TechCrunch

JANUARY 10, 2022

The Indonesia-based financial platform for SMEs announced today it has raised $108 million in Series C funding led by MDI Ventures. Demand increased as more businesses went online during the COVID-19 pandemic and the startup says its user base tripled to 1.5 KoinWorks is the latest. There’s still a lot of room for improvement”.

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TechCrunch

JULY 27, 2022

Surjaudaja told TechCrunch that IDEAL was started “with the thinking that consumer lending in Indonesia is broken.”. With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked. “We

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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.

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TechCrunch

AUGUST 8, 2022

Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor. Meanwhile, Miferia is still in its early stages.

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TechCrunch

MAY 30, 2022

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. HitPay’s no-code platform allows SMEs to unify their online and offline payment stacks.

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TechCrunch

SEPTEMBER 26, 2021

The company, which was founded in 2013, also plans to strengthen its global operations across six countries — Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the Philippines. In Thailand, Ascend Money has about 70% of market share based on its own research, Thamavaranukupt said.

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TechCrunch

SEPTEMBER 8, 2022

Most of its users are in Vietnam, but Edupia is also expanding into other Southeast Asian markets like Indonesia, Thailand and Myanmar, and adding more subjects, including math and coding. As Edupia’s self-learning business gained traction, the team saw demand for more ways to engage with students and started live classes in March 2021.

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TechCrunch

MARCH 3, 2021

As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. In Indonesia, Payfazz has built a network of 250,000 financial agents to reach people in rural areas where many banks don’t operate branches. ” Singapore-based Xfers Lands $2.5M

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TechCrunch

AUGUST 19, 2021

“The same kind of experience a customer has today on a marketplace like Lazada—the convenience, all digital, fast delivery—we saw was lacking in insurance, which is still operating with offline, face-to-face agents like 20 to 30 years ago,” he said. Fuse, meanwhile, insurance specialists an online platform to run their businesses.

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TechCrunch

MARCH 13, 2023

The issue was quite common among used car dealers in Indonesia, according to Laras, and that was how he came up with the idea of Broom. The company recently soft-launched its first offline showroom where its dealer partners can showcase their inventory to more end customers. of new automotive sales in Southeast Asia. billion by 2027.

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TechCrunch

NOVEMBER 24, 2020

million USD) and above, and will set up another office in Thailand, with plans to expand into Indonesia as well. Toh told TechCrunch that formal planning on The-Wolfpack began at the end of 2019, but he and Nichols started thinking of launching their own business five years ago while working together at GroupM.

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TechCrunch

APRIL 28, 2021

Indonesia is one of the fastest-growing consumer markets in the world, but consumer data is still hard to find for many businesses, especially smaller ones. Astandu and Kamtawijoyo met while both were graduate students in business management at the University of Cambridge. The startup announced today it has raised $1.2

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TechCrunch

MARCH 7, 2022

On a return trip to Southeast Asia (McIntosh was born and raised in Indonesia), she observed the rise of social commerce, or people selling through social media like Instagram and WhatsApp, and was surprised to see it was similar to all the manual work she had put into her online bakery years earlier.

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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.

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TechCrunch

JUNE 21, 2021

Kredivo will use the debt facility to help achieve its goal of serving 10 million customers in Indonesia. Credit is one of the largest and most complex areas of the financial services ecosystem and the fact is that Indonesia is deeply underserved on that equation,” he said. a month, or a maximum annual rate of 53.36%.

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TechCrunch

OCTOBER 7, 2021

Upmesh will use part of its new funding to double down on the Philippines and Malaysia for at least another six months, but it also wants to enter Indonesia, Thailand and Vietnam. It’s actually replacing advertising for small business.”. If we look at an interesting comparison to the U.S., In the U.S.,

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TechCrunch

JANUARY 9, 2023

Before founding FLIK, Gadi’s previous startups included Pawoon , a point-of-sale platform that enables businesses to accept digital payments. Gadi told TechCrunch that FLIK’s team is experienced in the payments and merchant business, both offline and online. “We FLIK co-founder and CEO Ahmad Gadi.

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TechCrunch

JULY 28, 2021

Shikho was founded in April 2019 by CEO Shahir Chowdhury, who previously worked in finance and business, including as a director at HSBC UK’s Private Bank, and chief operating officer Zeeshan Zakaria, who also worked in finance before becoming a mathematics teacher. .

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TechCrunch

JANUARY 9, 2023

The new capital will help Backpackr make a foray into Southeast Asia, including Singapore, Hong Kong, Taiwan, Indonesia, Thailand, Vietnam, Malaysia and the Philippines, in the second quarter of this year with an ambition to become the Etsy of Asia, Kim said in an interview with TechCrunch. billion in 2027 , up from $149 billion in 2021. .

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Mashable Tech

FEBRUARY 16, 2025

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