3 min read

Daily Markup #504: abillion launches marketplace to become superhub; Kredivo pledges to empower 20M lives; SEPPURE membranes win startup award

Ching Yee Ho



Credit: abillion

A marketplace for a global movement

  • “We know that in the near future, everyone will care about sustainability and our planet. abillion will be at the center of this, acting as the go-to information and digital superhub for all,” said Founder & CEO Vikas Garg.
  • Vikas is referring to the 500-backed sustainability platform’s latest launch — a peer-to-peer marketplace where sellers can list sustainable products and buyers can see the impact of each purchase they intend to make.
  • “Here, regardless of whether you’re a buyer or a seller, you will be able to measure the positive impact your transaction has on the world. Through this, we will be able to eat, shop and live our way to a brighter future,” he added.
  • And that’s not all! He revealed that the new feature will be rolled out by the end of 2022 to its largest markets, including Australia, Canada, Germany, Italy, and Spain, as well as the UK, and the US.
  • Read the full story on AsiaOne.

Credit: Mufid Majnun on Unsplash

Minding the digital gap

  • From abillion to another, 500-backed buy now, pay later platform Kredivo announced its commitment to the EDISON Alliance’s 1 Billion Lives Challenge.
  • What is this challenge, and how is Kredivo contributing? The Alliance aims to improve one billion lives globally through affordable and accessible digital solutions across health, finance, and education by 2025.
  • Kredivo has pledged to provide access to digital financial services to up to 20 million people in Indonesia, Vietnam, Thailand, and the Philippines over the next 5 years.
  • “Over the past two years, we’ve seen a dramatic uptick in the digitization of our economies and societies. At the same time, we’ve also exacerbated existing gaps and inequalities for the 2.9 billion people in the world without access to digital resources,” said Akshay Garg, Group CEO of FinAccel, the parent of Kredivo.
  • “Financial services are crucial for laying the groundwork to a better and more productive life, and this partnership with the EDISON Alliance puts us one step closer to providing access to financial services that impact and make the lives of tens of millions better,” he added.
  • Read the full announcement here.

Credit: SBR

A non-heated separation

  • What’s sustainable, cost-effective, and award-winning? It’s 500-backed SEPPURE’s membranes!
  • To be precise, the company has devised a way to separate chemicals without heat. This means its solution can reduce up to 50% in operating expenses as well as cut 90% of energy requirements and greenhouse gas emissions for its customers in chemically-intensive industries.
  • What’s more — the company said in most cases, the return on investment from technology implementation can be achieved in fewer than 2 years. Its goal, however, is much larger than that — it wants to reduce carbon emissions by 500M tonnes and save US$180B in energy costs every year.
  • All of the above is why SEPPURE won the Startup – Chemical award in the SBR Technology Excellence Awards, which highlights companies leading the technological revolution with groundbreaking innovations.
  • Congratulations to the SEPPURE team!
  • Read the full coverage here.

Ching Yee Ho