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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. This will include the launch of “credit cards as a service” in the U.S. Railsbank is a utility for the complete financial services backend: platform, connectivity, operations, scheme memberships (e.g.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 Jenfi raises more funding for its “growth capital as a service” platform by Catherine Shu originally published on TechCrunch
Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9 million seed funding round led by La Famiglia VC.
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. For service providers, Jeff serves as a distribution channel, helping them find and retain customers. The startup announced today it has raised a seed extension of $1.5
The company announced today it has raised more than $1 million in seed funding, which it claims is one of the largest seed rounds ever for a Vietnamese health tech startup. Lopez said advance doctor bookings aren’t the norm in Vietnam. Praava Health raises $10.6M to increase access to quality healthcare in Bangladesh.
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 in 2021.
Viva Republica, the Seoul-based fintech company behind Toss , a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year. million users.
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.
Loship , the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. Founded in 2017, Loship offered one-hour deliveries for a large range of products and services, including food, ride-hailing, medicine and B2B supplies.
In Southeast Asia, startups in this space that have raised funding over the past few months include Ajaib , Bibit and Stashaway —and that’s just a (very) partial list. Now Infina , which calls itself the “Robinhood of Vietnam,” is announcing an oversubscribed $2 million seed round. of people in Vietnam have invested in stocks.
If you’re in India, the Philippines, Russia or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B.
Homebase , a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam. Right now in Vietnam, buying property is really painful.
Atlanta-based Kobiton , a mobile testing platform that allows developers and QA teams to test their apps on real devices, both on their own desks and through the company’s cloud-based service, today announced that it has acquired Mobile Labs , another Atlanta-based mobile testing service. Kobiton CEO Kevin Lee. ” Lee noted.
Based in San Francisco and Ho Chi Minh City, ELSA announced today it has raised a $15 million Series B, led by VI (Vietnam Investments) Group and SIG. In addition to Latin America, ELSA will also focus on expanding in Vietnam, India and Japan, where it saw high demand last year. YC-backed BlaBla raises $1.5M
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.
This extension was led by automotive startup VinFast, a member of Vietnam’s Vingroup conglomerate, which itself is reportedly looking to raised $1 billion for VinFast. Karamba Security raises $2.5 ” Karamba Security’s XGuard. Pham Thuy Linh. million to keep hackers out of connected cars.
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.
MFast , a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 It partners with financial institutions who provide services like loans and insurance, and says it has been used to distribute more than 50 billion VND (about $2.2 million pre-Series A today.
The startup, which will launch this month in Ho Chi Minh City, announced today it has raised a $3 million pre-seed round from Global Founders Capital (GFC), Sequoia Capital India, Venturra Discovery and Saison Capital. Before that, he served as Grab Vietnam’s head of GrabBike and GrabExpress. Rino’s grocery delivery app.
The startup has raised a $72 million (85 billion won) Series C round from a single backer STIC Investments , JohnWoo Lee, CEO of Rsquare , said in an interview with TechCrunch. The latest funding brings its total raised to approximately $95 million. It has 354 employees as of October.
The startup plans to use the Series C, which brings its total raised to $170 million to date, to expedite its global expansion, make acquisitions and increase its headcount, Charlie Sanghoon Shin, co-founder and CEO of Greenlabs, told TechCrunch. Indigo raises $250M, launches marketplace to help farmers get paid for quality grain.
Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. According to Crunchbase data , this brings Lalamove’s total raised so far to about $976.5 All three are returning investors. million monthly active users.
The Parentinc , a Singapore-based startup that runs a parenting community and direct-to-consumer product line, announced today it has raised $22 million. TechCrunch last covered the company in 2019 when it raised its Series C. Talkspace-owned Lasting launches new ‘Parenting Guide’ app, its latest self-guided advice service.
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. About 40% of startups in Korea use QuotaBook’s service that provides cap table management, according to Choi.
Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. And Southeast Asia is no exception. million in a Series B led by Silicon Valley heavyweight Accel.
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Then a new COVID-19 outbreak hit Vietnam. The company announced today that it has raised $1.5 India’s Khatabook raises $60 million to help merchants digitize bookkeeping and accept payments online.
Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI , has raised $3 million in seed funding. In the rest of the world, other companies that offer similar services include Square, London-based Wagestream and Gusto).
Glints , the Singapore-based career platform, announced today it has raised $22.5 The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round.
Its last funding was $750,000 pre-seed round raised last year from investors including Techstars, Emergent Ventures and the 500 Startups Vietnam Fund. As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings. Loans have a flat 5% service fee, with no interest. Making sense of Klarna.
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Another, more recent one, is is Weather Index Insurance product in Vietnam.
The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). . At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said.
The Sydney, Australia-based company announced today it has raised a $45 million AUD (about $34.8 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). 6 VCs share their bets on the future of work.
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.
“With this acquisition, we will not only be able to further digitally serve the financing need of these SMEs to grow but also offer them business accounts, spend management solutions, and payment services to manage their business,” Goel told TechCrunch. . Southeast Asian lending platform Validus raises $20 million for its Series B+ round.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . pre-seed round.
The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. It plans to do the same for other crypto services like payments.
. “They have a ton of experience in investing in global IT services, companies like Cognizant and GlobalLogic,” said co-founder and CEO Jonathan Siddharth of its lead investor in an interview the other day. Once software ate the IT services industry, what would Accenture look like?” Wei Guo, Ellen Ma?),
Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers several consumer services, including food delivery, financial services, such as an e-wallet so that you can send and receive money.
The startup said today it has raised $8 million led by returning investor Singapore-based firm Jungle Ventures, just seven months after its first round of funding was announced. The new round brings Dat Bike’s total raised to $16.5 Dat Bike is the creator of Vietnam’s first domestic electric motorbike.
Doctor Anywhere , a startup that takes an “omnichannel” approach to healthcare, announced today it has raised $88 million SGD (about $65.7 The company’s Series C, which it claims is one of the largest private rounds raised by a Southeast Asian healthtech company, brings its total funding to more than $140 million SGD. . million users.
Financial institutions are left with traditional systems and correspondence models to offer service to their customers. Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.
TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed.
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