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

TechCrunch

and Philippines. The investors for this unnamed round include Apis Growth Fund II, a private equity fund managed by Apis Partners, and Gokongwei-owned JG Summit Holdings, one of the largest conglomerates in the Philippines. Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa.

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

TechCrunch

The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). Indonesian payments infra startup Xendit raises $64.6M

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Plentina, a ‘buy now, pay later’ startup focused on emerging markets, raises another $2.2M

TechCrunch

Philippines-based Plentina , a buy now, pay later startup focused on emerging markets, announced today it has raised $2.2 The latest funding was led by TMV, with participation from Global Founders Capital and returning investors AV Ventures, Techstars and Unpopular Ventures. seed round. Plentina also added new loan terms.

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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

TechCrunch

million USD) Series B led by Tiger Global, with participation from Jason Lenga. “Southeast Asia is predicted to be the world’s largest e-commerce market in the next five years, and the addressable market for us in Southeast Asia alone is already five times the size of Australia and twice the size of the U.S.,”

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Tala grabs $145M to offer more financial services in emerging markets

TechCrunch

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. She discovered that many people she talked to in emerging markets were creditworthy but lacked immediate access to credit and quick loans. where it is headquartered.

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Okra Solar is bringing renewable energy to underserved markets

TechCrunch

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. Image Credits: Okra Solar.

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Dipp uses AI to fix bottlenecks between marketing and design teams

TechCrunch

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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