J. Angelo Racoma

Service-as-a-solution applications, such as video conferencing tools, are becoming more popular because they can enhance collaboration and productivity. Digitalization is nearly synonymous with business survival and the commoditization of services and technologies can help enterprises address significant challenges.

With its Series A fund, the startup that began with giving B2B users a streamlined platform to communicate and consolidate orders will now delve further into fintech and plans to launch additional financial services, such as financing and credit card issuing.

Gentree Fund, a Philippines-based sector-agnostic fund that focuses on investments into early-stage B2C and B2B companies, has just announced that it has earmarked an initial $40 million to invest in early and growth-stage Southeast Asian startups with plans of expanding into the Filipino market.

With this RMO license, HGX can now fully operate as Asia’s first member-driven private exchange to support the issuance and trading of both digital and non-digital capital market products.

Agung discusses how the pandemic accelerated digital transformation in Indonesia, and how MSMEs–or warungs in particular–are able to benefit with the aim to “accelerate Indonesia’s growth in the midst of a post-pandemic economic boom by empowering micro-retail businesses.”

The company was established amid the pandemic by its founder Bela Gupta D’Souza, who saw the pain points of mothers as consumers when purchasing online. She said that it is common for mothers to spend many hours in search of the best products for their children only to end up with inferior quality products from untrusted sources.

The funds raised will be used to expand into new markets in Asia, invest in top talent and develop more high-quality investment products and services. Syfe has also pledged that everyone in the firm will become a shareholder, allowing all employees to benefit from future growth in the company.

Singapore-based FinTech UNObank was granted the first new digital banking license under the Digital Banking License framework of the Bangko Sentral ng Pilipinas. Manish Bhai shares insights on how digital-native banks can provide faster and more innovative services to address the needs of the underbanked and unbanked.

Allozymes plans to use its seed fund to establish its roots in Singapore and establish its manufacturing and business infrastructure in order to meet its projected demand in the APAC region.

Since its launch in September 2016, GREDU has grown its platform, which is currently being used by over 400 schools, bringing its total user base to roughly 400,000. The startup provides its users (students, parents, teachers, and administrators) with a single platform to communicate with each other and keep track of any important details.