TechCrunch

NOVEMBER 15, 2021

Entrepreneurs and small and medium enterprises (SMEs) often struggle to deal with several siloed functions, such as company secretary, bookkeeping, banking, tax, payroll, employment services, insurance and more. and the Philippines. Corporate services “superapp” Osome lands $16M Series A. based SMEs.

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TechCrunch

OCTOBER 14, 2021

To add to that, over 2 billion of these people have limited access to financial services and working capital per World Bank statistics. In 2014, Tala first launched its mobile application to offer credit and collateral-free loans to consumers in Kenya but has since expanded to the Philippines, Mexico and, more recently , India.

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TechCrunch

NOVEMBER 17, 2020

Launched in the Philippines, social commerce startup Resellee wants to recreate the success of Pinduoduo, one of China’s fastest-growing e-commerce companies, in Southeast Asia. Concio told TechCrunch that there are currently about 40,000 resellers on Resellee’s platform, and each has an average of about 20 buyers.

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TechCrunch

JANUARY 25, 2022

The funds will be used to enter new regions in the Philippines and expand its financial products. GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent. million “mom and pop” stores in the Philippines. .

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TechCrunch

NOVEMBER 14, 2021

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.

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TechCrunch

MAY 11, 2022

Conversational commerce, a term coined by former Uber employee Chris Messina in 2015 , enables online businesses to sell their products and services through messaging and chat apps like WhatsApp and Facebook Messenger. Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others. Shimizu added.

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TechCrunch

SEPTEMBER 14, 2021

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. In July, it announced a strategic investment in legacy online payments platform Dragonpay. The company also plans to launch value-added services. in Accel-led Series B. One big segment are SMEs.

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TechCrunch

MARCH 9, 2022

The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform.

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TechCrunch

SEPTEMBER 23, 2022

A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . The cloud kitchen market in Asia is projected to grow at 14.2% billion by 2030 , up from $15.2

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TechCrunch

DECEMBER 2, 2022

Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . Southeast Asia-based mobile listings startup Carousell raises $85M.

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TechCrunch

OCTOBER 7, 2021

Upmesh was created to automate the checkout process and ultimately wants to create a platform similar to Whatnot where people can discover new live commerce sellers across different social media platforms. Upmesh currently works with Facebook Live, but will add other platforms, too, with the goal of becoming platform-agnostic.

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TechCrunch

JANUARY 5, 2022

Brankas’ platform offers a roster of more than 10 “banking-as-a-service” embedded APIs, including ones for opening online bank accounts, credit scoring, identity verification, e-commerce transactions and gig economy payments. Other open finance API startups in Southeast Asia include Finantier and Finverse.

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TechCrunch

JULY 5, 2021

The startup’s goal is to close the gap between first-mile and last-mile delivery services, enabling e-commerce companies to offer lower shipping rates and faster deliveries while freeing up more time for other parts of their operations, such as marketing and sales conversions. It now also has offices in Australia, Hong Kong and India.

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TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company, which bills itself as “the Stripe of Southeast Asia,” also plans to add value-added services in addition to payments, like working capital loans. billion to $15 billion.

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TechCrunch

DECEMBER 14, 2022

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. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia.

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TechCrunch

SEPTEMBER 26, 2021

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 The e-wallet service also serves as a payment channel for B2B, ranging from big brands to local SME owners as well as street market entrepreneurs.

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TechCrunch

NOVEMBER 28, 2022

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. Igloo also provides products that Mehta says directly or indirectly benefits women, through a partnership with Philinsure in the Philippines.

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TechCrunch

DECEMBER 22, 2020

Being “underbanked” doesn’t mean that someone lacks access to financial services. But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools.

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TechCrunch

MARCH 2, 2021

Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. ” Xendit was originally launched as a P2P payments platform before evolving into its current model. billion in payment value annually. The pandemic also led to Xendit branching out.

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TechCrunch

AUGUST 19, 2021

Last month, for example, her team co-led an investment in Virtually Human Studio , the startup behind a digital horse racing service Zed Run, wherein users buy, sell and breed virtual horses whose value rises depending on their performance against other virtual horses. Each is essentially a non-fungible token, or NFT, meaning it is unique.).

