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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. The open finance startup announced today it has closed a $13 million Series B extension round led by SIG Venture Capital, with participation from CE Innovation Capital and returning investor PayU, the payments and fintech business of Prosus.

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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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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. Telemedicine startups are positioning themselves for a post-pandemic world.

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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

About $1B has been invested in early stage SaaS startups as of November 1. Over the last nine months, marketing startups have raised more dollars in aggregate than any other segment. Operations teams following second, with human resources focused startups in third. Notably, sales startups raised the least amount of capital.

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The Metric that Matters for Startups in 2016

Tomasz Tunguz

2015 is the end of an era, the era of startup growth at any cost. In 2016, the question that will immediately follow, “What is your annual growth rate?” ” This change in investor mentality is catalyzed by the increasing cost of startup capital. ” will be “What are your unit economics?”

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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.