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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law. out of its 33.6

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BrioHR raises $1.3M ahead of Y Combinator’s demo day

TechCrunch

TechCrunch caught up with Benjamin Croc , the company’s co-founder and CEO, who is located in Kuala Lumpur, Malaysia (the city pictured in the image at the top of this post). In our conversation, TechCrunch was curious about how prevalent SaaS as a model is in Malaysia and the other countries the startups wants to sell into.

Raise 105
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Korean car-sharing startup SOCAR has filed for an IPO   

TechCrunch

(The startup, however, had to cease its van-hailing service in 2020 because of South Korea’s revised law that restricts ride-hailing to only licensed taxis and limits rental car services from offering drivers, with the exception of vans with 11 to 15 seats.) million so far. . million so far. .

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Australia-based Employment Hero raises $45M AUD for its global expansion

TechCrunch

Employment Hero doubled the number of its full-time employees to 200 last year, and launched versions in New Zealand, the UK, Malaysia and Singapore. Localized versions of Employment Hero include pre-built employment contracts and policies that comply with local laws.

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Google’s Waze lays off 5 percent of its workforce, closes offices in Asia and Latin America

The Verge

Waze is also closing offices in countries like Malaysia, Singapore, Colombia, Chile, and Argentina, as it seeks to bring more focus in countries where its business is growing. Healthcare: We are giving each impacted employee as many continued benefits as possible, in accordance with local law.

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Vietnam and Indonesia Join TechSoup Asia’s Growing Family

Tech Soup

They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia. VietNet-ICT also actively participates in policy discussions to formulate laws and policies relating to information, technology, and communication towards sustainable development and equity.

Vietnam 54
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Spend management space sees a large raise, and layoffs, in the same week

TechCrunch

Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law.”