Purple Elephant Ventures, Kenya’s tourism-focused startup studio, raises $1M pre-seed funding • TechCrunch

A Kenya-based venture studio with a focus on tourism, Purple Elephant Ventures (PEV), has raised $1 million pre-seed funding to build the next generation of startups that use technology to modernize the tourism sector. Investors participating in this round include Klister Credit Corp., a Canadian investment firm, The Untours Foundation, and a number of angel…

Fiserv, LG back Korea Credit Data as the SME-focused fintech startup raises another $24.7M • TechCrunch

In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation employees in the country, totaling about 17.1 million people, according to OECD data. To help meet SMEs’ financial needs in the country, Seoul-based fintech…

This startup wants to make it easier to report corporate wrongdoings • TechCrunch

From Edward Snowden’s government surveillance revelations through the Facebook and Cambridge Analytica data harvesting scandal and Twitter’s recent security pitfalls, whistleblowers have been the driving force behind some of the biggest news stories of recent years. But whistleblowing isn’t always about insiders shining a light on shady practices in governments or billion-dollar tech companies. Oftentimes,…