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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. This time, a startup from Africa has joined the party. The company made this known via a statement.
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
million USD) Series B led by Tiger Global, with participation from Jason Lenga. Shippit is considering expansion into the Philippines and Indonesia, too, and expects its Southeast Asian business to grow 100% year-over-year for the next three years at minimum. ” co-founder and co-chief executive officer William On told TechCrunch.
The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing investors are also participating. According to the startup, it is now the fourth-largest fintech company globally. And the company is working on adding India and the Philippines.
Among a variety of justice system-strengthening projects around the world, IJM specifically focuses on ending impunity for online sexual exploitation of children in the Philippines, a global hotspot for the trafficking of children to produce new CSEM through livestreaming video on popular video chat platforms.
The Association Laboratory Research Alliance is comprised of global, national, and state societies for association executives, including such well-known names as AAMSE, CESSE, Association Forum, AMC Institute and more (complete list below).
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. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
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
Akulaku, which operates in the Philippines and Malaysia in addition to Indoensia, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.
If you’re in India, the Philippines, Russia or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others. They have succeeded in going global; becoming competitive in 10 new international markets.”.
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. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round of funding in September 2021.
Philippines-based nonprofit Yellow Boat of Hope Foundation was selected winner of the.ORG of the Year award, recognizing the organization’s work to provide access to education for children in remote and poverty-stricken areas by providing boats to reach their schools. Yellow Boat of Hope is also the winner of the 2024.ORG
Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Inside Plaid’s plans to build a new, global finance network. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion.
Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. The global shift toward more digital transactions over the past year led to increased demand for Xendit’s infrastructure and services, according to Wijaya. billion in payment value annually.
Greece is one of the global superpowers in shipping, so when I was working in consulting, I became close to the industry and really fell in love with it.”. Shipping companies are based around the world, but about 50% of seafarers come from Eastern Europe and the Philippines, so they typically rely on agencies to staff vessels.
This past Sunday was October 10th, 2010 – also know as 101010, the Global Work Day for climate action supported by 350.org Cebu, Philippines. Try the water calculator – the questions are insightful and make you think, and the usage answer at the end may surprise you! org and others. 350 action in Oman Dive Center.
Relief organizations and first-responders are mobilizing to provide aid to those affected by Typhoon Haiyan in the Philippines. The staff at TechSoup Global is keeping all those affected by the devastating typhoon in our thoughts as we work to support recovery efforts. Image: Philippine Red Cross. wireless subscribers.
The protests come just as the New York Times reports that the Seattle-based company has been on a hiring spree this year, expanding its global workforce. Today there’s a global day of action with strikes, protests, and stunts across five continents,” James Schneider, the communications director for Progressive International, tells The Verge.
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.
Using photos for online organizing is not limited to the US, it is global. Here is a recent example from Global Voices Online reporting on how activists in the Philippines used selfies to protest train fare hikes. This campaign combines the popular selfie with the time honored hold a sign meme. Family is Familia.
The round was co-led by Global Founders Capital and Wavemaker Partners, with participation from Gentree Fund, AfterWork Ventures, Reshape Ventures, Nordstar, Pentas Ventures, Moving Capital, Gojek co-founder Kevin Aluwi, NasDaily’s Nuseir Yassin, YouTuber Lazar Beam and Radish Fiction founder Seung-yoon Lee.
Igloo currently works with 20 global, regional and local insurers across Southeast Asia. Mehta said that the penetration rate of insurance in much of Southeast Asia is low, less than $100 USD per capita across Indonesia, Vietnam and the Philippines. Another, more recent one, is is Weather Index Insurance product in Vietnam.
The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
The new capital will be used to expand Glints’ talent supply base in the Philippines and employer demand globally and hiring for its product and tech teams. Founder and CEO Oswald Yeo told TechCrunch the company is focusing on the Philippines because of “its large and fast-growing international workforce.
We talked yesterday with Simpson — who joined a16z after first backing some of the same startups, including the blockchain infrastructure company Dapper Labs and the global payment platform Celo — to learn more about what’s happening at the intersection of crypto and gaming.
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. The global population of people without any power currently stands at ~770 million,” CEO Afnan Hannan noted in a conversation with TechCrunch. Image Credits: Okra Solar.
The global market of conversational commerce, also known as chat commerce or conversational marketing, is expected to increase to $290 billion by 2025, up from $41 billion in 2021, representing a 590% rise for the next four years, according to a report by Juniper Research. Shimizu added.
It also plans to enter the Philippines in the third quarter. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia.
million seed funding it has raised from 500 Global, P1 Ventures, Launch Africa, and Middle East VCs Seedra Ventures, Arzan Ventures, Propeller, Core Vision, as well as a number of regional investors. Gameball’s clientele include Sega, Xiaomi, Experience Philippines and Breadfast. Gameball’s expansion drive is backed by a $3.5
Australia-based Employment Hero raises $45M AUD for its global expansion. “We After that, it plans to localize Employment Hero for Indonesia, Thailand, the Philippines, Hong Kong and Vietnam. Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces.
I just had to take that chance." - Jensine Larsen Jensine Larsen is the Founder and CEO of World Pulse , a global media and communication network devoted to bringing women a global voice. Jensine Larsen: World Pulse is a global media enterprise fully devoted to bringing women a global voice.
The rest of the round came from investors including iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. The funding will be used to grow Docquity in its existing markets, like Indonesia and the Philippines, and enter new ones, including Japan, the United Arab Emirates, Saudi Arabia and Egypt.
As of 2019, Singapore had over $19 billion in PE and VC assets under management, more than twice that of neighboring Indonesia, Philippines, Vietnam, Malaysia, and Thailand combined. A glimpse into Singapore’s current startup ecosystem.
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.
Because it relates to blogging and because part of my extended family is from the Philippines (as well as Cambodia) here goes: By way of Global s Online , a Google Bombing campaign to change the online image of women from the Philippines and take back the keyboards flipina and Philippines. Add the image to the post.
Pillow supports deposits and withdrawals with fiat currency through local partnerships in Nigeria, the Philippines and Vietnam, with plans to add more across Southeast Asia, Africa and Latin America with its new funding. It focuses on retail investors, enabling them to start with investments as small as $5.
Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States. Some of its previous backers include EDBI, Entrepreneur First, 500 Global, SparkLabs Global Ventures and Michael Seibel.
It operates in the United States, South Korea, Singapore, the Philippines and Indonesia. Summer International co-founder and CEO Xiaoski Kuik said the company’s goal is to create an ecosystem to help influencers and creators launch and sell beauty brands using consumer data and analytics.
Fairbanc also received previous investment from East Ventures, 500 Global and Michael Smapoerna. Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever.
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. As a global financial center, one could argue that Singapore’s startup ecosystem is in a category of its own when compared to its neighbors.
The company, which was founded in 2013, also plans to strengthen its global operations across six countries — Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the Philippines.
Thus, by aggregating off-chain and on-chain data into a non-fungible credit report, Masa says it gives lenders, and developers access to the tools needed to evaluate borrower risk and launch lending products for individuals and businesses globally. . “The world we’re building for is where people’s data are owned themselves.
In 2014, Tala first launched its mobile application to offer credit and collateral-free loans to consumers in Kenya but has since expanded to the Philippines, Mexico and, more recently , India. And Tala could change that; and so far, it has (to an extent). . where it is headquartered.
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