TechCrunch

NOVEMBER 14, 2021

Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.

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TechCrunch

MARCH 23, 2021

For many, this makes it is difficult to secure loans and other services because they don’t have traditional financial records like a credit score. Jeff ’s loan brokerage platform was created to make it easier for financial service providers to integrate alternative data scoring, allowing them reach more potential borrowers.

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TechCrunch

SEPTEMBER 7, 2021

Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. For service providers, Jeff serves as a distribution channel, helping them find and retain customers. It also plans to enter the Philippines in the third quarter.

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TechCrunch

AUGUST 23, 2021

A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia.

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TechCrunch

SEPTEMBER 26, 2021

Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 The growth in e-payment suggests changing consumers’ spending habits as Southeast Asia moves toward a digital economy and a cashless society,” Thamavaranukupt said.

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TechCrunch

NOVEMBER 14, 2021

YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam. Right now in Vietnam, buying property is really painful. We’re thinking of how do you make the experience of buying a home or investing a one-stop shop where you can do everything digitally.”.

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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. This includes $75 million in equity and a $25 million debt facility.

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TechCrunch

OCTOBER 12, 2022

It supports 10 digital assets, including Bitcoin, Ethereum, Solana, Polygon, Axie Infinity and USD-backed stablecoins USDC and USDT, and plans to expand to over 50 assets in the coming months. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. It plans to do the same for other crypto services like payments.

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TechCrunch

JANUARY 5, 2022

Brankas’ platform offers a roster of more than 10 “banking-as-a-service” embedded APIs, including ones for opening online bank accounts, credit scoring, identity verification, e-commerce transactions and gig economy payments. Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era.

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TechCrunch

DECEMBER 22, 2020

Being “underbanked” doesn’t mean that someone lacks access to financial services. 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.

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TechCrunch

NOVEMBER 28, 2022

It now offers 15 products, including policies for gig workers, gamers, cars and farmers in Vietnam, and says it has facilitated more than 300 million policies and increased gross written premiums by 30 times since 2019. Another, more recent one, is is Weather Index Insurance product in Vietnam.

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TechCrunch

MARCH 21, 2022

With this acquisition, we will not only be able to further digitally serve the financing need of these SMEs to grow but also offer them business accounts, spend management solutions, and payment services to manage their business,” Goel told TechCrunch. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6

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

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TechCrunch

APRIL 13, 2021

Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers several consumer services, including food delivery, financial services, such as an e-wallet so that you can send and receive money. It expects to see the total addressable market jump from $52 billion to $180 billion by 2025.

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TechCrunch

JANUARY 20, 2022

Greenlabs, founded in 2017 by Scott Sungwoo Choi, Shin and Luke Donghyun Ahn, wants to digitize the entire value chain of agriculture space from crop production to distribution with a mission to address the global food supply problem in a sustainable way. It also built smart farming software and hardware for farmers.

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TechCrunch

NOVEMBER 14, 2021

A Seoul-based proptech startup called Rsquare built a data-driven platform to digitize the process, enabling tenants to compare multiple properties and find an office. Rsquare, which opened an office in Vietnam in June, is set to enter Singapore this month and Indonesia in 2022, Lee added. It has 354 employees as of October.

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TechCrunch

DECEMBER 19, 2022

Toward that end, Toss plans to use the proceeds of its newest fundraise to invest in its products, including digital lending and online payment service for individuals and local merchants. . Most recently, Toss launched a buy now pay later (BNPL) service in March, which it says has amassed more than 1 million registered users.

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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. The company also plans to launch value-added services.

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TechCrunch

AUGUST 24, 2022

Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., Brazil, Turkey, India, Vietnam, Australia, Tanzania, the Netherlands, and Canada,” Hoshik Shin, founder and CEO of Tridge, told TechCrunch.

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TechCrunch

OCTOBER 26, 2021

million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era. Based in Hong Kong, Finverse ’s ambitious goal is to enable open banking throughout the Asia-Pacific region.

