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Discover the power of your credit. Apply for credit in minutes with Finllect app and Build your credit score with recurring payments. Download now on the App Store and Play Store.

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Classified Arabia, leading free classified website for UAE, GCC and Middle East

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Follow the latest classified ads posted by Classified Arabia

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Finllect launches the first alternate credit score for the credit invisible in the MENA region

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Finllect launches the first alternate credit score for the credit invisible in the MENA region

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Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to “get in” on all major financial opportunities — whether it’s a car, home, education, or monthly credit card bills.

# data[].attributes.attachment_link.readable_text
Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills. Finllect has introduced a new-age easy, powerful, and smart alternative to traditional credit scoring for the MENA region that considers millions of data points that lenders often overlook to qualify thin file, no file and credit invisible consumers for credit instantly. It's not just about a credit score with Finllect. All users can instantly qualify for credit without any paperwork, waiting periods or unwanted interaction with banks in applying for credit.

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Finllect launches the first alternate credit score for the credit invisible in the MENA region

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Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills.

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Sequoia picks 15 startups for 1st batch of female founders program

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Sequoia picks 15 startups for 1st batch of female founders program

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Sequoia Capital India has chosen 15 startups for Sequoia Spark Fellowship, a new program for female founders in Southeast Asia and India.
The program’s first batch comprises 15 companies powered by 20 female founders from sectors including edtech, fintech, software as a service (SaaS), and cryptocurrency.

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Sequoia Capital India has chosen 15 startups for Sequoia Spark Fellowship, a new program for female founders in Southeast Asia and India.

The program's first batch comprises 15 companies powered by 20 female founders from sectors including edtech, fintech, software as a service (SaaS), and cryptocurrency. The founders are from India, Pakistan, Singapore, Indonesia, and Dubai.

The startups, which are at the pre-launch or pre-product-market-fit stage, will each get a US$100,000 grant from Sequoia.

"They'll take part in monthly mentorship sessions, have access to select Surge sessions, and receive hands-on support from Sequoia India portfolio specialists across hiring, legal, finance, product, technology, and marketing," said the VC firm in a statement.

Each founder has been matched to two mentors: a senior Sequoia India investment advisor and to a startup founder from the firm's portfolio. The program is expected to last around 12 months.

Here are the winners of the first Sequoia Spark Fellowship:

Airschool, a Singapore-based SaaS tool that makes it easy for experts and brands to launch their online course business, build an audience and make money

Ascend Now, a edtech platform based in Singapore that allows students to choose what, how and why they learn while providing them with a strong, well-rounded academic profile for college

Early Steps Academy, a Bengaluru-headquartered platform offering live online classes on over 1,000 essential subjects like bioengineering, entrepreneurship, and cryptocurrency

Findeed, a financial services platform for working-class Indians

Finllect, a platform based in Dubai that helps users build credit scores, access credit, and unlock better financial opportunities.

Friz, a Singapore-based neobank aimed at freelancers in South and Southeast Asia

Jify, a startup that enables employees in India to instantly access, track, save and manage their pay

Linecraft AI, a India-based SaaS platform that optimizes manufacturing lines

Loop Panel, an Indian startup that helps convert customer conversation data into shareable, actionable insights

Milky Way AI, a computer vision-powered mobile app that allows consumer packaged goods brands in Singapore to gain real-time insights on their products stocked across millions of store shelves

Nume Crypto, a startup that makes cryptocurrency-based payment transactions easy to initiate and economical to process

Rowy, a open-source, low-code platform based in Singapore that allows developers to build prototypes that scale in a visual and intuitive way

Sribuu, a personal finance management platform that provides a 360 overview of finances for young users in Indonesia

The Nestery, a one-stop shop for curated parenting and childcare products

A startup in stealth mode

Applications for second batch of Spark Fellowship will open in the second quarter of 2022.

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Sequoia picks 15 startups for 1st batch of female founders program

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Sequoia Capital India has chosen 15 startups for Sequoia Spark Fellowship, a new program for female founders in Southeast Asia and India. The program's first batch comprises 15 companies powered by 20 female founders from sectors including edtech, fintech, software as a service (SaaS), and cryptocurrency.

