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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 pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.

Asia 131
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Equipped with AI and technology skills, women across Southeast Asia find new career opportunities

Microsoft AI

Microsoft's digital and AI skilling programs in Southeast Asia are empowering people from diverse backgrounds to succeed in the digital economy.

Asia 108
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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

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. The Seoul-based startup announced today it has raised a $60 million Series B.

Asia 127
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Carsome Group will acquire iCar Asia in a deal worth $200M

TechCrunch

Today Carsome Group , one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. of iCar Asia from Malaysia internet conglomerate Catcha Group. The roadmap to startup consolidation in Southeast Asia is becoming clearer.

Asia 105
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Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid

TechCrunch

Based in Hong Kong, Finverse ’s ambitious goal is to enable open banking throughout the Asia-Pacific region. Finverse wants to do the same thing for the Asia-Pacific region by building dependable APIs and data integrations. “At Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era.

Asia 97
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12 Must-Know Stats About Online Fundraising, Social Media, and Mobile Technology

Nonprofit Tech for Good

The arc of success for digital fundraising has just begun. Second, the popularity of social networking is steady and continues to spread globally, but messaging apps such as WhatsApp, LINE, and Snapchat are emerging as powerful digital communities. Only 3% of charities rate their board and executive leadership as being digitally savvy.

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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

million in Series A funding led by Sequoia Capital Southeast Asia. It is also partnered with Standard Chartered, the British multinational bank, to offer digital escrow services. The funding will be used to scale Tazapay’s business in Asia and expand in regions like the Middle East and Europe.

Asia 92