bangladesh

Indonesia fintech Wagely makes bank while helping the unbanked

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interes

10 Minute School aims to democratize education for Bangladeshi students

Access to education in Bangladesh is filled with inequalities, say the founders of edtech 10 Minute School. Many rural areas don’t have good learning centers and as a result, students travel to capi

Bangladesh government takes down exposed citizens’ data

The Bangladeshi government on Sunday took down citizens’ sensitive data that it had left exposed online. On Friday, TechCrunch reported that a website belonging to the government of Bangladesh was l

Bangladesh government website leaks citizens’ personal data

A Bangladeshi government website leaked the personal information of citizens, including full names, phone numbers, email addresses and national ID numbers. Viktor Markopoulos, a researcher who works f

Alibaba extends logistics arm to Pakistan for e-commerce unit Daraz

Cainiao, the logistics service operated by Alibaba, is launching two automated distribution centers in Karachi and Lahore as its first entry into Pakistan, it announced on Friday. Alibaba’s over

South Africa’s Talk360 raises $4M to build single payment platform for Africa

Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the payment service

RaliCap gets backing from global VCs and launches $30M fintech fund for emerging markets

RaliCap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close

Tofino Capital reaches first close of $10M fund to back startups in frontier markets

Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to a

Indonesian earned wage access platform Wagely raises $8.3M as it expands into Bangladesh

Wagely, an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 million in pre-Series A funding, just seven months after announcing its seed round. The new funds will be used

Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa

Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending ap

Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off t

Google’s Area 120 launches Qaya, a service offering web storefronts for digital creators

A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new web storefronts where they can sell their products and services directly to their audience

SOSV, SBK Tech Ventures and Miaki start a new accelerator in Bangladesh

SOSV, the venture capital firm known for its vertical-focused accelerators like HAX, is expanding its footprint to Bangladesh. SOSV’s Asia-focused accelerator called MOX, SBK Tech Ventures (an e

Meet the startups changing mobility for emerging middle classes

In emerging economies, where spending billions to build public transit infrastructure can be out of reach, startups are using technology to meet the mobility needs of a rising urban middle class. Swvl

Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C

Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail s

Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding

ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventur

Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed

In Bangladesh, students often rely on after-school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to

Maya, a startup focused on accessible healthcare in Asia, raises $2.2 million seed for regional expansion

Maya is dedicated to making it easier for women to get healthcare, especially for sensitive issues like reproductive and mental health. Now the startup, based in Bangladesh and incorporated in Singapo

Moderna is developing three new mRNA-based vaccines for seasonal flu, HIV and Nipah virus

Moderna, the biotech company behind one of the two mRNA-based vaccines currently being rolled out globally to stem the tide of COVID-19, has announced that it will pursue development programs around t

ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raise
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