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First alternate credit score for the credit invisible in the MENA region

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First alternate credit score for the credit invisible in the MENA region

# data[].attributes.body
Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments.

# data[].attributes.attachment_link.readable_text
Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments.

Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills. Finllect has introduced a new-age easy, powerful, and smart alternative to traditional credit scoring for the MENA region that considers millions of data points that lenders often overlook to qualify thin file, no file and credit invisible consumers for credit instantly. It's not just about a credit score with Finllect. All users can instantly qualify for credit without any paperwork, waiting periods or unwanted interaction with banks in applying for credit.

"Fair and equitable access to credit is a universal issue, which if ignored creates severe impediments for an economy. Given that the MENA region is not party to a transnational credit reference agreement, such as Experian, FICO or Trans guard, borrowers can often rejected on the basis of decisions made at whim or those that are heavily influenced by traditional data, which does not seem much about a borrower's creditworthiness" said Maimoona Mohammed, Founder and CEO of Finllect.

Finllect is on a mission to transform credit, making it a space that empowers people and helps them thrive by removing the victimization from the hard-coded bias in an age-old system.

With Finllect, millennials can build, identify, report, manage and repair credit all on one platform. "Our goal is to help you build a credit score and build the life of your dreams. Our approval process is quick, easy and will never impact your credit score. After approval, we give you all the tools, insights and information you need to build positive credit history and track your score" said Monica Manoj, COO of Finllect.

Each payment that a user makes contributes towards their credit score. Users can seamlessly link all of their bank accounts to the Finllect app. "Every on-time payment will help you build your credit. All it takes is one click, and we'll send you reminders to make sure. Our proprietary technology allows everyone, especially those without a credit history, to have a fair and equal chance to access credit."

Finllect reports each prospective borrower's score to lenders directly through its APIs and offers them the right insights and infrastructure to make informed decisions about applicants.

Having built a first of its kind credit scoring engine and a revolutionary lending experience for the next-generation, Finllect is now gearing up to launch the first credit boosting card for the MENA region. The Finllect card combines the safety and predictability of a debit card with the lucrative rewards and benefits of a credit card without running any checks on a user. The card has no fees, no interest rates or hard-coded requirements, making it the choice of the next-generation that is keen to discover a new approach to credit.

Finllect provides lenders with insights into a prospective pipeline of borrowers through our plug-and-play infrastructure. Finllect's credit score engine distills transactional data into proven predictive insights that can be incorporated into scorecards and policies.

Finllect resolves the disjoint in the MENA's consumer credit market around by leveraging the right intelligence and infrastructure that allows lenders to make their loan book relevant to their audience and target your customers in the right way.

# data[].attributes.attachment_link.title
Finllect launches the first alternate credit score for the credit invisible in the MENA region

# data[].attributes.attachment_link.description
Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments. Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - [...]

# data[].attributes.headline
First Alternate Credit Score for the Credit Invisible in the MENA Region

# data[].attributes.subject
First Alternate Credit Score for the Credit Invisible in the MENA Region

# data[].attributes.body
Finllect has introduced a new-age easy, powerful, and smart alternative to traditional credit scoring for the MENA region that considers millions of data points that lenders often overlook to qualify thin file, no file, and credit invisible consumers for credit instantly.

# data[].attributes.attachment_link.readable_text
Dubai, United Arab Emirates Mar 7, 2022 (Issuewire.com) - Finllect launches the first alternate credit score for the credit invisible in the MENA region
Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments.
Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills. Finllect has introduced a new-age easy, powerful, and smart alternative to traditional credit scoring for the MENA region that considers millions of data points that lenders often overlook to qualify thin file, no file, and credit invisible consumers for credit instantly. It's not just about a credit score with Finllect. All users can instantly qualify for credit without any paperwork, waiting periods, or unwanted interaction with banks in applying for credit.

"Fair and equitable access to credit is a universal issue, which if ignored creates severe impediments for an economy. Given that the MENA region is not a party to a transnational credit reference agreement, such as Experian, FICO, or Trans guard, borrowers can often be rejected on the basis of decisions made at whim or those that are heavily influenced by traditional data, which does not seem much about a borrower's creditworthiness" said Maimoona Mohammed, Founder, and CEO of Finllect.

Finllect is on a mission to transform credit, making it a space that empowers people and helps them thrive by removing the victimization from the hard-coded bias in an age-old system.

