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NFX’s James Currier: Where unicorn ideas come from and why founders ‘have to keep pivoting’

NFX’s James Currier: Where unicorn ideas come from and why founders ‘have to keep pivoting’

Are you a seed-stage founder who’s building a unicorn? NFX Founding Partner James Currier would like to save you some time: Startups that grow into billion-dollar companies have three basic forms of defensibility. Network effects: Your product becomes more valuable as more people use it. Embedding: Integrate your services so deeply, customers “cannot rip them…

Kenya’s Fingo partners with Ecobank, launches neobank on the back of $4M investment

Kenya’s Fingo partners with Ecobank, launches neobank on the back of $4M investment

Yesterday, Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its kind in the East African country, according to the pair, in an event with the country’s president, William Ruto, in attendance.  It’s taken a while…