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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
Over the last three years, Ho Chi Minh City-based Medigo has grown to 500,000 active users by providing 24/7 one-demand prescription delivery services. The new capital will allow Medigo to expand its remote doctor consultations, medicine delivery services and home testing services, including blood tests, urine tests and pregnancy tests.
Lopez said advance doctor bookings aren’t the norm in Vietnam. The company, which took part in Harvard’s Launch Lab X, plans to launch telehealth and pharmacy services as well. We are proud to be supporting Docosan’s vision of better healthcare access for all.”. to increase access to quality healthcare in Bangladesh.
The trial service will be available in more than 80 cities attracting Chinese tourists across South Korea, Singapore, Malaysia, Indonesia, Vietnam, and other regions. The service includes a Chinese-language interface, online payment, and customer support in Chinese, making it easier for users from China to hail rides abroad.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. This will include the launch of “credit cards as a service” in the U.S. Railsbank is a utility for the complete financial services backend: platform, connectivity, operations, scheme memberships (e.g.
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).
According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. For many, this makes it is difficult to secure loans and other services because they don’t have traditional financial records like a credit score. Jeff currently claims more than 300,000 users in Vietnam.
Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9 million seed funding round led by La Famiglia VC.
Based in San Francisco and Ho Chi Minh City, ELSA announced today it has raised a $15 million Series B, led by VI (Vietnam Investments) Group and SIG. In addition to Latin America, ELSA will also focus on expanding in Vietnam, India and Japan, where it saw high demand last year. ELSA’s English pronunciation feedback.
We proudly welcome NGO partners Vietnet-ICT and the Lin Centre in Vietnam, as well as ASEAN Foundation , Kopernik Marketplace , and YCAB Foundation in Indonesia to the TechSoup Global family. They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia.
MFast , a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 It partners with financial institutions who provide services like loans and insurance, and says it has been used to distribute more than 50 billion VND (about $2.2 million pre-Series A today.
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. For service providers, Jeff serves as a distribution channel, helping them find and retain customers. It also plans to enter the Philippines in the third quarter.
YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam. Right now in Vietnam, buying property is really painful. And if you look at the historical track record of real estate in Vietnam, it’s really good.”. co, one of the largest property portals in Singapore and Indonesia.
Where available, users can access them by tapping the “lyrics” card at the bottom of the service’s “Now Playing” screen. The service has actually worked with Musixmatch previously, before breaking ties with the company in 2016. The new feature uses lyrics provided by Musixmatch, and will be shown in the song’s language.
Viva Republica, the Seoul-based fintech company behind Toss , a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year. million users.
Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 The e-wallet service also serves as a payment channel for B2B, ranging from big brands to local SME owners as well as street market entrepreneurs.
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility. The company says that it saw $10 billion in annualized transaction volumes last year.
Being “underbanked” doesn’t mean that someone lacks access to financial services. Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial servicesaccess to user data, with their consent.
Nano Technologies, a startup that lets workers in Vietnamaccess their earned wages immediately through an app called VUI , has raised $3 million in seed funding. In the rest of the world, other companies that offer similar services include Square, London-based Wagestream and Gusto).
The Vietnam War and Big Data: A Case Study in Machine Learning Robert S. It was his work as Secretary of Defense during the Vietnam War, though, that connects him to what we now call data science and big data analytics. At a high-level, winning the Vietnam War What is the key uncertainty he hoped to solve? Fair question.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. It plans to do the same for other crypto services like payments. In some countries where Pillow has partnered with local, compliant on-ramp service providers, users can also buy crypto with their local fiat currency.
Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers several consumer services, including food delivery, financial services, such as an e-wallet so that you can send and receive money. It expects to see the total addressable market jump from $52 billion to $180 billion by 2025.
“With this acquisition, we will not only be able to further digitally serve the financing need of these SMEs to grow but also offer them business accounts, spend management solutions, and payment services to manage their business,” Goel told TechCrunch. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6
Founded by fintech veterans last year, Brick develops APIs that make it easier for tech companies to add identity verification and access financial data from their users. More than three-fourths of Southeast Asia’s population is unbanked or underbanked , meaning that don’t have a bank account or access to traditional lending services.
