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Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion – TechCrunch

Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion – TechCrunch Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors …

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Coya raises $30 million to launch its insurance service in Europe – TechCrunch

Coya raises $30 million to launch its insurance service in Europe – TechCrunch Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early employees at the European credit and risk …

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Indonesia’s EV Hive raises $20M for its co-working business to rival WeWork – TechCrunch

Indonesia’s EV Hive raises $20M for its co-working business to rival WeWork – TechCrunch WeWork is setting its sights on Southeast Asia, but that isn’t stopping local rivals from building up there business. In Indonesia, EV Hive — a co-working brand first started by a VC firm — has pulled …

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Indonesian Regulator Gives Green Light for Crypto Futures Trading

Indonesian Regulator Gives Green Light for Crypto Futures Trading Indonesia’s Futures Exchange Supervisory Board (Bappebti), a commodities market regulator under the country’s Ministry of Trade, has reportedly ruled that cryptocurrencies are commodities that can be traded on the country’s futures exchange. According to a Jarkata Post report on Monday, the agency’s market …

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Jirnexu pulls in $11M for its financial comparison service in Southeast Asia – TechCrunch

Jirnexu pulls in $11M for its financial comparison service in Southeast Asia – TechCrunch It’s been a busy week for startup funding in Southeast Asia. Following big deals for Carro and Carousell, financial comparison startup Jirnexu is the latest to announce new capital after it closed an $11 million Series B …

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Southeast Asia-based mobile listings startup Carousell raises $85M – TechCrunch

Southeast Asia-based mobile listings startup Carousell raises $85M – TechCrunch Carousell, the mobile listing service in Southeast Asia, has pulled in an $85 million Series C fund as it seeks to strengthen its business among the region’s competitive e-commerce landscape before expanding globally. The round was co-led by existing investor Rakuten …

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Sumatra to Pilot Blockchain App for ‘Decentralised Decision-Making’

Sumatra to Pilot Blockchain App for ‘Decentralised Decision-Making’ An Australian startup is launching a blockchain application in Indonesia that could eventually allow citizens to vote in elections. The pilot project from Horizon State is expected to launch on the island of Sumatra in July, with the roll-out expected to continue till December, …

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PlayingViral helps marketers grabs millennials’ attention with quick, interactive surveys – TechCrunch

PlayingViral founders Steven Wongsoredjo and Michael Rendy Millennials have been accused of possessing shorter attention spans than goldfish. Though that claim is questionable, online marketers know display ads and even sponsored content are no longer enough to attract twentysomethings. PlayingViral gives brands a new way to lure young consumers with …

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Everledger’s Kemp and Omise’s Hasegawa join TC Blockchain – TechCrunch

Blockchain technology and the decentralizing effects of distributed ledgers have enormous amounts of potential and may mean the Internet will never be the same again. The fact that one could eventually run vast applications without any servers is equally transformational. But it’s still very much a wild west out there …

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