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Voyager Innovations , the Manila-based owner of PayMaya , one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. Voyager’s total raised since 2018 now stands at $452 million. valuation.
I remembered my Dad, who passed away this year, who was a WW2 Vet and stationed in the Philippines. Large organizations like the ones identified by in this Huffington Post list of charities are also raising money and mobilizing relief efforts, including the Red Cross , Direct Relief , and Save the Children.
Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. The $30 million total it has raised include its seed funding and Series A, which according to a July 2020 profile in Esquire Philippines was $14 million.
An international group of climate activists and Amazon warehouse workers have launched an online campaign called “Make Amazon Pay, ” calling on the tech giant to provide better working conditions for its employees and to reduce its expanding carbon footprint. The “Make Amazon Pay” logo projected onto Amazon’s campus in Hyderabad, India.
Manila-based Humble Sustainability is a circular economy startup that wants to keep it out of the Philippines’ landfills. There are other solutions like internal employee sales, but those only account for a small percentage. With Humble, it’s full consolidated,” he said. “We
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.
GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 Investors included the International Finance Corporation, KKR, Wavemaker Partners and the Temasek Group’s Pavilion Capital. million to its Series C round.
Philippines-based Plentina , a buy now, pay later startup focused on emerging markets, announced today it has raised $2.2 The new capital will be used to speed-track Plentina’s growth in the Philippines, expand its product and start exploring launches in other countries, including Vietnam. seed round.
Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. NYX founder and Bespoke Beauty Brands CEO Toni Ko will also join Summer International as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.
If you’re in India, the Philippines, Russia or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B.
Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Pomelo, Frenkiel’s new startup launching out of stealth today, wants to make it easier to send remittance payments and conduct international money transfers, with a credit twist.
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. It also plans to enter the Philippines in the third quarter. million, led by J12 Ventures.
The latest round brings its total funding raised to $41.4 Founder and CEO of Zeals Masahiro Shimizu pointed out that the startup has communication designers using its internal no-code bot builder to customize its service for users. Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others.
MadEats , Y Combinator alum, claims to be the first “‘full-stack’ delivery-only startup in the Philippines,” with their own virtual storefront, ghost kitchens and fleet of drivers. The company announced today it has raised $1.7 MadEatsOS, its suite of internal tools, is what makes MadEats approach scalable.
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 new capital brings Docquity’s total raised to $57.5 It has also set up internal compliance and pharma co-vigilance team to ensure privacy and security.
Locad , a startup that wants to help with what it describes as an “end-to-end solution” for cross-border e-commerce companies, announced today it has raised a $4.9 Its clients range from startups to international brands, and include Mango, Vans, Payless Shoes, Toshiba and Landmark, a department store chain in the Philippines.
In the latest development, Lentra , an Indian embedded AI-based finance startup, has raised $60 million — a Series B that values the startup at “over $400 million,” D Venkatesh, the founder and CEO of the startup, told TechCrunch in an interview.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 ” Financial API provider Brick is building the infrastructure for open banking in Southeast Asia.
Our deepest sympathy goes out to all those affected by the typhoon in the Philippines. ChildFund International. International Federation of Red Cross/Red Crescent. International Medical Corps. Plan International. We appreciate the important work that nonprofits are doing to provide aid and ensure a swift recovery.
Young startup Atlan, which has built a SaaS data collaboration platform and is courting customers in international markets, has now won the trust of some high-profile investors. Atlan said on Tuesday it has raised $16 million in its Series A financing round that was led by Insight Partners.
The company announced today that it has raised a $70 million Series C led by Gobi Partners and SPIL Ventures, with participation from returning investor Inspire Ventures. This brings the company’s total raised so far to $109 million since it was founded in 2015. The answer is very well-documented. It’s about 8%.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. This brings Glints’ total raised so far to $80 million. The round was co-led by DCM Ventures, Lavender Hill Capital and returning investor PERSOL Holdings.
Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, the venture capital firm led by fintech veterans including Jeff Cruttenden, co-founder of Acorns and Eli Broverman, co-founder of Betterment, also invested.
Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. Most notably, BukuWarung and BukuKas , two competing bookkeeping apps, both raised significant amounts of funding this year. A close look at Singapore’s thriving startup ecosystem.
It’s developed it own unique — it claims — internal tools to make sure that UID is verified by WhatsApp Business and that the connection is made between a small business owner’s personal number and its new WAB number (the cost is a low £4.99 and is planning to move into Brazil, India, the Philippines and Germany.
Pylon , an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. based Endure Capital, which is backed by British International Investment (formerly CDC Group), the development finance institution of the U.K. government. Pylon grew its revenues by 3.5x
AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1% AppWorks’ ecosystem now includes 414 active startups that have collectively raised $4.3
Australia-based Employment Hero raises $45M AUD for its global expansion. “We We had been speaking with them for years, so when they asked if we would consider raising, we agreed it was definitely worth exploring. The new capital will be used to hire for its engineering teams and for the company’s continuing international expansion.
Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.
This latest one spotlights the many great interns, associates and fellows that are or were working for Benetech over this summer and into this year. He’s working on the new Bookaccess program – and he’s working on Benetech’s larger mission – “Raising the Floor,” a phrase that refers to making technology accessible to all.
Interpark offers online travel booking services and international shipping to more than 230 countries and targets Korean, English, Chinese, and Japanese-speaking customers. The acquisition comes on the heels of Yanolja raising $1.7 Indonesia, the Philippines, India, and Africa as of September year on year. . billion IPO.
The conversation in startup land has shifted from building in public to, hey, maybe let’s just figure things out internally before we scream to the masses. Top customers include Adidas, Bitly and Philippine Space Agency. The Slack feature is not available for general users right now, to be clear — only alpha users.
based online university platform Nexford University has raised $8 million in a Series A round co-led by New Markets Venture Partners and Learn Capital, two prominent edtech venture capital firms in the U.S. The company plans to partner with others to launch such centers in markets like Kenya and the Philippines.
SwipeRx , a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers. Certainly, SwipeRx — which raised $6.3
It’s so popular that a startup in the Philippines that exists solely to lend money to players who want to get started in “Axie Infinity” (one needs first to buy its digital creatures) attracted a check from Andreessen Horowitz. We were able to raise the entire $90 million in four months.
This particular Carnival raises the question of how to decide which online social media tools to use and ramp up your skills using it. SaveGuimaras is a group of individuals who are dedicated to raising awareness on the recent oil-spill tragedy in Guimaras, Philippines.
Speaking of impact, London, England-based Childreach International works in partnership with local communities in the developing world to help improve children’s access to healthcare, education, child rights, and protection. In the past year, Childreach International has impacted the lives of over 70,000 children.
Here’s a little background: #BitcoinTuesday is an international campaign. It runs parallel with #GivingTuesday every year to connect crypto friendly nonprofits with crypto donors and companies to help raise money for worthy causes before the end of the year during that crucial, fourth quarter. Bill is a retired plastic surgeon.
We’ll leave aside the philosophical questions this raises about the nature of fun.). A report from research firm Naavik indicated that the typical player’s daily earnings had fallen below the minimum wage in the Philippines, Axie Infinity’s top market. Game economies are fantastically difficult systems to balance,” says King.
Other hard-hit countries will include Nigeria, Indonesia, the Philippines, Pakistan, Sudan, and Niger. Food shortages Flooding, heat stress, and changing weather patterns will make it harder to grow crops and raise livestock. The Arctic is predicted to be practically ice-free during summertime. degrees Fahrenheit.
The contested Bugoma Forest is home to nine mammal species on the International Union for Conservation of Nature Red List of Threatened Species, including about 600 endangered chimpanzees. Soon after, activists in the Philippines appealed to Twitter to reinstate the account of the left-wing political party, Anakpawis, that Echanis chaired.
Mission: Destiny Rescue (DR) is an international Christian-based anti-sex trafficking nonprofit organization dedicated to rescuing children from human trafficking and sexual exploitation. DR has also ensured justice for those who have been wronged and raised awareness to untold numbers.
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