TechCrunch

APRIL 15, 2021

E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of under 10%. Other participants included JG Digital Equity Ventures (JGDEV), Amino Capital, Canaan Partners Scout Fund and Ignite Impact Fund. Plentina co-founders Kevin Gabayan and Earl Valencia.

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Philippines Raise Vietnam Asia 76

TechCrunch

NOVEMBER 14, 2021

Philippines-based Plentina , a buy now, pay later startup focused on emerging markets, announced today it has raised $2.2 This brings the fintech’s total funding since it was founded in 2019, including a seed round announced in April , to $5.7 Philippines ‘buy now, pay later’ startup Plentina raises $2.2M

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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. This new round brings its total funding so far to $238 million. Accel led Xendit’s $64.6

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TechCrunch

SEPTEMBER 23, 2021

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. The company has evolved since then. “More than 2.2

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TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. It will also double down on existing markets such as the U.K./Europe.

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Sri Lanka Service Fund Raise 115

TechCrunch

MARCH 28, 2022

GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 Along with prior funding, including $45 million announced in January , this brings the round’s total to about $110 million. million to its Series C round.

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Philippines Platform Asia Digital 85

TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Existing investors IVP, Revolution Growth and Lowercase Capital also joined the round that brings Tala’s total funding raised to a little over $360 million.

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TechCrunch

NOVEMBER 17, 2020

Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Then sellers chose what they want to add to their stores, which they market to potential buyers through their social media networks.

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TechCrunch

MAY 2, 2022

The Sydney-based company creates hardware and software solutions designed to bring solar-based power to developing markets. At present, it’s currently focused on Nigeria, Philippines, Haiti and Cambodia, with a renewal bent designed to reduce emissions as it brings more populations online. Headcount will increase as well.

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Marketing Nigeria Philippines Haiti 95

TechCrunch

AUGUST 11, 2021

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1%

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TechCrunch

MAY 17, 2023

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.

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Business Marketing Raise Kenya 106

TechCrunch

MAY 15, 2023

million in pre-Series B funding, led by Headline Asia. 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. The Singapore-based startup announced today it has raised $6.6

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TechCrunch

SEPTEMBER 23, 2022

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. . We are taking the best practices along with key learnings to our next market launch.” .

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Vietnam Philippines Raise Asia 100

TechCrunch

MARCH 29, 2022

Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The round will be used to expand in Indonesia and the Philippines, acquire more esports teams and scale Ampverse’s play-to-earn unit. . yearly since 2017 thanks to the growing accessibility of smartphones.

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TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round of funding in September 2021. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.

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TechCrunch

AUGUST 21, 2023

During that time, Chen says they realized that the marketing, sales and design process have stayed the same, despite new technology and tools being introduced to the market, and is often riddled with bottlenecks. Chen says most have large sales and marketing teams, but a shortage of designers.

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TechCrunch

DECEMBER 26, 2022

This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product together in 2023. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.

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Philippines Raise Asia Malaysia 97

TechCrunch

JULY 5, 2021

E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. The funding was led by Sequoia Capital India’s Surge (Locad is currently a part of the program’s fifth cohort), with participation from firms like Antler, Febe Ventures, Foxmont, GFC and Hustle Fund.

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TechCrunch

OCTOBER 19, 2021

It’s so popular that a startup in the Philippines that exists solely to lend money to players who want to get started in “Axie Infinity” (one needs first to buy its digital creatures) attracted a check from Andreessen Horowitz. A month later, “Axie Infinity” itself announced funding from the firm.

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TechCrunch

JULY 29, 2021

Along with its new funding, SODA announced it has acquired rival Monokabu. SODA said that the deal means its share of Japan’s sneaker resale industry is now 80%, making it the market leader by far. The company’s previous funding, its $22 million Series B, was announced in January. million monthly users. The StockX EC-1.

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Platform Asia Raise Philippines 102

TechCrunch

OCTOBER 19, 2021

This brings Seafair’s total funding to about $7 million. Diakogiannis realized he had the network to address a large market opportunity, but there was another reason for starting Seafair. Maritime intelligence platform Greywing raises seed funding from investors like Flexport. The company announced today it has raised $5.7

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TechCrunch

JULY 27, 2021

It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. The company’s previous round of funding was a $20 million Series C announced in April 2019. It expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.

