The consortium deployed 61% of their pledged amount in just two years into almost 800 companies—nine of which were recognized as unicorns, with the remainder expected to be deployed by 2023.
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TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much the Philippine venture ecosystem has changed and what needs to be done to keep it growing.
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Businesses operating online in Malaysia now have access to the full strength of Omise’s modern payment gateway to accept payments securely, manage transactions, send payouts, and expand operations regionally to capture more sales and grow revenue. Meanwhile, businesses using Omise in Thailand, Japan, and Singapore can seamlessly expand their business and operations into Malaysia.
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Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.
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TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future articles which will feature the perspectives of founders and ecosystem enablers.
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New York-based Near East Foundation (NEF) is planning to issue the first tranche of $14.94 million of a developmental impact bond next April to fund Syrian women refugees in Lebanon and Jordan.
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Islamic banks adopting the Value-based Intermediation (VBI) guidelines released by Bank Negara Malaysia (BNM) should be given lower financing costs for being so-called “good citizen” banks that focus on the triple social, environmental, and financial bottom line, CIMB Islamic CEO Rafe Haneef told delegates at an industry conference in Kuala Lumpur on October 4.
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Malaysia’s biggest plantation company Sime Darby is exploring an ESG (environmental, social, and governance) bond issuance tied to the United Nations’ Sustainable Development Goals (SDGs), chief sustainability officer Dr. Simon Lord told Salaam Gateway on Wednesday.
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Turkey’s Albaraka Turk Participation Bank’s own accelerator kicks off its second programme next month as it lays down plans to open offices abroad to find and fund innovation with its new VC. The Shariah-compliant bank will also officially launch its digital-only service in Germany on Sep 27, Nurettin Coskun, business development and innovation assistant manager at Albaraka Turk, told Salaam Gateway.
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Bank Negara Malaysia (BNM), the central bank, today unveiled guidance documents for the practical adoption of the Value-based Intermediation (VBI) framework and scorecard for public feedback, which commentators across the responsible finance and Islamic banking community told Salaam Gateway is a step forward towards regulator-backed sustainable finance.
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Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR from 85 investors in an equity crowdfunding campaign.
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In the last 10 to 15 years, countless cities worldwide have branded themselves as ‘smart’, some as branding strategies, others as genuine attempts to leverage advanced technologies to improve traffic, enhance security, deliver public services online and create engaging public places. Yet years later, the results are underwhelming: unused technologies, unsolved problems, pilots abandoned halfway…Why?
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Fintech brands should ensure their digital banking endeavors support their core businesses, such as pay-later models for ecommerce and insurtech for travel and transport verticals.
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As digital banking proliferates through the developed world, its adoption in emerging markets in Southeast Asia continues to lag.
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Indonesia’s traditional banks need to adopt open banking to spur financial inclusion in the digital age.
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Three Southeast Asian startups drew the attention of Japanese telco giant NTT.
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Tranglo recently inked major partnerships to tap into China's US$17 trillion mobile payments market.
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Accelerating knowledge manufacturing across disciplines to solve deep issues in Southeast Asia and the world.
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Taiwan startups encompassing various verticals gain insights on the global market through STPI's Vision Programme.
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Objectives and key results (OKRs) have been used by businesses and governments globally since the 1970s, here's why it's even more important in the current day and age.
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