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6,057 donors completed the 2018 Global Trends in Giving Survey and based on their responses, the donor community worldwide is made up of primarily women (65%) who have a liberal ideology (53%) , characterize themselves as religious (72%), and give between ($101-$1,000 USD) annually (43%). In third place is an organization’s website at 18%.
Based upon the survey results of 4,084 donors worldwide, the 2017 Global Trends in Giving Report is an annual research project that examines how donors prefer to give and engage with their favorite causes and charitable organizations. 16) In Asia, religious giving is more diverse than any other region in the world.
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.
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. Source: 2017 Global NGO Online Technology Report. Source: GlobalWebIndex.
As the social conscience of globalization, the nonprofit sector needs to contemplate future challenges and adjust their programs accordingly – and to inspire the next generation to tackle these challenges, nonprofits need to also understand how Gen Z uses technology. of the global population, and by 2050, that number will rise to almost 22%.
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.
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.
Digital Engagement/Production Coordinator. “Social Media for Social Good and Nonprofit Tech for Good have been my primary resources for learning how to communicate Indian conservation issues on a global scale. Digital Marketing Director. Microsoft Citizenship Asia Pacific. ” Marianna Moneymaker.
to send money to the region, much higher than the global average of 6.8%. However , there’s little noise about the corridors between Africa and other regions like Latin America or Asia. African startups join global funding boom as fintech shines. It is also the most expensive region to send money from.
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. The Electronic Frontier Foundation is the leading nonprofit organization defending civil liberties in the digital world. Perfect gifts for the nonprofit techie!
million in Series A funding led by Sequoia Capital Southeast Asia. Existing investors Foundamental, January Capital, RTP Global and Saison Capital also returned for the round. It is also partnered with Standard Chartered, the British multinational bank, to offer digital escrow services.
AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. As part of Fund III’s close, AppWorks is recruiting new investment associates and analysts, especially ones who will focus on sourcing deals throughout Southeast Asia.
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.
Now Thoughtfull , another digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group. Thoughtfull marks Sheares’ first investment in mental healthcare in Asia. Sheares is a wholly-owned subsidiary of Temasek. Its app is available in 11 languages.
This begs the question: Who exactly is investing in Southeast Asia? Let’s explore the three key types of investors pouring money into and driving the growth of Southeast Asia’s tech ecosystem. Southeast Asia has become an attractive market for U.S. and Chinese tech firms. Regional VC investment grew 5.2 times to $8.2
On Friday, Tiger Global said it is backing their startup, CreditBook , to help address those challenges. The over reliance on paper to maintain ledger and the always-running low cash flow is a challenge that merchants in many markets in South Asia and Southeast Asia share. Images Credits: CreditBook.
There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. We’re going to hire a whole team on the ground.”.
The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. Despite the pandemic’s economic impact, tech proved to be resilient globally (for example, there were a number of initial public offers in the United States at record prices).
Focused on Southeast Asia, Ayoconnect ’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022.
The round was led by Tiger Global with participation from returning investors Sequoia Capital India & Southeast Asia, and new investors DST Global Partners and Shopify (marking the e-commerce platform’s first venture investment in a startup operating in the Southeast Asia region).
A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’s Digital Economy is Poised to Take Off.”. Africa’s digital opportunity. Here are a few interesting points from the newly-launched report.
Forto , a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. Additional investment came from Iris Capital, with strong participation from current investors, including Rider Global, Northzone, Cherry Ventures and the Italian venture fund H14.
H2O Hospitality will expand its business further by adding various types of accommodations in South Korea and Japan in 2021 and 2022 and plans to enter Singapore and Indonesia in 4Q in 2022 in line with its Southeast Asia penetration strategy, according to H2O Hospitality co-founder and CEO John Lee. There are currently about 16.4
Practice ignition , an Australia-based client engagement and commerce platform for professional service businesses, has raised $50 million (65 million AUD) in a Series C round to accelerate its growth and expand globally. It brings the startup’s total raised to $75 million, said Guy Pearson, CEO and founder of Practice Ignition.
The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6
Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia.
SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. The global social commerce market is projected to rise to $6.2 and other countries in Europe. trillion by 2030.
The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. while the rest are spread across Africa, Latin America and Southeast Asia, markets where they deployed more than $6 million last year. It expects to achieve a second close by the end of June.
A startup called Peeba has built a B2B wholesale online platform that connects independent retailers across Asia with unique brands around the world. The Hong Kong-headquartered company wants to help Asia-based B2B retailers reduce inventory risk and offer higher operational efficiency with lower costs via its platform. .
Based in Hong Kong, Coherent helps insurance providers go digital. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, including insurers who want to add more digital services to their usual sales processes because of the pandemic.
The company has picked up $150 million and says that since quietly opening for business in mid-2020 it has already acquired 20 startups in categories like home, leisure and lifestyle across Europe, the United States and Asia. he left almost exactly a year ago, after the fund had started to come under a lot of scrutiny ). “Our
While companies around the world turned to software during the pandemic to ensure that they could keep operating , accelerating the digital transformation, there has been analogous work going on in the consumer world. Let’s talk about the fintech market from a global perspective and a U.S.-focused The global perspective.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. Additionally, the city state’s strategic location at the crossroads of major shipping lines and air routes connects large parts of Asia to the rest of the world, making it a global logistics hub,” he added.
Easy Eat AI offers an operating system for restaurants that lets them digitize all parts of their business, from inventory and customer orders to delivery, and gain AI-based data analytics to improve revenue. Many food and beverage businesses started digitizing orders and payments so they could offer deliveries during the COVID-19 pandemic.
as well as many other users across Latin America and Asia. Its deployed by governments and conservation organizations in 76 countries and 650 protected areas, including nearly every national park in Africa, about a dozen state fishing and wildlife departments in the U.S., Featured video courtesy of Conservation X Labs.
The recent, and now past, venture capital boom was a global affair. Southeast Asia is a frequently noted example of the phenomenon. That’s thin support for such a large, geographically diverse and increasingly digitally connected area. Latin American as well.
According to Nikkei Asia, the new companies will include the Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Service Group, Cainiao Smart Logistics, GlobalDigital Commerce Group, and Digital Media and Entertainment Group. Read Entire Article
million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq. That’s where Silkhaus comes in.
Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. And Southeast Asia is no exception. Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 million in a Series B led by Silicon Valley heavyweight Accel.
Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The new funding brings Osome’s total raised to $8 million from investors including Target Global. Osome’s digital business assistant. These include Sleek, Lanturn and Bluemeg.
Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. Classplus — which has built a Shopify-like platform for coaching centers to accept fees digitally from students and deliver classes and study material online — also raised $10.3
The global pandemic threw a wrench in the plans of restaurants all over the world two years ago when diners stayed home, causing many eateries to shift their business to pickup or delivery. Tech in Mexico: A confluence of Latin America, the US and Asia. The new capital gives the company a total of $11.7 million in funding.
It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as several high-profile global investors double down in the South Asian market. The new round — a Series E — was led by Tiger Global and valued the New Delhi-based startup at $2.85 Tiger Global in talks to back BharatPe at $2.5
TPG invested in the startup through its TPG Capital Asia, its Asia-focused private equity platform. “Our clients are all looking to digitize their businesses and offer more personalized solutions to their customers,” he said. helps firms improve investment decisions, Eugenie.ai
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