Golden Gate Ventures | Venture Capital for Southeast Asia

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Jojonomic secures US$1.5M to help Southeast Asia manage its finances

Indonesian fintech startup Jojonomic has raised US$1.5 million in a funding round led by Maloekoe Ventures, with participation from Golden Gate Ventures, Fenox VC, and East Ventures. The startup plans to use the funding to launch new features and expand to new markets.   As per a Daily Social report in May this year, Jojonomic is also planning to enter the Southeast

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Lenddo and FKBCG Create Joint Venture in Korea

NEW YORK, United States, Sept. 1, 2016 (GLOBE NEWSWIRE) — via PRWEB – Lenddo, the world’s first and leading expert in credit decisioning using non-traditional data and FK BCG, Korea’s leader in credit scoring consulting today announced the establishment of a new company, Lenddo Korea. Lenddo Korea will allow financial institutions to make better decisions

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Carousell acquihires personal safety app Watch Over Me, plans to double product team in 2016

Exactly a month after Carousell announced its US$35 million Series B funding, the Singapore-based P2P marketplace revealed today that it has acquihired Watch Over Me’s engineering and product teams. Based in Malaysia, Watch Over Me, which has now shut its doors, was a personal safety app that allowed people to pre-select contacts on their phone who could keep track of their

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App Speeds Car Insurance Claim

CLAIM DI, a Series A insurance tech startup, yesterday announced a new service called Claim Di K4K, short for “knock for knock”, to allow people who have a minor collision to make a car insurance claim themselves simply by shaking their mobile phones near each other. The service will be offered to holders of first

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Groundbreaking App Will Translate Restaurant Menus For You When You Travel to Asia

Many of us might love authentic Chinese food, but sometimes we just need help figuring out what we’re ordering on the menu. Now, translating foreign menus is easy thanks to an app. Waygo is an augmented reality visual translation app that just launched its food photo feature, reports Yahoo. It vows to “provide greater context

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The startup that makes kids’ stuffed toys come to life

Like many tech entrepreneurs, Jia Shen fervently believes that his product can connect the world. Most would not have associated his industry — gaming — with such lofty goals, until this summer, when the Pokémon Go phenomenon reached astral heights. The characters that once lived on cards and devices pulled people outside, exploring their neighborhoods, reportedly

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This startup uses battery life to determine credit scores

Banks in Asia are using customers’ smartphone data points, like how often they drain their battery, to determine whether or not they’re eligible for a loan. While this may sound like an unusual criteria for qualification, Singapore-based startup Lenddo thinks it can help people without traditional credit history borrow money. Lenddo chairman and founder Jeff

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Coda Payments raises $2M to enable alternative online payments in Asia

Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like bank transfer or over-the-counter, critical for anyone doing business in the region, where online spending is tipped to race to $200 million in the next 10

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