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Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

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. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

Asia 131
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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

The Seoul-based startup announced today it has raised a $60 million Series B. The round was led by Hanhwa Investment & Securities, with participation from SoftBank Ventures Asia (the early-stage venture capital arm of SoftBank Group), SK Networks, Aarden Partners and other strategic partners. ”

Asia 127
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Singapore-based TreeDots gets $11M Series A to cut food waste in Asia

TechCrunch

Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie.

Asia 99
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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions of customers in emerging markets who don’t own credit cards. million in Series A funding led by Sequoia Capital Southeast Asia.

Asia 92
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Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes

TechCrunch

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. Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features.

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Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

TechCrunch

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since its launch. In fact, it might be the second-best thing after fintech at the moment.

Nigeria 145
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SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

SumUp , a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. and basing their service around small card payment dongles that attached to phones or tablets.

Business 120