Issue #056: Twitter and crypto, VC in Japan, Shariah crowdfunding, YCom 2021…
Asia’s tech, startup and funding news in brief, drawn from South & SE Asia, Australia & NZ, with wider-world items for reference. Get the app here
The first part of a brief intro to the 377 startups from Y Combinator’s Summer 2021 Demo Day — techcrunch.com
Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a…
Japan: Coral Capital closes 3rd fund at $128M, looking at SaaS, insurance, fintech, healthcare, deep tech & more — techcrunch.com
Coral Capital’s total assets under management (AUM) is now $275 million. Limited partners in the vehicle include Mizuho Bank, Mitsubishi Estate, Shinsei Bank, Pavilion Capital, Founders Fund…
Ethis, parent of Shariah-compliant crowdfunding platforms in Indonesia and Malaysia, gains $1.64M pre-A — www.digitalnewsasia.com
Ethis Indonesia has been operating since 2015, matching retail investors from more than 50 countries into impact-investment campaigns…
Philippines: UnionBank and Visa’s FinTech Fast Track program partner to enable personalized payment gateways — www.pymnts.com
“We will collaborate with UnionBank to identify FinTechs that can create relevant payment programs to reach out to the underserved segments and leverage on the untapped opportunities for digital…”
The Investor’s Guide to the New Zealand Technology Sector 2021 | Technology Investment Network — tin100.com
With high growth and an increasing number of startups appearing across all industry sectors — from healthcare to fintech, digital media and agritech — the opportunities for investment in NZ tech have never been more abundant.
Australia: Paypa Plane partners Cuscal payments platform, enabling PayTo solution, allowing real-time payments — www.startupdaily.net
It will offer a real-time alternative to Direct Debits and is set to modernise the way bank accounts are used for payments. It will underpin future innovation in the sector, creating new payment possibilities…
The 9 startups selected for the 5-week Korea Tourism Organization Tourism Global Challenge 2021 program — www.koreatechdesk.com
Global experts and mentors expected to join the program are Aaron Everhart, Country lead, Vietnam at Draper Startup House, Stephen Stromsoe, Founder at Stromsoe Consulting, Winzendy Tedja, Founder…
ICYMI: Twitter may be adding Bitcoin as a payment option for its Tip Jar service — www.coindesk.com
The update indicates that users will be given a tutorial in bitcoin, including details on the Lightning Network and custodial vs. non-custodial wallets. It also tells users that a Strike account is required…
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