Remove Digital Remove Global Remove Philippines
article thumbnail

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

TechCrunch

The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6

article thumbnail

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

TechCrunch

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. In the Philippines, on the other hand, “the real problem was accepting money,” so Xendit developed direct debit with Grab.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing investors are also participating. According to the startup, it is now the fourth-largest fintech company globally. And the company is working on adding India and the Philippines.

Raise 139
article thumbnail

Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B

TechCrunch

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 It aims for fast and easy integrations so that businesses can more easily accept payments digitally.

Asia 99
article thumbnail

Cloud kitchen startup CloudEats raises more capital to ramp up Southeast Asian expansion 

TechCrunch

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

Vietnam 100
article thumbnail

Arianna Simpson of a16z on Yield Guild Games, the firm’s newest bet on crypto + gaming

TechCrunch

Last month, for example, her team co-led an investment in Virtually Human Studio , the startup behind a digital horse racing service Zed Run, wherein users buy, sell and breed virtual horses whose value rises depending on their performance against other virtual horses. How did you first come across this digital horse racing business?

Game 145
article thumbnail

Maritime recruitment platform Seafair gets $5.7M led by General Catalyst

TechCrunch

Greece is one of the global superpowers in shipping, so when I was working in consulting, I became close to the industry and really fell in love with it.”. 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.