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TechCrunch

FEBRUARY 11, 2022

Just this year we’ve seen French BNPL startup Alma raise a $130 million equity round , BillEase raise $11 million for BNPL in the Philippines , Lipa Later raise $12 million for the same effort in Kenya , and ThankUCash raise $5.3 The Exchange explores startups, markets and money. Affirm’s calendar Q4.

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Marketing Calendar Philippines Kenya 89

TechCrunch

AUGUST 29, 2022

Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Despite layoffs, there’s still a talent crunch in Southeast Asia.

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TechCrunch

AUGUST 31, 2021

If you’re in India, the Philippines, Russia or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. They have succeeded in going global; becoming competitive in 10 new international markets.”.

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Russia Malaysia Raise Philippines 100

TechCrunch

FEBRUARY 2, 2021

The funding will be used to expand in the Asia-Pacific region, including Indonesia, the Philippines, Malaysia and Indonesia, and to add new features in response to demand from hospitals and healthcare organizations during COVID-19. Bot MD was also part of Y Combinator’s summer 2018 batch.

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Singapore Indonesia Raise Malaysia 103

TechCrunch

JANUARY 5, 2022

Brankas , an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. Brankas new funding will be used to build new APIs and double its current team of 100.

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TechCrunch

OCTOBER 7, 2021

Upmesh was launched nine months ago by Wong Zi Yang, Soh Jan, Nhat Vu and Shawn Teow, and is now used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines. In the Philippines, however, many vendors do live commerce to supplement their brick-and-mortar shops. In the U.S., In the U.S.,

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TechCrunch

FEBRUARY 23, 2021

ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. ErudiFi is tackling an underserved market that is plagued with high-interest rates by traditional financial institutions and limited reach from peer-to-peer lending companies.”

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Asia Student Education Philippines 102

TechCrunch

FEBRUARY 9, 2022

This amount includes Brick’s previously undisclosed seed funding, which TechCrunch reported in May 2021 , but the majority of it is fresh capital, said co-founder and CEO Gavin Tan. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion.

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Asia Open Indonesia Philippines 82

The Next Web

NOVEMBER 11, 2013

To get a headstart on its US plans, DesignCrowd has secured a further $3 million in funding from Starfish Ventures , taking its total funding to $6.3 The latest funding will be used to set up a US office and build up a team in the next 12 months. DesignCrowd is also keen on exploring new markets.

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TechCrunch

JANUARY 25, 2022

The funds will be used to enter new regions in the Philippines and expand its financial products. GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent. million “mom and pop” stores in the Philippines. .

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Philippines Platform Fund Digital 75

TechCrunch

FEBRUARY 1, 2022

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Africa’s cryptocurrency market grew by 1,200% to $105.6 A part of the funds will also go into investing in web3 projects. million pre-seed to that end.

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TechCrunch

APRIL 12, 2022

Pylon , an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. Pylon currently operates in Egypt and the Philippines. This funding is the company’s first venture round. The round, a combination of debt and equity, was led by U.S.-based

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TechCrunch

AUGUST 19, 2021

billion crypto fund, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited partners. billion Crypto Fund III. Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now. The NFT market is just getting started, but where is it headed?

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Game Philippines Asia Digital 145

TechCrunch

FEBRUARY 2, 2021

The new funds were raised at a $16 million pre-money, $20 million post-money valuation, Alloy told TechCrunch. TechCrunch spoke with co-founders Sara Du , CEO, and Gregg Mojica , CTO, about the round, their market and their experience in Y Combinator. Why $4 million?

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TechCrunch

MARCH 25, 2021

Indonesia, China, Philippines, Thailand and Japan. It typically is owned by the laser scanning market,” says Sanz. The funds will go toward expanding the 50-person company’s sales and marketing team — both of which have been fairly small portions of the company’s overall headcount. Skycatch Raises $13.2M

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