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Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

It is also licensed by Indonesia’s central bank, enabling it to offer more services. Founded in 2016, with a team of about 250 people, Ayoconnect is currently working toward more financial inclusion for Indonesian consumers and SMEs. Klarna, Affirm show how expensive fintech growth can be.

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Truepill’s latest funding boosts valuation to $1.6B as it works on B2B side of healthcare

TechCrunch

After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents like health payers, providers and employer groups. The company’s “big focus is continuing the vision of transforming healthcare,” said Sid Viswanathan, president and co-founder of Truepill.

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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

TechCrunch

Enter Omaha, Nebraska-based Breeze , the company Nabity started in 2019 with Cody Leach to enable individuals to go online and complete in 10 minutes the application process to receive a personalized quote for either disability insurance or critical illness insurance. market for disability insurance was valued at $19.1

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Trends in Early Stage SaaS Fundraising Market of 2016

Tomasz Tunguz

The exuberant acquisition environment should enable some early-stage companies to menace their incumbents and take share, as those behemoths are distracted by M&A. Many of the most of apparent and immediate opportunities in the software market have been filled by now SaaS incumbents.

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Neso Brands raises $100m, seeks to invest in eyewear brands

AsiaTechDaily

Neso Brands is a Singapore-based global eyewear company founded in 2022 to enable the most promising direct-to-consumer (DTC) brands across the world to become brands of the future. Eyewear has to date been a very traditional industry with large incumbents, but is now ripe for a tech-enabled global transformation.

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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

In a statement, the startup said it the fresh capital will enable it to continue building out a leadership team and to invest in product and technology development. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay , a platform that attempts to automate the software purchasing process for companies. Hoag notes that Teampay is low-code and doesn’t require custom development.