Issue #070: BNPL in Australia, Monk’s Hill VC Scouts, Wall Street & crypto…

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

Philippines: StartUp Village to launch Project Match, 18-month MSME development program with USAIDwww.bworldonline.com

INCUBATOR StartUp Village will launch an 18-month small business support program funded through a grant from the United States Agency for International Development (USAID)…

China: Alibaba launches new dropshipping solution and $500K grant program to boost SME e-commercewww.chinainternetwatch.com
Alibaba.com launched a new dropshipping solution and a US$500,000 grant program to enhance SMEs’ e-commerce capabilities on 7 September 2021.

Australia: Neighbourlytics female-led startup selected to represent Australia in global She Loves Tech competitionwww.startupdaily.net

Melbourne startup Neighbourlytics has been chosen as the female-led startup to represent Australia in the global She Loves Tech competition. The venture, co-founded by Jessica Christiansen-Franks and…

India: Kerala Startup Mission at Kochi to launch 5K square metre Digital Hubwww.thehindubusinessline.com

The CoE aims to groom shelter-related ideas and innovations, and will function as a one-stop centre for all product-design and development activities for software and hardware components. These include…

A brief overview of the cryptocurrency projects at Wall Street’s 10 top banks, from Goldman Sachs to JPMorganwww.businessinsider.com

“It’s not difficult to trade futures from bitcoin. You just need to be able to trade futures,” one big-bank executive involved in digital-asset strategy told Insider. “You have all the same pipes.”

Startup.Network — Unicorn Battle Online, Asia-Pacific: October 14th 2021

Monk’s Hill Ventures VC firm launches MHV Scouts community, aiming to invest in pre-seed and seed startupswww.privateequitywire.co.uk

Venture Scouts are directly responsible for sourcing, vetting, and investing in startups. Venture Scouts also invest across verticals and markets. To date, Venture Scouts have made ten investments in verticals…

Australia: Zip buy-now-pay-later to allow merchants to accept Bitcoin; also planning crypto trading featurewww.emarketer.com

The BNPL provider will let merchants accept Bitcoin payments and plans to launch a crypto trading feature — which may help it stand out as other BNPL providers opt for more traditional feature…

Thailand: SCB Abacus, SC Bank digital lending platform, raises $12M Series Awww.bangkokpost.com
SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.

Australia: New South Wales, Victoria reportedly trial facial recognition software in COVID-19 containmentwww.channelnewsasia.com

Australia’s two most populous states are trialling facial recognition software that lets police check people are home during COVID-19 quarantine, expanding trials that have sparked controversy to…

Myanmar: Telenor telco to withdraw from Myanmar over junta demands to install surveillance equipmentwww.irrawaddy.com

The parent firm of telecom operator Telenor Myanmar says the junta’s demand that it be able to intercept clients’ communications would violate sanctions and international law.

Asian Development Bank: Asian Economic Integration Report 2021 (pdf)

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