TechCrunch

SEPTEMBER 14, 2022

Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features.

Business 98

Business Indonesia Raise Malaysia 98

TechCrunch

FEBRUARY 2, 2021

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc By digitizing their financial records, companies like BukuWarung can make it easier for them to access lines of credit, working capital loans and other services.

Digital 89

Digital Fund Indonesia Raise 89

TechCrunch

JULY 12, 2021

If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. BukuKas and BukuWarung , for example, both recently raised large rounds to fuel their race to digitize SMEs’ operations. Employers, meanwhile can spot trends in attendance and salary.

Indonesia 100

Indonesia Digital Raise Pennsylvania 100

TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. Chehaoduo in India and Carro in Indonesia. . The pandemic forced us to reinvent our business model. Indonesia and Mexico,” Nordin said. Notably, U.S.-based to the U.K.,

Brazil 102

Brazil Digital Fund Indonesia 102

TechCrunch

JULY 5, 2022

In Indonesia, many logistics providers still use old-fashioned systems to track their operations and fleets, including pen-and-paper ledgers. Other products include Mobility Software-as-a-Service to digitize vehicles for real-time tracking, solutions for improving business efficiency and an open API ecosystem.

Industry 81

Industry Digital Indonesia Asia 81

TechCrunch

JANUARY 26, 2021

CrediBook , a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 Founded in February 2020, CrediBook is part of a wave of startups focused on digitizing small- to medium-sized businesses in Indonesia. Moka and Jurnal , meanwhile, are used by larger companies.

Digital 87

Digital Help Indonesia New York 87

TechCrunch

SEPTEMBER 6, 2021

The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. SevenRooms raises $50M to double down on reservations, ordering and other tools for hospitality businesses.

South Korea 104

South Korea Digital Japan Asia 104

TechCrunch

DECEMBER 22, 2020

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch.

Singapore 107

Singapore Open Indonesia Asia 107

TechCrunch

JUNE 9, 2021

BukuWarung , a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital.

Indonesia 101

Indonesia Singapore Digital Fund 101

TechCrunch

MAY 11, 2021

Singapore-based Aspire , which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one year after launching. We can go in and say we offer all-in-one financial tools for growing businesses,” he said.

Business 94

Business Singapore Asia Vietnam 94

TechCrunch

DECEMBER 16, 2020

While Waresix’s platform digitizes all parts of the supply and logistics chain, its current focus is on mid-mile logistics services, or transportation from warehouses to distributors. Both Waresix and Trukita operate by connecting businesses to shipper and warehouses, and the acquisition will enable them to lower customer costs.

Indonesia 101

Indonesia Asia License Database 101

TechCrunch

DECEMBER 28, 2021

It’s the easiest option when I’m trying to be succinct, but Southeast Asia consists of 11 countries, and obviously there are huge differences between, say, Singapore, Myanmar, Laos, Vietnam, the Philippines and Indonesia. A close look at Singapore’s thriving startup ecosystem. million people.

Indonesia 122

Indonesia Asia Singapore Aggregator 122

TechCrunch

JANUARY 12, 2021

The backbone of Indonesia’s economy are small- to medium-sized businesses, which account for 60% of its gross domestic product. Many still rely on manual bookkeeping, but the impact of COVID-19 has driven small businesses to digitize more of their operations. Eventually, it wants to launch a SME-focused digital bank.

India 81

India Indonesia Software Build 81

TechCrunch

SEPTEMBER 14, 2021

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. Xendit’s solutions let businesses accept payments from many of these methods through three integration options.

Philippines 99

Philippines Global Indonesia Fund 99

TechCrunch

OCTOBER 13, 2022

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. It is also licensed by Indonesia’s central bank, enabling it to offer more services.

Asia 90

Asia API Indonesia Open 90

TechCrunch

MARCH 2, 2021

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. According to research institution Statistics Indonesia, there are about 5 million small and medium-sized manufacturers in Indonesia. Indonesia’s Kargo comes out of stealth with $7.6M

Indonesia 87

Indonesia Raise Offline Statistics 87

TechCrunch

MARCH 4, 2021

SiCepat , an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. The logistics industry in Indonesia is highly fragmented , which means higher costs for businesses. Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain.

Indonesia 102

Indonesia Raise Asia Fund 102

TechCrunch

MARCH 2, 2021

Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. 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

Asia 99

Asia Raise Philippines Indonesia 99

TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.

Indonesia 82

Indonesia Support India Fund 82

TechCrunch

MAY 7, 2021

GajiGesa , a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. GajiGesa is part of a new wave of startups focused on digitizing the 60 million small businesses in Indonesia.

