TechCrunch

MARCH 15, 2022

Wagely , an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M. It brings wagely’s total raised to $14 million since it was launched in 2020. Many of these corporates fit into the target profile of wagely customers.

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TechCrunch

MAY 29, 2022

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. The Series B round was led by Accel, Citius and Tiger Global, with participation from existing investors AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India.

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South Korea Indonesia Work Raise 101

TechCrunch

MAY 3, 2021

Hangry , an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries.

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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. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.

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Business Indonesia Raise Malaysia 98

TechCrunch

DECEMBER 28, 2021

This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. million people.

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Indonesia Asia Singapore Aggregator 122

TechCrunch

MARCH 1, 2021

The Sydney, Australia-based company announced today it has raised a $45 million AUD (about $34.8 Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. million USD). 6 VCs share their bets on the future of work.

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Australia Global Raise New Zealand 79

TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Railsbank raises $10M Series A for its open banking and compliance platform.

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Sri Lanka Service Fund Raise 115

TechCrunch

AUGUST 19, 2021

The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. The new funding brings its total raised to $12 million. We are really at a tipping point for GDP per capita and a lot of insurance carriers are focusing more on Indonesia,” said Ficari.

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Raise Indonesia Policy India 106

TechCrunch

JANUARY 12, 2022

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. Bibit raises another growth round led by Sequoia Capital India, this time for $65M. million registered users in Indonesia, and says that from January 2020 to November 2021, it marked 22x growth in monthly transacting users and 28.5x

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Indonesia Raise Literacy Asia 85

TechCrunch

JULY 12, 2021

If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. BukuKas and BukuWarung , for example, both recently raised large rounds to fuel their race to digitize SMEs’ operations. The company announced today it has raised $4.8

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Indonesia Digital Raise Pennsylvania 100

TechCrunch

MARCH 2, 2021

Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. And Southeast Asia is no exception. million in a Series B led by Silicon Valley heavyweight Accel.

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Asia Raise Philippines Indonesia 99

TechCrunch

AUGUST 31, 2021

At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B.

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Russia Malaysia Philippines Raise 100

TechCrunch

JUNE 8, 2021

Today, Indonesian EWA startup wagely announced it has raised $5.6 Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma, former president director of insurance company PT Asuransi Adira Dinamika.

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TechCrunch

SEPTEMBER 7, 2021

The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia.

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Comparison Vietnam Raise Asia 98

TechCrunch

JULY 14, 2021

The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. All of Tinvio’s existing investors—Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures—also returned for its Series A, which brings Tinvio’s total raised to $18.5

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Singapore Service Build Raise 100

TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The new round brings its total raised to $538 million and was led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. In the U.S.,

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Indonesia Philippines Asia Malaysia 99

TechCrunch

APRIL 19, 2022

GoTo, the combined entity resulting from the merger of Gojek (an Indonesian ride-hailing player) and Tokopedia (an Indonesian e-commerce company), raised around $1.1 trillion, per the company ) in its public-market debut on the Indonesia Stock Exchange (IDX) earlier this month. GoTo most recently raised a $1.3 billion (IDR15.8

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Global Yahoo United States Indonesia 83

TechCrunch

AUGUST 9, 2021

Pintu is the latest investment app in Southeast Asia to quickly raise a much larger follow-on round as interest in retail investing grows. With the Coinbase IPO and a lot of new users onboarding, we think it’s the right time for us to raise a larger round to finance faster growth,” he said.

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Indonesia Fund Demographics Education 100

TechCrunch

MAY 31, 2021

Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures.

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Singapore India Raise Taiwan 100

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. . The cloud kitchen market in Asia is projected to grow at 14.2% billion by 2030 , up from $15.2

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Vietnam Philippines Raise Asia 100

TechCrunch

DECEMBER 22, 2020

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. Once it completes the program, it will be able to partner with more fintech companies in Indonesia, including bigger institutions.

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Singapore Open Indonesia Asia 107

TechCrunch

NOVEMBER 14, 2021

The startup has raised a $72 million (85 billion won) Series C round from a single backer STIC Investments , JohnWoo Lee, CEO of Rsquare , said in an interview with TechCrunch. The latest funding brings its total raised to approximately $95 million. The pandemic has been hard on the commercial real estate market globally.