With Finllect, millennials can build, identify, report, manage and repair credit all on one platform. "Our goal is to help you build a credit score and build the life of your dreams. Our approval process is quick, easy, and will never impact your credit score. After approval, we give you all the tools, insights, and information you need to build positive credit history and track your score" said Monica Manoj, COO of Finllect.

Each payment that a user makes contributes towards their credit score. Users can seamlessly link all of their bank accounts to the Finllect app. "Every on-time payment will help you build your credit. All it takes is one click, and we'll send you reminders to make sure. Our proprietary technology allows everyone, especially those without a credit history, to have a fair and equal chance to access credit."

Finllect reports each prospective borrower's score to lenders directly through its APIs and offers them the right insights and infrastructure to make informed decisions about applicants.

Having built a first-of-its-kind credit scoring engine and a revolutionary lending experience for the next generation, Finllect is now gearing up to launch the first credit-boosting card for the MENA region. The Finllect card combines the safety and predictability of a debit card with the lucrative rewards and benefits of a credit card without running any checks on a user. The card has no fees, no interest rates, or hard-coded requirements, making it the choice of the next generation that is keen to discover a new approach to credit.

Finllect provides lenders with insights into a prospective pipeline of borrowers through our plug-and-play infrastructure. Finllect's credit score engine distills transactional data into proven predictive insights that can be incorporated into scorecards and policies.

Finllect resolves the disjoint in the MENA's consumer credit market around by leveraging the right intelligence and infrastructure that allows lenders to make their loan book relevant to their audience and target your customers in the right way.

Contact Details:
For further details, please contact hello@finllect.ae
Website: https://www.finllect.ae/
Media Contact
Press and Support at Finllect*****@finllect.ae https://www.finllect.ae

Source : Finllect (Digital Technologies) Ltd

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Finllect launches the first alternate credit score for the credit invisible in the MENA region - IssueWire

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Dubai, United Arab Emirates Mar 7, 2022 (Issuewire.com) - Finllect launches the first alternate credit score for the credit invisible in the MENA region Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments.

# data[].attributes.headline
Finllect Launches The First Alternate Credit Score

# data[].attributes.subject
Finllect Launches The First Alternate Credit Score

# data[].attributes.body
Finllect has kickstarted a credit revolution that enables thin credit or no credit consumers to build a credit score through open banking and unlock better access to credit by owning their payments.

# data[].attributes.attachment_link.readable_text
Mar 14, 2022 (AB Digital via COMTEX) -

Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills. Finllect has introduced a new-age easy, powerful, and smart alternative to traditional credit scoring for the MENA region that considers millions of data points that lenders often overlook to qualify thin file, no file and credit invisible consumers for credit instantly. It's not just about a credit score with Finllect. All users can instantly qualify for credit without any paperwork, waiting periods or unwanted interaction with banks in applying for credit.

"Fair and equitable access to credit is a universal issue, which if ignored creates severe impediments for an economy. Given that the MENA region is not party to a transnational credit reference agreement, such as Experian, FICO or Trans guard, borrowers can often rejected on the basis of decisions made at whim or those that are heavily influenced by traditional data, which does not seem much about a borrower's creditworthiness" said Maimoona Mohammed, Founder and CEO of Finllect.

Finllect is on a mission to transform credit, making it a space that empowers people and helps them thrive by removing the victimization from the hard-coded bias in an age-old system.

With Finllect, millennials can build, identify, report, manage and repair credit all on one platform. "Our goal is to help you build a credit score and build the life of your dreams. Our approval process is quick, easy and will never impact your credit score. After approval, we give you all the tools, insights and information you need to build positive credit history and track your score" said Monica Manoj, COO of Finllect.

Each payment that a user makes contributes towards their credit score. Users can seamlessly link all of their bank accounts to the Finllect app. "Every on-time payment will help you build your credit. All it takes is one click, and we'll send you reminders to make sure. Our proprietary technology allows everyone, especially those without a credit history, to have a fair and equal chance to access credit."

Finllect reports each prospective borrower's score to lenders directly through its APIs and offers them the right insights and infrastructure to make informed decisions about applicants.

Having built a first of its kind credit scoring engine and a revolutionary lending experience for the next-generation, Finllect is now gearing up to launch the first credit boosting card for the MENA region. The Finllect card combines the safety and predictability of a debit card with the lucrative rewards and benefits of a credit card without running any checks on a user. The card has no fees, no interest rates or hard-coded requirements, making it the choice of the next-generation that is keen to discover a new approach to credit.

