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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions of customers in emerging markets who don’t own credit cards. Some of the startup’s customers include B2B marketplace IndiaMART, which claims more than 7.4

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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

million seed funding, and an additional $1 million commitment for on-chain liquidity, in a round led by early-stage backer TCG Crypto, with participation from a number of funds including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research.

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Nigerian financial management app for merchants Kippa bags $8.4M in new funding

TechCrunch

The startup — launched last June by Kennedy Ekezie-Joseph , Duke Ekezie and Jephthah Uche — received investment from backers such as Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners and Vibe Capital. Image Credits: Kippa has raised over $11 million in a full year of operation.

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SkorLife gives control of credit data back to Indonesian consumers

TechCrunch

Indonesia’s credit bureaus currently have about 92 million credit records, but the founders of SkorLife say many people have trouble accessing their own data. That’s why they built the app, which not only lets people see their credit histories for free, but also gives personalized advice on how to improve data.

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Jakarta-based SME financial platform KoinWorks scoops up $108M Series C

TechCrunch

The round included $43 million in equity and $65 million in debt capital for the working capital loans KoinWorks provides to its customers. Existing investors who returned for its latest round include Quona Capital, Triodos Investment Management, Saison Capital, ACV and East Ventures.

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Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering

TechCrunch

New investors Canaan Partners, Saison Capital, Norrsken (the fund of Klarna founder Niklas Adalberth), The Fund and Two Culture Cap also participated. Meaning, we make it possible for non-financial institutions, or businesses in general, to offer banking services to their customers.”.

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