Indonesia 95

Indonesia India Asia Accessibility 95

TechCrunch

MAY 17, 2021

BukuKas , a startup focused on digitizing Indonesia’s small businesses, has raised $50 million in Series B funding. BukuKas was founded by Menon and chief operating officer Lorenzo Peracchione, who met while working at Lazada Indonesia. million businesses so far and now has a total of 3 million monthly active users.

Indonesia 87

Indonesia India Digital Goal 87

TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. out of its 33.6 out of its 33.6

Indonesia 98

Indonesia Malaysia Asia Profit 98

TechCrunch

DECEMBER 14, 2022

Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia. The Singapore-based startup with offices in Indonesia and South Korea intends to launch its service officially in Indonesia in the first quarter of next year. Bang founded Plugo two months ago with five founding members.

Asia 79

Asia Indonesia Platform Support 79

TechCrunch

JULY 27, 2022

Before launching IDEAL, Surjaudaja was former head of operations strategy at digital payment service OVO. Surjaudaja told TechCrunch that IDEAL was started “with the thinking that consumer lending in Indonesia is broken.”. IDEAL’s digital platform seeks to solve these challenges.

Indonesia 90

Indonesia Malaysia Thailand Philippines 90

TechCrunch

JULY 7, 2021

Unlike other emerging economies such as China, India and Indonesia, which have embraced digitization and technology, Pakistan has trailed the region in the adoption of technology and startup formation. Despite this, investors have dreamed for years of the huge opportunities in unlocking Pakistan’s potential as a digital economy.

Pakistan 102

Pakistan Tech Indonesia North America 102

TechCrunch

MARCH 30, 2021

Its features include digital checklists, inventory management and field audits that can be accessed through a mobile app. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States.

Singapore 78

Singapore Asia Business Malaysia 78

TechCrunch

APRIL 7, 2022

Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. All this contributes to improving operational efficiency and lowering costs for all parties.” .

Marketing 87

Marketing Asia Digital Raise 87

TechCrunch

JANUARY 10, 2022

With COVID-19 prompting many to digitize, startups that focus on SMEs have been raising large rounds of funding to scale up quickly. The Indonesia-based financial platform for SMEs announced today it has raised $108 million in Series C funding led by MDI Ventures. KoinWorks is the latest. There’s still a lot of room for improvement”.

Platform 99

Platform Indonesia Vietnam Singapore 99

TechCrunch

SEPTEMBER 14, 2022

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). Founded in 2014, ACV’s portfolio now has over 120 investments in Indonesia and the rest of Southeast Asia.

Fund 83

Fund Indonesia Asia Malaysia 83

TechCrunch

OCTOBER 19, 2022

billion new endpoints to Visa Direct ’s digital payments network. This enables many more consumers and small businesses to send funds to markets in Africa, Asia and Latin America, where digital wallets are often the default payment method. One of Thunes’ focuses is emerging markets where there are a lot of unbanked people.

Integration 63

Integration Digital Network San Francisco 63

TechCrunch

AUGUST 11, 2021

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.

Singapore 98

Singapore Vietnam Indonesia Malaysia 98

TechCrunch

MARCH 21, 2022

It is a portfolio of loans to hundreds of small businesses in Singapore, which is the target market Validus serves, Goel added. . Last year, it acquired KlearCard, Singapore’s business payments and expense management platform. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6

Singapore 90

Singapore Platform Thailand Vietnam 90

TechCrunch

JULY 14, 2021

Since its seed funding, Tinvio says its client base has increased four times to over 5,000 businesses in Singapore, Indonesia, Thailand and other Asian markets. One of the reasons Tinvio focuses on F&B businesses is because they deal with a lot of perishable goods and constantly need to manage orders and inventory.

Singapore 100

Singapore Service Build Raise 100

TechCrunch

MAY 15, 2023

Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand.

Fund 96

Fund Service Platform Vietnam 96

TechCrunch

FEBRUARY 9, 2022

Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Its third-largest vertical are bookkeeping and accounting apps used by businesses. Inside Plaid’s plans to build a new, global finance network.

Asia 82

Asia Open Indonesia Philippines 82

TechCrunch

AUGUST 9, 2021

They became curious and the bread and butter of our business is essentially education,” said Adjiputro. “We While the rate of retail investment in Indonesia is still low, its growing quickly because of a confluence of factors , including people’s desire to diversify and increase their assets during the pandemic.

Indonesia 100

Indonesia Fund Demographics Education 100

The Next Web

AUGUST 30, 2013

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. A company cannot hire out of a hub city like Singapore and expect those individuals to cover Indonesia, India, Thailand, and the Philippines.

Asia 129

Asia Build Thailand Indonesia 129