Southeast Asia

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Philippines startup Shoppable Business smooths bumps in the business procurement process

Shoppable Business Chris Blanquera, Sam Blanquera and Carlo Silva Shoppable Business wants to make it easier for businesses in the Philippines to source and procure branded products and other inventory, with an emphasis on making sure products are authentic. The B2B e-commerce marketplace announced it has closed what it says was an oversubscribed pre-seed funding […]

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Finfra lets Indonesian businesses add embedded finance to their platforms

Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation from DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund and Hustle Fund. The startup’s new funding will be used on product

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Kaya Founders backs Philippines startups from “Day 0”

The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investment veterans, Kaya Founders wants to back the most promising startups from the very beginning. The venture firm announced today that it has closed $12

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Indonesia’s Skorlife gets funding to give Indonesians power over their credit scores

Skorlife, the fintech that wants to give Indonesians more transparency into their credit scores, has raised $4 million in seed funding. The round was led by Hummingbird Ventures with participation from QED Investors, and returning investors AC Ventures and Saison Capital. The startup’s last funding round was $2.2 million in pre-seed funding announced in September.

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Singapore’s Ora takes a vertically-integrated approach to telehealth

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts the onus on Ora to make sure its patients, mostly millennials who live in cities, have a good experience. Ora wants to perform with verticals

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Jenfi raises more funding for its “growth capital as a service” platform

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 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, which led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea

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Backed by Sequoia Southeast Asia, SquareX protects web users with disposable browsers

Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. This leaves us vulnerable to security threats like phishing, identity theft and session hijacking, but many cybersecurity tools were created when the main threats were file viruses, worms

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

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in

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