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The Philippines is one of the most disaster-prone countries in the world, with geography that makes it vulnerable to typhoons, floods, volcanos, earthquakes and droughts. The reports were meant to help businesses respond more quickly to natural disasters. Its new investment will be used to build a scalable platform.
Sari-saris are small neighborhood stores in the Philippines that are often run on pen and paper ledgers. It also plans to build a department that engages sari-sari stores and provides additional services with parters, plus build an open platform for financial institutions and brands to connect directly with sari-sari owners.”.
and Philippines. According to the company, R500 million ($34 million) has already been invested in the business, while the rest — R1.1 The holding company, Tyme, focuses on designing, building and operating digital banks for emerging markets. billion (~$109 million) investment from new investors in the U.K.
GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 The new capital will be used for expansion into new store formats, building a logistics and fulfillment network and hiring for GrowSari’s operations, technology and data science teams. .
Manila-based Humble Sustainability is a circular economy startup that wants to keep it out of the Philippines’ landfills. We simply had a love for the earth and spotted an opportunity to apply our little experience of buildingbusinesses towards it.”. Humble has worked with 20 companies so far.
E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of under 10%. Plentina launched in the Philippines in October 2020 and has been downloaded more than 30,000 times. Other installment loan services in the Philippines include BillEase, Tendopay and Cashalo.
Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Social commerce is well-positioned to take off in the Philippines for several reasons, he added.
DesignCrowd , the Australia-headquartered crowdsourcing service for designers, has big plans: it wants to grow its business from $10 million to $100 million as quickly as possible – and its first step is to conquer the US. The latest funding will be used to set up a US office and build up a team in the next 12 months.
Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes. MacDonald previously worked for his family’s insurance business, while Schnare earned insurance experience by working for a large player in the market.
This is the second part of a four-part series that will provide insight into starting, building, and funding a company across Asia. My first post in this series described how businesses should start when considering expansion into Asia, which is home to some of the largest and fastest growing markets in the world. See part one here.
The founders of Upmesh were building a game on top of Twitch’s API when they realized something about another group of livestreamers. Upmesh was launched nine months ago by Wong Zi Yang, Soh Jan, Nhat Vu and Shawn Teow, and is now used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines.
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.
It would appear that OpenAI’s Chat GPT allying with Bing will not be the only threat to Google’s search business model in the future. With its release of WhatsApp Business app (WAB), Meta is effectively building a sort of rival search engine to Google to keep us all inside the app. While this may not trouble U.S. per month).
A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . We are taking the best practices along with key learnings to our next market launch.” .
There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses. Specifically, the company says it helps Amazon sellers exit their business within 30 days and continue to scale their business “to the next level” post-acquisition.
Brick was founded in 2020 by chief executive officer Gavin Tan, an early employee at Aspire, a neobank for small- to mid-sized businesses, and chief technology Deepak Malhotra, previously co-founder of Indian neobank Slice and a former PayPal engineer. Mono, a startup that wants to build Plaid for Africa, gets backing from Y Combinator.
million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. It did not offer as much data coverage as Yodlee, but “what it did do is a very narrowly-focused set of data very well, and very easy to build. The startup recently came out of stealth mode with $1.8
At the end of last year, Xendit expanded into the Philippines, and says it is now one of the biggest payment players in the country. Xendit’s solutions let businesses accept payments from many of these methods through three integration options. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe.
Citizenship Microsoft Asia Pacific is keeping me pretty busy. Ultimately their goal is help nonprofits become better equipped at fulfilling their mission by building their technological capacity. Ultimately their goal is help nonprofits become better equipped at fulfilling their mission by building their technological capacity.
According to a statement, the company seeks to “disrupt traditional centralized credit infrastructure by providing individuals, businesses and developers with the tools to access credit” via blockchain technology. “The world we’re building for is where people’s data are owned themselves.
Xendit now has over 3,000 customers, including Samsung Indonesia, GrabPay, Ninja Van Philippines, Qoala, Unicef Indonesia, Cashalo and Shopback. Xendit has made several strategic investments in companies that serve startups and SMEs, including private bank Bank Sahabat Sampoerna in Indonesia and payment gateway Dragonpay in the Philippines.
