Tag: Philippines
Financial comparison “super app” Jeff raises $1.5M seed extension
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. Jeff App wants to give consumers a “super app” where they can compare many financial products and apply for them using the startup’s proprietary data-scoring models. For…
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E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s Surge
E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. This means sellers run into roadblocks when shipping to buyers, especially outside of major metropolitan areas, and managing their supply chains. Locad, a startup that wants to help with what it…
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PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines
Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. The raise includes $121 million in new funding, and $46 million from previously…
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GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent
Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. Today GrowSari, a startup that is digitizing sari-sari stores with features like pricing tools, inventory management and working capital loans, announced it has raised a Series B from several notable…
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Apple’s new encrypted browsing feature won’t be available in China, Saudi Arabia and more: report
Apple announced a handful of privacy-focused updates at its annual software developer conference on Monday. One called Private Relay particularly piques the interest of Chinese users living under the country’s censorship system, for it encrypts all browsing history so nobody can track or intercept the data. As my colleague Roman…
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Philippine e-commerce enabler Great Deals raises $30M Series B led by logistics firm Fast Group
Steve Sy, CEO of Great Deals, and William Chiongban II, CEO of Fast Group, sign the contract for the companies’ strategic partnership. Image Credits: Great Deals Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oreal and Unilever build their online retail operations in the…
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