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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. Its new investment will be used to build a scalable platform. An example of Komunidad dashboards, created for a project in Mandaluyong City, the Philippines.
Buy now pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. It can now be used at more than 500 merchants, including consumer electronics seller Kimstore and Philippine Airlines. Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed round.
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.”.
Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe. Navegar, which led Great Deals’ Series A , also returned for this round.
and Philippines. The investors for this unnamed round include Apis Growth Fund II, a private equity fund managed by Apis Partners, and Gokongwei-owned JG Summit Holdings, one of the largest conglomerates in the Philippines. The holding company, Tyme, focuses on designing, building and operating digital banks for emerging markets.
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 building businesses 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.
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. .
Alloy was looking to build prosumer automation tooling and now it had material backing. The founders also cited a desire to stay in stealth as part of their reasoning for skipping the investor confab, telling TechCrunch that they wanted to stay quiet and build until they “really [had] something.” Why $4 million?
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.
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.
Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes. Finkelstein thinks that such companies can build workflow tooling, grow themselves into being the data hub of their industry customers, leveraging that perch into an even larger enterprise.
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
To tap into that market, Brick is building APIs for alternative financial data sources, like mobile wallets, telcos, utility providers, e-commerce platforms, social security and tax offices. Mono, a startup that wants to build Plaid for Africa, gets backing from Y Combinator.
This is the second part of a four-part series that will provide insight into starting, building, and funding a company across Asia. A company cannot hire out of a hub city like Singapore and expect those individuals to cover Indonesia, India, Thailand, and the Philippines. See part one here. Nothing gets done otherwise.
The funding will be used to enter other Southeast Asian markets, including Indonesia and the Philippines, and introduce new products, like free credit score and insurance offers, digital discount coupons and mobile wallet cashbacks. “Building a credit score is a never-ending process, and we are at the very early stages of it.
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. . The cloud kitchen market in Asia is projected to grow at 14.2% billion by 2030 , up from $15.2
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. Though it is best known as a payment infrastructure provider, referring to itself as “a Stripe alternative build for Indonesia and Southeast Asia” on its website , Xendit is also working on other services. “In
Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Undersea cables, for example, are expensive to build and only link two points. and anywhere on earth.”
“The world we’re building for is where people’s data are owned themselves. ” Playford said Masa is building on Celo and Ethereum, and the platform, which is launching out of beta, has 36,000 people signed up already.
Philippines-based nonprofit Yellow Boat of Hope Foundation was selected winner of the.ORG of the Year award, recognizing the organization’s work to provide access to education for children in remote and poverty-stricken areas by providing boats to reach their schools. Yellow Boat of Hope is also the winner of the 2024.ORG
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.
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.
If you’re not familiar with the company, Checkout.com wants to build a one-stop shop for all things related to payments, such as accepting transactions, processing them and detecting fraud. And the company is working on adding India and the Philippines. Checkout.com is regulated in the U.K.,
Ultimately their goal is help nonprofits become better equipped at fulfilling their mission by building their technological capacity. I’ve been fortunate enough to be hired to provide three social media trainings to their nonprofit partners in Malaysia (photo above), Singapore, and 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.
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.
Shipping companies are based around the world, but about 50% of seafarers come from Eastern Europe and the Philippines, so they typically rely on agencies to staff vessels. Seafair’s new funding will be used to build more technology for seafarer vetting and expand in markets including Germany, Nordic countries and the United States.
Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. And Southeast Asia is no exception. billion in payment value annually.
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.,
Relief organizations and first-responders are mobilizing to provide aid to those affected by Typhoon Haiyan in the Philippines. The Philippine Red Cross is on the ground providing relief to those in affected areas. Help Habitat for Humanity re-build the Philippines after Haiyan destroyed over 3,438 houses (as of November 10).
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, Assy and Alfar, started building Gameball as a Shopify app, before moving on to build an API solution for businesses outside Shopify.
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. Indeed, a16z is announcing today that it just led a $4.6
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. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion.
million in orders across 150 brands in the Philippines, Malaysia, Indonesia, Singapore, Taiwan and Australia. Users currently include Bistro Group (the Philippine franchisee of TGI Fridays, Hard Rock Cafe and Buffalo Wild Winds, Flash Coffee and ghost kitchen startups MadEats and Just Kitchen.
So while startups are trying to both build a car and get the engine started, corporations are trying to make their cars run faster. By one definition, it means programmer – someone who builds features that encourage a company’s product to experience viral growth. Most of the time, corporations have all this figured out.
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. SMEs have very specific requirements, so we wanted to build a one-stop no-code platform,” said Haripurkar.
Stunts — some in person and some online — are planned to take place in the Philippines, Bangladesh, India, Germany, Poland, Spain, Luxembourg, France, Greece, the United Kingdom, the United States, and more. Organizers have projected the “Make Amazon Pay” slogan on Amazon buildings in London, Berlin, and Hyderabad.
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
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. It also serves cloud kitchens, like CloudEats in the Philippines. “As For its delivery survey, most users are smaller restaurants that have one location.
Pylon currently operates in Egypt and the Philippines. Pylon builds solutions for these water and electricity distribution companies to make them efficient and stanch the bleeding — the company calculates hundreds of billions of losses (in dollars) across emerging markets per year. government. Pylon grew its revenues by 3.5x
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.
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.
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