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South Korea Vietnam Raise Los Angeles 76

Beth's Blog: How Nonprofits Can Use Social Media

APRIL 18, 2013

I was honored to be invited to cover this year’s Global Philanthropy Forum , a community of donors and social investors committed to international causes. ” with Jacob Harold , Guidestar; Robert Kirkpatrick , UN Global Pulse; Mayur Patel , Knight Foundation. Global Pulse @rgkirkpatrick.

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Philanthropy Data Global Resource 102

TechCrunch

OCTOBER 13, 2022

This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022. It works with regulators and incumbent banks, and was recently awarded a Bank of Indonesia (BI) Payment Service Provider Category 1 license.

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Asia API Indonesia Open 90

TechCrunch

JANUARY 12, 2021

Dable announced today that it has raised a $12 million Series C at a valuation of $90 million, led by South Korean venture capital firm SV Investment. Dable (the name is a combination of “data” and “able”) currently serves more than 2,500 media outlets in South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia.

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South Korea Content Taiwan Platform 95

TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million. . Flip is Insight Partners’ first investment in Indonesia. . trillion in 2020, citing Bank Indonesia’s data. .

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Indonesia Support India Fund 82

TechCrunch

APRIL 19, 2021

The company announced today it has raised $10 million in Series A funding co-led by Alpha Wave Incubation and edtech-focused GSV Ventures. This marks the first time both have made an investment in Indonesia. One of the Jakarta-based company’s goals is to improve educational standards in Indonesia.

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Indonesia Asia Student Offline 88

TechCrunch

APRIL 28, 2021

In Indonesia, daily necessities often cost more in smaller cities and rural areas. The startup announced today it has raised an oversubscribed $28 million Series B led by SoftBank Ventures Asia. Other social commerce companies in Indonesia include KitaBeli, ChiliBeli and Woobiz.

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Asia Indonesia Social Raise 71

TechCrunch

APRIL 7, 2022

The new round of funding brings its total raised to $5.8 Lai said that another key specialization is its competitive shipping rates and steeper discounts that allow global brands to trial or test their products in a completely new market. . Peeba is bringing about the next stage of global retail innovation.

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Marketing Asia Digital Raise 87

TechCrunch

APRIL 12, 2021

Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 More than 80% of households in Indonesia, Malaysia, Thailand and Vietnam own two-wheeled vehicles, but the majority are fueled by gas. Son Nguyen, founder and chief executive officer of Dat Bike.

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Vietnam Asia Raise Malaysia 101

TechCrunch

NOVEMBER 16, 2021

Singapore-based Deskimo , the on-demand app that lets people find co-working spaces and pay by the minute, announced today it has raised a $3 million seed round. Participants in the round included Y Combinator (Deskimo was part of its summer 2021 cohort ), Global Founders Capital, Pioneer Fund, Seed X, Starling Ventures and TSVC.

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Singapore Asia Raise Indonesia 91

TechCrunch

SEPTEMBER 5, 2022

The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The rest of the round came from investors including iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. The new capital brings Docquity’s total raised to $57.5

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United Arab Emirates Professional Saudi Arabia Philippines 76

TechCrunch

SEPTEMBER 15, 2022

Cryptocurrency transactions in Indonesia hit $60 billion last year , according to the country’s commodities futures trading agency. Today, the startup, founded in 2017, announced it has raised $11 million in Series A funding, led by AC Ventures (ACV) with participation from Coinbase Ventures and Skystar Capital.

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Indonesia Platform Leadership Education 87

TechCrunch

DECEMBER 26, 2022

Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. 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

JUNE 6, 2022

The cryptocurrency-focused app has raised a $113 million Series B from Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital. Launched in April 2020, Pintu bills itself as “Indonesia’s leading homegrown crypto assets platform.” For example, gaming is a big thing in Indonesia with over 100 million gamers in the country.

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TechCrunch

APRIL 27, 2023

Indonesia emerged as the best choice. Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools.

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Indonesia Malaysia Profit Asia 98

TechCrunch

AUGUST 3, 2021

to send money to the region, much higher than the global average of 6.8%. “We spent some time in Asia, given the growing trade relationship between the two corridors [Africa and Asia], and saw the growing need to make this more efficient, faster and cheaper, evolving from remittances to global payments. ” he added.

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