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TechCrunch

OCTOBER 12, 2022

Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. It plans to do the same for other crypto services like payments. In some countries where Pillow has partnered with local, compliant on-ramp service providers, users can also buy crypto with their local fiat currency.

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TechCrunch

MAY 30, 2022

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. As its team began to understand the needs of SMEs more, it started to develop the other tools on the platform.

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TechCrunch

AUGUST 30, 2021

It is available in Singapore, Malaysia, Thailand, Vietnam and the Philippines, and recently established tech hubs in Bangalore and Ho Chi Minh City. . Doctor Anywhere launched as an online-only telehealth platform, but “we quickly realized that physical presence is very important in order to build trust with users,” Lim said.

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TechCrunch

MARCH 23, 2021

For many, this makes it is difficult to secure loans and other services because they don’t have traditional financial records like a credit score. Jeff ’s loan brokerage platform was created to make it easier for financial service providers to integrate alternative data scoring, allowing them reach more potential borrowers.

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TechCrunch

APRIL 1, 2021

For SOSV-backed Achiko , this meant shifting its focus from mobile payment services to affordable COVID-19 screening. Chief executive officer Steven Goh told TechCrunch that the company was in the process of expanding into buy now, pay later services in 2020 when COVID-19 disrupted international travel. ”

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TechCrunch

DECEMBER 8, 2021

In October, Upmesh was used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines, with an annualized gross merchandise value of $40 million. . At the same time, sellers go live on social media platforms like Facebook Live and Instagram Live. .

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TechCrunch

AUGUST 23, 2021

Before launching SoBanHang, Hai Nam Bui founded Datamart Solutions, a data analytics and automation platform, and served leadership roles at Lazada. Hai Long Bui also spent several years in management at Lazada, before holding the chief analytics and chief technology officer positions at Landers Superstore, a Philippines supermarket chain.

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TechCrunch

JULY 20, 2021

Employment Hero is an automated human resources, payroll and benefits platform for SMEs. Its previous funding announcement was a $45 million AUD Series D announced in March , led by online job platform SEEK, at the company’s previous valuation of about $250 million AUD.

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TechCrunch

APRIL 12, 2022

Pylon , an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. Pylon currently operates in Egypt and the Philippines. They serve more than 1 million metering endpoints across 26 separate meter models in Egypt and the Philippines. government.

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TechCrunch

AUGUST 16, 2022

Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. It’s important not to confuse this Pomelo with another Pomelo, a fintech-as-a-service platform for Latin America that has raised $9 million in funding. ) Oh, fintech.

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TechCrunch

MARCH 17, 2021

More than three-fourths of Southeast Asia’s population is unbanked or underbanked , meaning that don’t have a bank account or access to traditional lending services. Brick works closely with Bank Indonesia and Indonesia’s Financial Services Authority and is participating in Bank Rakyat Indonesia’s Sembrani Wira accelerator program.

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Asia API Open Indonesia 103

TechCrunch

JANUARY 15, 2023

This inspired him to co-found Locad , a logistics provider for omnichannel e-commerce companies that connects its network of third-party warehouses and shipping carriers with a cloud-based platform referred to its “logistics engine.”.

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TechCrunch

MARCH 1, 2021

Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero. Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero also renewed its partnership with SEEK, which means the platform includes SEEK job ads in Southeast Asia.

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TechCrunch

DECEMBER 28, 2021

It’s the easiest option when I’m trying to be succinct, but Southeast Asia consists of 11 countries, and obviously there are huge differences between, say, Singapore, Myanmar, Laos, Vietnam, the Philippines and Indonesia. Some other startups that target SMEs include earned wage access and payroll management platform GajiGesa and Wagely.

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TechCrunch

MAY 4, 2022

According to them, blockchain can allow the unbanked to have faster access to services such as lending, borrowing and buying insurance. ” Playford said Masa is building on Celo and Ethereum, and the platform, which is launching out of beta, has 36,000 people signed up already.

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.

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TechCrunch

OCTOBER 14, 2021

Interpark offers online travel booking services and international shipping to more than 230 countries and targets Korean, English, Chinese, and Japanese-speaking customers. Interpark’s services cover shopping, restaurant reservations, travel tickets, attractions, and live performances, a spokesperson at Yanolja told TechCrunch. .

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