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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

And the company is working on adding India and the Philippines. And it turns out you need cash on your balance sheet in the Philippines if you want to get a license from the local regulator — it doesn’t matter if you have a ton of money sitting in your bank account in London. Checkout.com is regulated in the U.K.,

Raise 139
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Indonesian government wary of Temu’s entry, citing threats to local sellers

TechNode

Indonesias trade officials said Temus business model conflicts with local government regulations, which require a distributor or intermediary to be present in the product’s journey from factory to consumer.

Local 52
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Financial comparison “super app” Jeff raises $1.5M seed extension

TechCrunch

Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia. 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.

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Socialbrite: Social Tools for Social Change

Amy Sample Ward

She is currently a Kiva fellow serving a three-month tour in a rural section of the Philippines. All materials created for the site are released under Creative Commons licenses so that other sites and blogs can freely reuse the content. The Socialbrite site features dozens of videos, screencasts and slide presentations.

Social 100
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Apple’s privacy-focused Private Relay feature isn’t coming to China

The Verge

Other countries where Private Relay won’t be available include: Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines. The previous year, Apple removed several major VPN apps from its App Store in China in response to local regulations requiring VPN providers to have a government license.

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NewCampus wants to train the first-time managers within Southeast Asia’s tech giants

TechCrunch

Fan mentioned how companies like Grab, GoJek and Carousell still turn to local trainers in countries like Indonesia, Thailand and Singapore — giving his company an opportunity to come in and bring more advanced pedagogy and branding. Will edtech empower or erase the need for higher education?

Train 99
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Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia

TechCrunch

Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.

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