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The Philippines is one of the most disaster-prone countries in the world, with geography that makes it vulnerable to typhoons, floods, volcanos, earthquakes and droughts. An example of Komunidad dashboards, created for a project in Mandaluyong City, the Philippines. Komunidad also enables its customers to build their own alert systems.
At the end of last year, Xendit expanded into the Philippines, and says it is now one of the biggest payment players in the country. Suddenly the malls are closed, so we’ve been able to sign some of the bigger retail outlet groups in the market as well.”. This new round brings its total funding so far to $238 million.
The Sydney-based company creates hardware and software solutions designed to bring solar-based power to developing markets. 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. Headcount will increase as well.
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. We’re really looking to diversify holdings, leveraging learnings from one market to another,” said Sosrodjojo.
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.
Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. . Advanced rider assistance systems: Tech spawned by the politics of micromobility.
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.
My first post in this series described how businesses should start when considering expansion into Asia, which is home to some of the largest and fastest growing markets in the world. For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player?
Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms. The Philippines was chosen as one of Brick’s next markets because of “the development in open banking,” Tan said.
Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Africa’s cryptocurrency market grew by 1,200% to $105.6 Still, it is when compared with its peers in Africa as no local crypto platform serving just Africa has reached a million customers.
While JustKitchen launched operations last year in Taiwan, it is incorporated in Canada, with plans to expand into Hong Kong, Singapore, the Philippines and the United States. We felt there really was a need to get going as quickly as we could and really get out into the market.”. and the Frankfurt Stock Exchange in Germany.
Founded in 2021 by Arindam Roy, Rajath KM and Kartik Mishra, Pillow is focused on emerging markets like Africa and Southeast Asia. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Create a social media punch list for cryptocurrency marketing.
Simpson is relatedly intrigued with NFT-based “play-to-earn” models, wherein gamers can earn cryptocurrency that they can then cash out for their local currency if they so choose. The NFT market is just getting started, but where is it headed? Indeed, a16z is announcing today that it just led a $4.6
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.
Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. The market opportunity is there. ” It is also eyeing other markets. We’ll cover every aspect of company-building: Fundraising, recruiting, sales, legal, PR, marketing and brand building.
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. But in each country we launch in, that will look very different, so we will look at local payment methods in every country.
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. About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.
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.
It operates in the United States, South Korea, Singapore, the Philippines and Indonesia. The company launched in 2018 along with Gushcloud International, an influencer marketing firm. It also provides data points like pricing and demographics to create new brands and market them.
Founded in Sydney in 2014, the company is now expanding into Southeast Asian and Western European markets. Employment Hero began entering new markets in October 2020, launching localized versions of the platform in New Zealand, the United Kingdom, Malaysia and Singapore.
It also plans to enter the Philippines in the third quarter. The hottest fintech market you aren’t paying attention to. 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.
-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. New Markets Venture Partners general partner Jason Palmer and Learn Capital managing partner Greg Mauro will join Nexford’s board. .
While based in Luxembourg, the startup is focused on emerging markets, with a partnership-based approach. Since being founded in 2019, the company has worked with partners in the Philippines, India, and Niger. It now plans to use its funding to hire and expand its presence in existing and new markets.
The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. This lets Jenfi continuously monitor its borrowers’ business activity, including revenue growth and marketing return on investment.
The capital will be used for expansion and growth in markets including New Zealand, Southeast Asia and the United Kingdom. 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. million USD).
The Socialbrite team is made up of strategists with deep experience in offering social media consulting services, training workshops, conversational marketing, fundraising and outreach campaigns. John Haydon, a consultant who advises small nonprofits, small businesses and social entrepreneurs on social marketing strategies.
PDD-owned Temu made a quiet debut in the Philippines this past weekend, its first Southeast Asia destination, bringing the budget shopping app into head-to-head competition with Chinese counterparts Lazada and TikTok Shop. Boston-headquartered Temu works with different third-party logistics providers for local delivery.
