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Fairbanc provides BNPL for micro-merchants in Indonesia

TechCrunch

One example is Fairbanc , which is based in Singapore but focused on Indonesia. Fairbanc announced today it has raised $4.8 Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever. million in pre-Series A funding led by Vertex Ventures.

Indonesia 100
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Jakarta-based cloud kitchen startup Legit Group gets Series A to take over the rest of Indonesia

TechCrunch

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 The round was led by MDI Ventures, the venture capital arm of PT Telcom Indonesia Tbk, the largest telecom conglomerate in Indonesia. Other cloud kitchen startups in Indonesia include Yummy and Hangry.

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Indonesia-based Rey Assurance launches its holistic approach to insurance with $1M in funding

TechCrunch

The startup is launching out of stealth today, having already raised $1 million in pre-seed funding from the Trans-Pacific Technology Fund (TPTF). . They created Rey to address the low penetration of life and health insurance in Indonesia. Some other startups that have recently raised funding include Lifepal , PasarPolis and Qoala.

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Waste4Change is building a circular economy in Indonesia

TechCrunch

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. Waste4Change’s team. To use Waste4Change, customers can ask for a pick-up team to collect their pre-sorted trash or drop it off themselves.

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ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options

TechCrunch

The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round.

Asia 102
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Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes

TechCrunch

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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BukuWarung, a startup digitizing Indonesia’s SMEs, raises new funding from Rocketship.vc

TechCrunch

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc Other companies serving SMEs in Indonesia, Southeast Asia’s largest economy, include BukuKas and CrediBook. and an Indonesian retail conglomerate.

Digital 89