Finllect provides lenders with insights into a prospective pipeline of borrowers through our plug-and-play infrastructure. Finllect's credit score engine distills transactional data into proven predictive insights that can be incorporated into scorecards and policies.

Finllect resolves the disjoint in the MENA's consumer credit market around by leveraging the right intelligence and infrastructure that allows lenders to make their loan book relevant to their audience and target your customers in the right way.

COMTEX_404132964/2555/2022-03-14T21:33:58
Is there a problem with this press release? Contact the source provider Comtex at The MarketWatch News Department was not involved in the creation of this content. editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

# data[].attributes.attachment_link.title
Finllect launches the first alternate credit score for the credit invisible in the MENA region

# data[].attributes.attachment_link.description
Mar 14, 2022 (AB Digital via COMTEX) - Building credit has never been straightforward or easy. Good credit scores are a gatekeeper to "get in" on all major financial opportunities - whether it's a car, home, education, or monthly credit card bills.

# data[].attributes.body
Finllect is an application for consumers who are new to financial services or do not have a pre-existing credit history to build credit, prequalify for financial services, and automate their finances. Instead of analysing income, credit history, or credit utilisation, Finllect enables thin file or no file consumers to build credit using recurring micro-payments and their ability to meet budgets.

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Finllect Digital Technologies Ltd.'s TED Profile

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Finllect Digital Technologies Ltd. is a member of TED's global online community. Ideas spread because of people.

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Build Your Credit Score with Everyday Payments

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Build Your Credit Score with Everyday Payments

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How much does bad credit cost you? Finllect offers the region’s first credit boosting card for next-generation that helps to build and get credit. Sign-up to the waitlist to join the movement today.

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Finllect Card - Build Your Credit Score With Everyday Payments

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Finllect offers the region’s first credit boosting card for next-generation that helps to build and get credit. Sign-up to the waitlist to join the movement today.

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Top Fintech Companies in United Arab Emirates

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Top Fintech Companies in United Arab Emirates

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This article showcases our top picks for the best United Arab Emirates based Fintech companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.

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These are the Top Fintech (Financial Technology) Companies in United Arab Emirates (2021)

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This article showcases our top picks for the best United Arab Emirates based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow. We…

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Sequoia India Perkenalkan Kohort Pertama dari Sequoia Spark

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Sequoia India Perkenalkan Kohort Pertama dari Sequoia Spark

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Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

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Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

Dengan menyediakan pendampingan langsung yang mendalam kepada 15 startup yang dipimpin oleh perempuan setiap tahunnya dan modal cukup sebagai biaya awal untuk memulai usaha, program ini diharapkan dapat membuat langkah kecil yang bermakna untuk memperbaiki ketidakseimbangan gender yang masif yang terjadi saat ini di dunia startup.

Di tahun 2020, hanya 12% dari startup yang didukung modal ventura di India dan 20% di ASEAN memiliki setidaknya satu pendiri perempuan, menurut data yang bersumber dari Tracxn dan Crunchbase. Data ini membuktikan bahwa harus ada yang berubah dalam industri ini.

Para penerima pertama dari Sequoia Spark Fellowship akhirnya diumumkan. Kohort beragam yang terdiri dari 15 perusahaan, yang dipersembahkan oleh 21 founder perempuan yang terdiri dari berbagai macam bidang, termasuk EdTech, FinTech, SaaS dan Crypto.

Kohort ini menggabungkan tujuh startup dari Asia Tenggara, tujuh dari India dan satu dari Uni Arab Emirat. Setengah dari startup-startup di kohort ini sedang membangun perusahaan global dari awal.

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Sequoia India Perkenalkan Kohort Pertama dari Sequoia Spark

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Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

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Sequoia India Kenalkan Kohort Pertama Spark, Dua dari Indonesia

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Sequoia India Kenalkan Kohort Pertama Spark, Dua dari Indonesia

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Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

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tirto.id - Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

Dengan menyediakan pendampingan langsung yang mendalam kepada 15 startup yang dipimpin oleh perempuan setiap tahunnya dan modal cukup sebagai biaya awal untuk memulai usaha, program ini diharapkan dapat membuat langkah kecil yang bermakna untuk memperbaiki ketidakseimbangan gender yang masif yang terjadi saat ini di dunia startup.