Other countries where Private Relay won’t be available include: Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines. The move is the latest concession Apple has made in order to offer its services in China, a market which Reuters notes accounts for almost 15 percent of its revenue.
We feel like there is a clear gap in the market, namely conventional, productive and larger ticket size consumer lending products offered on a user-friendly digital platform,” he said. Indonesia’s mortgage penetration rate is also just 3% of the local GDP, one of the lowest in Southeast Asia.
For unbanked users, Firnando said Verihubs is working closely with Payfazz, which lets customers deposit money with local agents to use for online payments, and BukuWarung, a bookkeeping app for SMEs, to access transaction data. Verihubs is currently focused on Indonesia, with plans to expand into other Southeast Asia markets eventually. “For
South Asia, for instance, has the lowest average remittance costs across all regions at 4.95% (these percentages are reported on a standard $200 transfer); therefore, it makes sense to tap into the opportunities the market presents. The company claims to be growing at 396% year-on-year since 2019 and has hopes to continue in that fashion.
The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. In other words, Plugo enables D2C merchants to focus on their products and supports other processes.
I talked with CEO and co-founder Richie Serna all about it, and why he thinks what Finix has built is different from what legacy players and Stripe have on the market. clients “have some sort of global operations.” “Now, if you use Brex, you can actually operate as if you were a local company with a local card.”
There’s a lot of workforce training tools on the market right now: Udemy, BetterUp, Skillshare, Udacity; but NewCampus is confident that it can win by selling to a market it believes is underserved: Southeast Asia. NewCampus offers live classes for first-time managers. Image Credits: NewCampus.
Level Infinite, the overseas gaming distribution arm of Tencent Games, announced on Thursday that it has launched a global version of its hit mobile game Honor of Kings in a swathe of new international markets including Japan, South Korea, North America, and Europe. billion ($1.88 billion ($4.77 In 2023, Honor of Kings reached nearly $1.48
Xfers says it has access to more than 10 million underbanked consumers in Indonesia through its work with agent banking services, and also plans to expand into Thailand, the Philippines, Malaysia and Vietnam. We’ll cover every aspect of company building: Fundraising, recruiting, sales, legal, PR, marketing and brand building.
Waze will also close several of its offices in the Asia-Pacific and Latin America regions as it seeks to refocus its business on certain markets. Of the 30 people receiving pink slips, most are from the company’s sales, marketing, and partnerships divisions. Waze will “rethink priorities,” CEO Noam Bardin said in the email.
Why it matters: The news comes after Chinese car brands combined market share reportedly swelled by six points to 11% in Thailand in 2023, thanks to growing demand driven by favorable subsidies and tax breaks for EV purchases. It has also signed contracts with car dealers in Laos, Myanmar, and the Philippines, Reuters reported on March 12.
Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers. Since Big Tech came to Denver, investors can’t buy enough local startups.
They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia. TechSoup Asia Asia is a nonprofit collaborative venture between TechSoup Global and its local nonprofit organization partners, Connecting Up Australia and the Hong Kong Council of Social Service.
Sara Venturina, VP Head of Data from GCash, the Philippines’ leading e-wallet, and Trevor Laight, Chief Risk Officer from CIMB, a leading ASEAN universal bank, hosted a discussion panel with Jay Schuren, DataRobot Chief Customer Officer. Local explanations provide row-level explanations for why a model made a prediction.
There are NetSquared groups in 50 cities who are dedicated to holding events for their local nonprofit technology communities. Ouagadougou, Burkina Faso: Monthly Meeting of Local Members. Melbourne, Australia: Content Marketing for NFPs: Get Results! Manila, Philippines: Social Media Surgery. Sunday, April 26, 2015.
Help __ Deliver Hope to the Philippines. Help your local homeless shelter, arts programs, and animal rescue–all at the same time. Research & Trends email email fundraising end of year fundraising end of year giving fundraising marketing online giving' Be a Hero Like Albert! Still looking for gift ideas for your family?
Problem: Today with more than 300 members, The Code remains lean with just two staff and 35 regionally dispersed local representatives across 35 countries, while providing maximum impact.
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