TechCrunch

MAY 19, 2021

Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe. Navegar, which led Great Deals’ Series A , also returned for this round.

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Philippines Group Raise Asia 90

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. Loans have a flat 5% service fee, with no interest.

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Philippines Raise Vietnam Asia 76

TechCrunch

MAY 15, 2023

Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. million in pre-Series B funding, led by Headline Asia. Jenfi raises more funding for its “growth capital as a service” platform by Catherine Shu originally published on TechCrunch

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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. GrowSari’s app.

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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

FEBRUARY 2, 2021

The new funds were raised at a $16 million pre-money, $20 million post-money valuation, Alloy told TechCrunch. After starting out with a number of integrations for Twilio, HubSpot and other services, the team, toward the end of their time in Y Combinator, noticed places in the e-commerce world into which their product fit neatly.

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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. Safra Group.

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TechCrunch

APRIL 11, 2022

Voyager Innovations , the owner of Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 Voyager’s last round of funding was in July 2021 , when it raised $167 million in preparation for launching its neobank.

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Philippines Raise Asia License 93

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. Social commerce is well-positioned to take off in the Philippines for several reasons, he added.

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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 seed round.

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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. . CloudEats says it has served more than 2.5 million orders.

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Vietnam Philippines Raise Asia 100

TechCrunch

AUGUST 31, 2021

In the customer service industry, your accent dictates many aspects of your job. to the Philippines, India, Latin America and others. But customer service and tech support is a huge industry and one primarily performed by people outside the countries where the customers are. It’s hard to disagree with that mission.

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TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The company’s last funding announcement was in February 2019, when it hit unicorn status with a Series D of $300 million. All three are returning investors.

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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. Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia. It continues to operate in Indonesia, Malaysia and Thailand.

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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

SEPTEMBER 23, 2021

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 $90 million funding raised is a combination of debt and equity, $45 million each. Brazil, Pakistan, and the Philippines. ” More than 1.5

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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. Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B.

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Russia Malaysia Philippines Raise 100

TechCrunch

JULY 5, 2021

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. Part of its funding will be used to expand into more Asia-Pacific markets, focusing on Southeast Asia and Australia.

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TechCrunch

NOVEMBER 15, 2021

Entrepreneurs and small and medium enterprises (SMEs) often struggle to deal with several siloed functions, such as company secretary, bookkeeping, banking, tax, payroll, employment services, insurance and more. and the Philippines. Corporate services “superapp” Osome lands $16M Series A. based SMEs.

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TechCrunch

JANUARY 5, 2022

The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. As a result of increasing adoption, he said that “large multinational financial service providers like Visa are embracing open finance, even if it may threaten their legacy business in the short term.”.

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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

The Next Web

NOVEMBER 11, 2013

DesignCrowd , the Australia-headquartered crowdsourcing service for designers, has big plans: it wants to grow its business from $10 million to $100 million as quickly as possible – and its first step is to conquer the US. The latest funding will be used to set up a US office and build up a team in the next 12 months.

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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. The funding brings Jeff’s total raised to about $2.5

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TechCrunch

OCTOBER 6, 2022

The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Based in Singapore, the startup just exited stealth mode with $2 million in pre-seed funding.

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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. Each is essentially a non-fungible token, or NFT, meaning it is unique.).

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TechCrunch

OCTOBER 7, 2021

Upmesh announced today it has closed a seed round of $3 million, led by Leo Capital, with participation from Beenext, iSeed, Goto Financial head of merchant financial services Jonathan Barki, BukuWarung founders Abhinay Peddisetty and Chinmay Chauhan, and Zopim founders Royston Tay and Kwok Yangbin.

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TechCrunch

MARCH 25, 2021

Founded in 2013, the Bay Area-based company provides centimeter-accurate 3D scanning services, primarily for construction sites and mining operations. The service has already been rolled out in a number of different locations around the world — with north of 10,000 sites, according to founder and CEO Christian Sanz.

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TechCrunch

MAY 11, 2022

The latest round brings its total funding raised to $41.4 JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt.

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TechCrunch

AUGUST 30, 2021

million USD) in Series C funding. The company’s Series C, which it claims is one of the largest private rounds raised by a Southeast Asian healthtech company, brings its total funding to more than $140 million SGD. . As a result, the company started its home care services and physical clinics. . million users.

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TechCrunch

MARCH 2, 2021

The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. million in a Series B led by Silicon Valley heavyweight Accel. billion in payment value annually.

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Asia Raise Philippines Indonesia 99

The Verge

NOVEMBER 27, 2020

Stunts — some in person and some online — are planned to take place in the Philippines, Bangladesh, India, Germany, Poland, Spain, Luxembourg, France, Greece, the United Kingdom, the United States, and more. We’re asking people to add their name to those common demands and to donate to the strike funds for Amazon workers,” Schneider says. “So,

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TechCrunch

NOVEMBER 28, 2022

The newest round was led by the InsuResilience Investment Fund II, which was launched by the German development bank KfW for the German Federal Ministry for Economic Cooperation and is managed by impact investor BlueOrchard. Igloo was created to make insurance more affordable and relevant to the needs of communities in Southeast Asia.

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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. In order to go public, Grab has chosen to merge with a SPAC named Altimeter Growth Corp.

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TechCrunch

AUGUST 16, 2022

Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. It’s important not to confuse this Pomelo with another Pomelo, a fintech-as-a-service platform for Latin America that has raised $9 million in funding. ) Oh, fintech.

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TechCrunch

MAY 30, 2022

million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. 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.

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TechCrunch

OCTOBER 12, 2022

People do not know how to pay gas fees, do not know how to bridge across various blockchains, people do not know what transaction they are approving and end up losing funds.”. It plans to do the same for other crypto services like payments. “We saw a pattern of problems repeating,” the two told TechCrunch.

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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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