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TechCrunch

MAY 13, 2021

Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI , has raised $3 million in seed funding. This is in part because many people are opting for gig economy jobs, like ride-sharing, where their earning are automatically deposited into their digital wallets or bank accounts.

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TechCrunch

OCTOBER 21, 2021

SourceWiz has built a platform to digitize the way exporters operate. As exporters compete on the global stage, they are craving for tools that will digitize their workflows and help them trade faster and better. The startup makes money by charging a licensing fee for its service to exporters.). This is where SourceWiz comes in.

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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. The company has customers from across Southeast Asia, and is particularly focused on Singapore, Indonesia and Vietnam.

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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. KoinWorks is headquartered in Jakarta, with holding in Singapore and tech offices in Yogyakarta, India and Vietnam. KoinWorks is the latest. There’s still a lot of room for improvement”.

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TechCrunch

APRIL 15, 2021

Other participants included JG Digital Equity Ventures (JGDEV), Amino Capital, Canaan Partners Scout Fund and Ignite Impact Fund. Its last funding was $750,000 pre-seed round raised last year from investors including Techstars, Emergent Ventures and the 500 Startups Vietnam Fund. Loans have a flat 5% service fee, with no interest.

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Philippines Raise Vietnam Asia 76

TechCrunch

NOVEMBER 10, 2021

TreeDots also helps them digitize their operations through its app and onboard to TreeLogs. The logistics infrastructure was built using a combination of in-house and external services to fulfill demand from social commerce and business buyers, Jong said.

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TechCrunch

AUGUST 16, 2022

QuotaBook will use the latest funding — which brings its total raised to approximately $20 million — to digitize the equity/fund management process, providing a common standard for security-related data, and making it possible to safely host shareholder and board meetings online. Image Credits: QuotaBook.

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TechCrunch

JANUARY 7, 2022

million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. The startup is currently working with 30 credit institutions, including digital lenders, micro-finance institutions and banks. million, having realized $800,000 in a seed round last May.

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TechCrunch

SEPTEMBER 23, 2022

Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. Pintu racked up $113 million in financing in June to offer crypto trading services to Indonesians. Now a startup called SerMorpheus is hoping to connect brands and consumers through digital assets.

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TechCrunch

DECEMBER 14, 2022

The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia.

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TechCrunch

MARCH 29, 2022

But speed isn’t everything — the competitor cohort-mates will have to battle it out to offer better customer service, firewall options and ease of use than the other. Tradezi is a months-old, Ho Chi Minh City, Vietnam-based startup that calls itself the “Robinhood for Southeast Asia.” Clupp and Momento.

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TechCrunch

JULY 27, 2022

Before launching IDEAL, Surjaudaja was former head of operations strategy at digital payment service OVO. Surjaudaja said that traditional retail banks offer a relatively poor digital experience for their consumer lending products, making them less accessible. IDEAL’s digital platform seeks to solve these challenges.

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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. Both Payfazz and Xfers are Y Combinator alums, and want to make financial services accessible to more Southeast Asians, even if they don’t have a bank account.

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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.

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TechCrunch

NOVEMBER 13, 2022

The Mumbai-based startup works with commercial banks to power their digital loan services. “We want to help and empower the banks, who are our clients, to lend better, lend completely on a digital platform and improve on all parameters,” said Venkatesh. Those parameters are the same for banks the world over.

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TechNode

AUGUST 14, 2024

Lazada operates in Thailand, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines, with its Thai business the first to achieve profitability in 2022. Details: Lazada will continue to increase investment in the Southeast Asian market under a sustainable operating model, Dong said on the meeting, according to the attendee.

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TechCrunch

AUGUST 3, 2021

Therefore , digitizing has been mostly around delivery rather than building new infrastructure and payment processing models for African individuals and businesses to make cross-border payments. Financial institutions are left with traditional systems and correspondence models to offer service to their customers.

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