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Newly Released! The 2020 Global Trends in Giving Report

Nonprofit Tech for Good

12% prefer to give by bank/wire transfer, 10% by direct/post mail, 10% via PayPal, 8% in cash, 2% via digital wallet, 2% by text-to-give, and 1% by mobile money. 94% vote regularly in local and national elections. The data reveal how donors prefer to give and engage with their favorite causes and charitable organizations.

Trend 322
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Expanding your startup into Asia? Here’s how to build out your operations in the region

The Next Web

The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. This is the second part of a four-part series that will provide insight into starting, building, and funding a company across Asia. Hire the right people – local and entrepreneurial. See part one here.

Asia 129
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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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22 Statistics About #GivingTuesday Donors Worldwide

Nonprofit Tech for Good

Asia – 26%. Digital wallet payments, such as Apple Pay and Google Pay – 1%. 14) 96% regularly vote in local and national elections and 37% donate to political campaigns. 22) 85% say that NPOs, NGOs, and charities must invest financial resources in digital communications in order to stay relevant.

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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. Its API covers over 170 markets for card payments, and 85 markets for local payments collection, which means its customers can accept payments in different countries without having to set up local entities. Tazapay was created to solve those problems.

Asia 92
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Southeast Asia insurtech Igloo increases its Series B to $46M

TechCrunch

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.

Asia 94
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Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia

TechCrunch

However , there’s little noise about the corridors between Africa and other regions like Latin America or Asia. Wapi Pay , a Kenyan startup with offices in China and Singapore, is carrying out this play and has carved a market for itself by facilitating payments between both extreme remittance worlds of Africa and Asia.

Africa 99