Golden Gate Ventures | Venture Capital for Southeast Asia

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Lenddo to expand services to include MFIs

Mumbai: Lenddo, a credit assessment financial technology company that uses non-traditional tools, is expanding its rating services to include microfinance institutions (MFIs), said a top executive. Leading MFIs will be on board within six to eight weeks, said Abhinav Haldia, country director (India) at Lenddo. The new service will cover individual MFI customers who live

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E-payments giant Stripe launches new intelligent fraud prevention tools

US-based e-payments giant Stripe has launched a new set of machine learning-based fraud prevention tools called Radar. The platform is able to process data from the multitude of businesses processing transactions on the Stripe network every second, as well as signals from Stripe’s financial partners to analyse and fish out fraud. Radar is integrated into

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Husband-and-wife team gets funding for payroll startup Gadjian

Indonesian human resources management and payroll platform Gadjian today announced it raised an undisclosed amount of funding. The round was led by Golden Gate Ventures, with participation from Maloekoe Ventures. Gadjian – which translates to payroll in Indonesian – is a Software as a Service (SaaS) application that helps companies keep track of their employees’

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One-stop Web markets

Thanks to online shopping, you never have to leave the house to buy what you need. But some e-commerce retailers are trying to make sure that once you hit their website, you do not leave it, too. These are online marketplaces that bring together different sellers in one place, offering consumers many products and brands

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Why Facebook Marketplace Won’t Be A Threat To Carousell

On Monday, Facebook announced the launch of Marketplace, which aims to be a “convenient destination to discover, buy and sell items with people in your community”. Giving the background that many Facebook users have long been using Facebook Groups to buy and sell items, Marketplace was launched as a bid to cater to these transactions.

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ServisHero joins forces with Grab to speed up response time

Every superhero squad requires a reliable mode of transport: Batman & Robin need the Batmobile; the X-men need the Blackbird. And so goes the same for ServisHero‘s “Heroes” – a large team of local service providers ranging from cleaners, handyman, personal trainers, photographers and more.   Today, the on-demand local service startup has announced a

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FICO and Lenddo Partner to Extend Credit Reach in India

SAN JOSE, Calif., Oct. 3, 2016 /PRNewswire/ — FICO, the world leader in credit scoring, has today announced a new partnership with Lenddo, a specialist in credit and verification technologies. Together, the companies plan to develop a credit risk score for consumers in India who have a limited or no formal credit history. The collaboration will

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Online fashion retailer Grana raises $10M led by Alibaba’s entrepreneurship fund

Grana, a two-year-old online fashion retailer based in Hong Kong, has announced that it has raised $10 million in fresh funding led by Alibaba’s entrepreneurship fund. This is the startup’s Series A round, and it follows $6 million in previous seed funding. The round is led by Alibaba’s Hong Kong-based fund, which was announced last

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