-alone app at the end of October, <a href=\"https:\/\/twitter.com\/AiishaMalik1\" target=\"_blank\" rel=\"noopener\">Aisha<\/a> reports. Don\u2019t worry, you can still find your games in Gaming on actual Facebook. When launching the separate app two years ago, it seemed to be more difficult than Facebook bargained for, so it decided to join \u2019em instead of beating \u2019em.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get a roundup of \u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, hey, hey! Good to have you back with us again. Today, we\u2019re mostly amazed at how quiet Twitter gets during Burning Man, and excited that we\u2019re doing a Labor Day sale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1195182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1195181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrity-gossip"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1195181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1195181"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1195181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1195181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1195181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1195181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}