Pada 2020, hanya 12% dari startup yang didukung modal ventura di India dan 20% di ASEAN memiliki setidaknya satu pendiri perempuan, menurut data yang bersumber dari Tracxn dan Crunchbase. Data ini membuktikan bahwa harus ada yang berubah dalam industri ini.

Para penerima pertama dari Sequoia Spark Fellowship akhirnya diumumkan. Kohort beragam yang terdiri dari 15 perusahaan, yang dipersembahkan oleh 21 founder perempuan yang terdiri dari berbagai macam bidang, termasuk EdTech, FinTech, SaaS dan Crypto.

Kohort ini menggabungkan tujuh startup dari Asia Tenggara, tujuh dari India dan satu dari Uni Emirat Arab. Setengah dari startup-startup di kohort ini sedang membangun perusahaan global dari awal.

Para founder tersebut datang dari Indonesia, Singapura, India, Pakistan, dan Dubai, dan usia mereka berkisar dari awal dua puluhan hingga akhir empat puluhan.

Beberapa dari para founder ini telah menghabiskan tahunan bekerja dalam peranan operasional, dan sekarang mereka memulai startup; ada juga beberapa yang baru saja lulus beberapa tahun dari perguruan tinggi.

Banyak juga dari mereka yang sibuk membagi waktu dan peran mereka dalam karir dan keluarga. Para founder perempuan ini mewakili India dan Asia Tenggara baru.

Mereka mendobrak batasan, menolak didikte oleh orang lain. Mereka sangat fokus, haus, ambisius dan kuat.

Pendaftaran untuk Spark Fellowship pertama telah ditutup pada bulan September, dan ratusan jam telah dihabiskan oleh tim Sequoia India selama beberapa bulan terakhir untuk bertemu dengan para founder perempuan yang menjanjikan di kawasan ini.

Jumlah dan kualitas permohonan yang terkumpul menghilangkan mitos bahwa adanya kekurangan founder perempuan di luar sana.

"Kami bertemu lebih dari 250 wanita secara pribadi. Banyak yang memiliki latar belakang luar biasa dengan pengalaman industri yang mendalam. Memilih 15 startup adalah proses yang sangat sulit yang memakan waktu berbulan-bulan," kata Sakshi Chopra, Managing Director dari Sequoia India, dalam rilis yang diterima Tirto, Rabu, (8/12).

Di dalam Spark 01 termasuk dua startup Indonesia yang dipimpin oleh perempuan, satu masih dirahasiakan, yang akan diluncurkan nantinya, dan satu lagi adalah sebuah platform manajemen keuangan pribadi bernama Sribuu.

Founder Sribuu yang terdiri dari tiga perempuan Indonesia Fransisca Susan, Nadia Amalia, dan Nadia Fadhila, yang sudah melihat secara nyata dampak dari kurangnya literasi keuangan dan alat tepat untuk mengatur keuangan meluncurkan platform dengan misi untuk memberdayakan penggunanya untuk meraih tujuan keuangan mereka dengan langkah-langkah kecil tambahan.

Sribuu membuat kemudahan untuk orang Indonesia mengerti kondisi keuangan mereka dengan mengumpulkan rekening-rekening keuangan mereka dalam satu tempat.

Dalam beberapa bulan setelah peluncuran, Sribuu memiliki 80.000 pengguna, di mana kebanyakan adalah perempuan dan pemilik usaha kecil.

Para founder tersebut telah dijodohkan dengan seorang penasihat investasi senior dari Sequoia India, dan seorang founder startup berpengalaman dari portfolio Sequoia Capital India, yang akan memberikan bimbingan kepada para founder selama 12 bulan mendatang.

Para mentor untuk Sequoia Spark termasuk founder seperti Shinta Nurfauzia dari Lemonilo, Ankiti Bose dari Zilingo, Siu Rui dari Carousell, Julian Artope dari Zenyum, Winnie Lee dari Appier and Hande Cilingir dari Insider.

Bimbingan ini akan menjadi bagian penting dalam membangun produk yang kuat dan peta jalan go-to-market yang akan membantu memobilisasi putaran unggulan dan Seri A mereka.

Program Spark telah dirancang dengan cermat untuk membantu para pendiri perempuan pada tahap pra-peluncuran atau pra-PMF (product market fit) menanamkan fondasi dari perusahaan yang bertahan lama.

