This week, 500-backed fintech startups made headlines. Indonesia’s Kredivo secured more investment as it nears 4 million customers and announces US$70 million joint financing with Bank DBS Indonesia, while Impact Credit Solutions partnered with Bank Central Asia in its US$40 million COVID-19 relief fund. In Singapore, fintech platform for freelancers Friz secured US$1 million in funding, and Finaxar became the first fintech platform in the country to launch an advanced feature for SMEs.
Missed the last roundup? Check out the top stories in September here.
- Kredivo nears 4 million customers, secures more investment
- Neobank Friz secures US$1M to serve freelancers
- Atomionics to compete in US Space Force-funded accelerator
- Kredivo & DBS announce US$70M joint financing
- ICS partners bank in US$40M pandemic fund
- Escavox to extend food expiry dates & reduce food waste
- Finaxar launches first-in-Singapore fintech feature for SMEs
- Prenetics strengthens safety & compliance in COVID-19 testing supply chain
- YAS activates 600 new microinsurance policies a week
- Grab helps clients with consumer action & conversion
- Cargobase upgrades to become affordable full-service logistics platform
- Homage & 99.co featured on LinkedIn Top Startups 2021
- iPrice & Sanook offer deals from thousands of Thai retailers
- Tips for first-time founders & students in SEA
Other stories you may have missed:
- Guillem Segarra, CEO of 500-backed HappyFresh will be speaking at the Tech in Asia Conference 2021 on his experience building the Indonesian e-grocery startup.
- 500-backed e-scooter startup Neuron Mobility launched its first-ever ‘Helmet Safety Awareness Week’ in Canada to promote rider safety.
- 500-backed bicycle insurance startup Laka has partnered with Raleigh, Lapierre, and Haibike to provide insurance cover for all individual bike offerings.