But many lack access to working capital and, especially before the pandemic, managed their finances using manual processes like spreadsheets. KoinWorks is headquartered in Jakarta, with holding in Singapore and tech offices in Yogyakarta, India and Vietnam.
Kredivo Holdings , which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The company’s products include online and offline buy now, pay later, personal loans, credit cards and banking services through Krom.
The onset of COVID-19 and its disproportionate impact on black and brown communities pushed the social sector to pivot, stretch and temporarily shutter programs in service to a singular goal: survival. Some programs won’t survive in a post-pandemic service model, and that’s okay.
. “They have a ton of experience in investing in global IT services, companies like Cognizant and GlobalLogic,” said co-founder and CEO Jonathan Siddharth of its lead investor in an interview the other day. Once software ate the IT services industry, what would Accenture look like?” Wei Guo, Ellen Ma?),
The logistics infrastructure was built using a combination of in-house and external services to fulfill demand from social commerce and business buyers, Jong said. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed.
” He notes that a lot of the remittance services have been less than reliable, another area to improve for those looking to be more competitive. “We couldn’t be more excited to be joining them on our mission to bring low-cost, accessible, cross-border financial products to underserved diaspora populations around the world.”. “I
The startup’s new investment from Central Capital Ventura will help it develop its services for users with bank accounts, since it will be able to partner with BCA to access their customers’ data. And we’re also exploring expanding into new markets, like the Philippines and Vietnam.”.
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. About 40% of startups in Korea use QuotaBook’s service that provides cap table management, according to Choi.
The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia.
million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. Accessing this data gives financial institutions a sense of the consumer’s assets and liabilities, and can be used to perform things like income estimates, credit checks and gauge ability to repay.
As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. Both Payfazz and Xfers are Y Combinator alums, and want to make financial servicesaccessible to more Southeast Asians, even if they don’t have a bank account.
The company describes itself as building out financial services and digital payments infrastructure “in which the next generation of Southeast Asian SaaS companies can be built on top of,” or put more simply, it aspires to be the Stripe of Southeast Asia. The pandemic also led to Xendit branching out.
It’s the easiest option when I’m trying to be succinct, but Southeast Asia consists of 11 countries, and obviously there are huge differences between, say, Singapore, Myanmar, Laos, Vietnam, the Philippines and Indonesia. Some other startups that target SMEs include earned wage access and payroll management platform GajiGesa and Wagely.
Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
Resellee was co-founded last year by chief executive officer Marc Concio, former head of e-commerce at Voyager Innovations, parent company of PayMaya, one of the Philippines’ largest online payment services. Resellee sellers typically make about P5,000, or US $100, a month.
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. Pintu racked up $113 million in financing in June to offer crypto trading services to Indonesians. Now a startup called SerMorpheus is hoping to connect brands and consumers through digital assets.
The only clear difference between the two companies is that TradeX is targeting higher income Indians and Better Opinions is branding itself more around inclusivity and accessibility. Tradezi is a months-old, Ho Chi Minh City, Vietnam-based startup that calls itself the “Robinhood for Southeast Asia.” Firezone and Netmaker.
In the first real test of the potentially transformative power of its food-preserving technology, Santa Barbara, California-based Apeel Sciences is bringing its innovative food treatment and supply chain management services to distribution centers in select markets in Asia, Africa and Latin America.
valuation After its SPAC deal failed to consummate, consumer trading service eToro was left without an expected new tranche of capital and a new valuation mark. But while we wait for the reawakening of a key exit point for startups, we can still keep tabs on where and how the money is flowing into their world.
More vrooms, less fumes : Dat Bike is the creator of Vietnam’s first domestic electric motorbike , and we are a little bit in love with the cafe-racer styling. Without a car in the world : Post-pandemic, used car platforms are booming , and Spotawheel just raised €100 million.
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