Pendiri Spark 01 juga akan memiliki akses untuk memilih sesi-sesi tertentu dari Surge, dan menerima dukungan langsung dari para spesialis dalam portofolio Sequoia India di bidang perekrutan, produk, hukum, keuangan, teknologi, dan pemasaran.

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Sequoia India Kenalkan Kohort Pertama Spark, Dua dari Indonesia

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tirto.id - Sequoia India meluncurkan Sequoia Spark Fellowship pada bulan Juli tahun ini, sebuah program dana hibah sebesar US$100.000 beserta pendampingan untuk mengajak lebih banyak perempuan di India dan kawasan Asia Tenggara untuk menjadi entrepreneur.

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First cohort of Sequoia Spark Fellowship for women entrepreneurs to kickstart this month

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First cohort of Sequoia Spark Fellowship for women entrepreneurs to kickstart this month

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The fellowship will cover the early cost of starting up and offer access to monthly mentorship sessions, select Surge sessions, and receive hands-on support from Sequoia India portfolio specialists, across hiring, legal, finance, product, technology, and marketing.

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﻿Sequoia Capital﻿ on Wednesday announced the first cohort of Sequoia Spark Fellowship - a $100K equity-free grant and mentorship programme - comprising 15 startups and 20 women entrepreneurs from India and Southeast Asia.

It was started as a step to correct the gender imbalance in the startup ecosystem where startups with at least one woman founder make up for only 12 percent of venture-backed startups in India and 20 percent in ASEAN.

Sakshi Chopra, Managing Director of Sequoia India, said the cohort features India's first women crypto founders Madhumitha Harishankar and Niveda Harishankar, who launched Nume Crypto this year.

Hailing from India, Pakistan, Indonesia, Singapore, and UAE, the cohort has a mix of entrepreneurs building products across fintech, edtech, SaaS, and consumer internet sectors.

"We were blown away by the ideas, intensity, and the passion of these applicants. Many have stellar backgrounds with deep industry experience and while some of the ideas were quite raw, the quality of those ideas were very strong. Selecting 15 startups was an incredibly hard process that took many months but we are very excited to see how this cohort shapes up," Sakshi said.

The fellowship will cover the early cost of starting up and offer access to monthly mentorship sessions, select Surge sessions, and receive hands-on support from Sequoia India portfolio specialists, across hiring, legal, finance, product, technology, and marketing.

Sequoia India claims the programme has been carefully designed to help female founders in their pre-launch or pre-product-market fit stage to lay the foundations to build a strong company for the next 12 months. The founders have each been matched to a senior Sequoia India investment advisor and a seasoned startup founder from Sequoia Capital India's portfolio for the same.

The selected startups are Airschool, Ascend Now, Early Steps Academy, Findeed, Finllect, Friz, Jify, Linecraft AI, Loop Panel, Milky Way AI, Nume Crypto, Rowy, Sribuu, The Nestery, and Stealth.

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First cohort of Sequoia Spark Fellowship for women entrepreneurs to kickstart this month

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﻿Sequoia Capital﻿ on Wednesday announced the first cohort of Sequoia Spark Fellowship - a $100K equity-free grant and mentorship programme - comprising 15 startups and 20 women entrepreneurs from India and Southeast Asia.

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Sequoia Capital picks up first cohort of its Sequoia Spark Fellowship

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Sequoia Capital picks up first cohort of its Sequoia Spark Fellowship

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The $1,00,000 equity-free grant is given to women entrepreneurs in India and Southeast Asia, the firm said. It will offer mentorship to 15 women-led startups and capital to cover some of the early costs of starting up, Sequoia said.

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Sequoia Capital picks up first cohort of its Sequoia Spark Fellowship

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The $1,00,000 equity-free grant is given to women entrepreneurs in India and Southeast Asia, the firm said. It will offer mentorship to 15 women-led startups and capital to cover some of the early costs of starting up, Sequoia said.

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Sequoia Capital picks up first cohort of its Sequoia Spark Fellowship

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The $1,00,000 equity-free grant is given to women entrepreneurs in India and Southeast Asia, the firm said. It will offer mentorship to 15 women-led startups and capital to cover some of the early costs of starting up, Sequoia said.

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Finllect Digital Technologies Ltd. on Behance

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Finllect is an application for thin file or no file customers to build credit, prequalify for financial services and automate their finances.