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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

TechCrunch

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Like its neighboring nation, India, more than 95% of all retail in Bangladesh goes through neighborhood stores in the country. A young entrepreneur is building the Amazon of Bangladesh.

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Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. Another criteria is to back local founders.

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South African startup Talk360’s seed funding hits $7M after new backing

TechCrunch

The company plans to use the new funding to launch a pan-African payment platform next year and grow its VoIP market share. The app has active users in more than 170 countries, including South Africa, Zimbabwe and Bangladesh. “We seed funding. The company said its internet calling app has connected 2.3

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Practitioners from Malaysia, Bangladesh, and Nigeria discuss digital economic development for underserved communities at Shanghai’s INCLUSION Conference

TechNode

The three guests individually presented insights into their local markets and the varied challenges involved in developing the digital economy. We provide small funds for female entrepreneurs in our country who do not have access to credit. However, opportunities can emerge from developing the digital economy in these communities.

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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Leading the round is Spanish VC fund Mundi Ventures, with participation from previous backer Finch Capital and several unnamed angels. We believe there is a strong network effect”.

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Pluto lands funding from corporate spend giants to build ‘Ramp for the Middle East’

TechCrunch

.” Speaking of which, investor Packy McKormick, founder of Not Boring Capital, describes Pluto as “a rare combination of top-tier global talent with deep local knowledge working on a problem whose time has come.” Pluto is starting the same way.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

million in seed funding at a valuation of $50 million. The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh.