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South African digital bank TymeBank lands $109M from UK and Philippines investors

TechCrunch

and Philippines. According to the company, R500 million ($34 million) has already been invested in the business, while the rest — R1.1 This makes it globally recognized for digital banking in emerging markets, and the plan is to reach 4 million customers next year. The company made this known via a statement.

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Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

TechCrunch

The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). Indonesian payments infra startup Xendit raises $64.6M

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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

TechCrunch

million USD) Series B led by Tiger Global, with participation from Jason Lenga. 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.

Global 108
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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

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.

Business 106
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Nucleus named Data Analytics Solution of the Association Laboratory Research Alliance

Nucleus

The Association Laboratory Research Alliance is comprised of global, national, and state societies for association executives, including such well-known names as AAMSE, CESSE, Association Forum, AMC Institute and more (complete list below).

Analytics 130
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This UK startup has come up with a unique way to verify small businesses on WhatsApp

TechCrunch

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).

Business 106
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Australia-based Employment Hero raises $45M AUD for its global expansion

TechCrunch

Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero is designed for small-to-medium sized businesses, and combines human resources, payroll and benefits features. During the pandemic, the company launched a new service called Global Teams for remote work.