BukuKas, a startup focused on digitizing Indonesia’s small businesses, has raised $50 million in Series B funding. The round included participation from Gokul Rajaram, the DoorDash executive, and T
Singapore-based Aspire, which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one yea
Zeller, a payment and financial services startup founded by former Square executives, quietly raised a $25 million AUD (about $19.4 million USD) Series A last year, it announced today. The funding was
BukuWarung, an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc and an Indonesian retail conglomer
CrediBook, a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 million in pre-Series A funding led by Wavemaker Partners, with participa
The backbone of Indonesia’s economy are small to medium-sized businesses, which account for 60% of its gross domestic product. Many still rely on manual bookkeeping, but the impact of COVID-19 has d
A month after completing Y Combinator’s accelerator program, BukuWarung, a financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high
Small and medium businesses have been some of the hardest hit in the COVID-19 pandemic. And all that has been as true in emerging markets as it has been for SMBs in the developed world. Tunde Kehinde
While growing up, Peter Shearer watched his mother get up every day at 2AM or 3AM to prepare for her catering business. For many people who own small food businesses in Indonesia, “everything is
Contracts contain a lot of easy-to-miss details, especially for companies that need to deal with high volumes of paperwork. At the same time, many lack access to software that makes the process easier
In Indonesia, there are about 60 million “micromerchants,” typically small store owners who sell food and other staple items, and have close relationships with their customers. Many often
Small- to medium-sized businesses are one of the most important parts of Southeast Asia’s economy, but many have trouble securing growth capital from traditional financial institutions. Validus want
Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border trade. The round was led by Pacific Century Group, with part
Qupital, a fintech startup that bills itself as Hong Kong’s largest trade financing platform for SMEs, has closed a $15 million Series A led by CreditEase FinTech Investment Fund (CEFIF), with parti
Southeast Asia’s digital economy is tipped to grow more than six-fold to reach more than $200 billion per year, according to a report co-authored by Google, with e-commerce accounting for the do
Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine La
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stag
Weave, a startup out of Utah that has developed a unique VoIP-based unified communications service for small and medium businesses that it is selling first targeting dentists (more on that below),
<a target="_blank" href="http://www.kabbage.com">Kabbage</a>, a platform for online merchants to borrow working capital, is picking up some <a target="_blank" href="http://www.urbandictionary.com/defi
Estonian startup Cloutex has closed a $600,000 seed round from United Partners, SmartCap and EstBan business angels. Former Skype Estonia General Manager and angel investor Tiit Paananen is also an in