Kwara is now moving a step further to build the next-generation neobank that will give credit-union members access to instant loans and third-party services such as insurance, as the start-up moves to offer end-to-end solutions to its clients. Kwara is building a neobank for credit unions.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). “This is a massive problem in a big part of the world, and it makes absolute sense to build it as a centralised solution,” Niparts said. million seed round.
and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. The pitch is that Railsbank’s APIs are the building blocks for customers “to build pretty much any financial use case they can imagine. This will include the launch of “credit cards as a service” in the U.S.
Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 Xendit works with businesses of all sizes, processing more than 65 million transactions with $6.5 It aims for fast and easy integrations so that businesses can more easily accept payments digitally.
Established in 1997 as a victim-centered organization that protects children from violence and abuse, our purpose at International Justice Mission (IJM) is to work collaboratively with our partners and local authorities to strengthen justice systems and build communities where all people can be safe and protected.
Since then, Brankas chief of staff Bala Subramanian told TechCrunch that it’s been “aggressively building new products during the pandemic, which have seen great uptake in our current operating markets of Indonesia, the Philippines, Thailand and Singapore.”.
So while startups are trying to both build a car and get the engine started, corporations are trying to make their cars run faster. As such, corporate marketers deal with the challenge of: I’ve got a mature business that already has significant market penetration. How do I eke out another few percent and keep the business growing?
HitPay has almost everything SMEs need to run their businesses. It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines. The Y Combinator alum announced today that it has raised $15.75
Gameball says brands use its tools to build long-term relationships with customers and ensure retention through personalized loyalty programs that are informed by data. Khairy told TechCrunch that since the startup’s launch, growth has been exponential and they have so far served over 7,000 businesses reaching 20 million customers.
Aldagram , a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. It has been partnering with Aldagram since 2022. More than 10,000 corporates in over 10 countries, including the U.K.,
Food delivery apps offer convenience for customers, but a host of headaches for restaurants, like commissions as high as 40% and very few tools to build customer loyalty. For dine-in customers, Tablevibe primarily works with F&B businesses that have multiple venues, including Merci Marcel and Lo and Behold Group.
Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Inside Plaid’s plans to build a new, global finance network. Its third-largest vertical are bookkeeping and accounting apps used by businesses.
The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Klikit wants to save Southeast Asian food businesses from “ tablet hell ” by aggregating order information from all apps into one platform.
Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Ninja Van raises $30M to build a regional logistics network in Southeast Asia. Ninja Van claims it delivers approximately 2 million parcels a day, with more than 1.5
Shippit is considering expansion into the Philippines and Indonesia, too, and expects its Southeast Asian business to grow 100% year-over-year for the next three years at minimum. How tech can build more resilient supply chains. ” co-founder and co-chief executive officer William On told TechCrunch.
How did you first come across this digital horse racing business? You might spend years and years building up your arsenal of skins or in-game assets, and then a game will change the rules, take [some of your winnings] away from you or do any number of things that can leave players feeling very disappointed and kind of ripped off.
Pylon currently operates in Egypt and the Philippines. Ashour worked in the metering and utility business for more than a decade and led the implementation of smart metering technologies — particularly hardware– across Africa, Europe, Asia and the Middle East for various companies. government.
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor. A glimpse into Singapore’s current startup ecosystem.
Now, another building block is apparently needed. Enter BreederDAO , a months-old, Philippines-based “specialist manufacturer” of digital assets for use in blockchain-based games and virtual worlds, including “Axie Infinity.” BreederDAO is led by Filipino co-founders Renz Chong, Jeth Ang and Nicolo Odulio.
Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch. Finantier was founded earlier this year by Diego Rojas, Keng Low and Edwin Kusuma, all of whom have experience building products for fintech companies, with the mission of enabling open finance in emerging markets.
In October, Upmesh was used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines, with an annualized gross merchandise value of $40 million. . Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEO. Livestream e-commerce: Why companies and brands need to tune in.
Singapore, Philippines and Nigeria — operates an eponymous data stack that brings together diverse data from internal and external sources such as Snowflake and Databricks to one interface and allows teams to collaborate easily. The startup — which was founded in India and now has teams across the U.S.,
French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong. Sleek will add its stack to the existing Ltd Companies offering to build an operating system for U.K.-based and the Philippines. based SMEs.
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