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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

In a statement shared with TechCrunch, Qwili said it would use the investment for app development, new hires (improvement in operations and development capabilities) and hardware production. The company’s hardware is a low-cost NFC-enabled smartphone called Qwili Pula that allows merchants to send and receive payments.

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GEN New Zealand releases manifesto to encourage greater entrepreneurship

NZ Entrepreneur

Watch the video interview now A network of more than 140 entrepreneurial businesses and organisations warns New Zealand is in danger of being left behind due to a lack of resources and insufficient policies to progress entrepreneurship. They collaborated to produce the manifesto, reflecting the views of network members.

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Atome Financial and HSBC Singapore Collaborate Again to Expand in the Philippine Market

AsiaTechDaily

The collaboration not only facilitates the company’s expansion endeavors but also leverages the global network, regional footprint, and banking expertise of HSBC Singapore to amplify Atome’s reach and impact in the Philippine market.

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Entrepreneurial Networks are Driving Global Change, According to Impact Hub Network’s 2019 Global Impact Report

Impact Hub

Ahead of this year’s Global Climate Strike (20-27 September) and the Global Goals Week (21-30 September), the Impact Hub network is launching its 2019 Global Impact Report. The members surveyed said that being part of such a network had helped them to: Feel part of a larger community: 84%. Strengthen their motivation: 77%.

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Getir is now worth nearly $12 billion after raising another $768 million

TechCrunch

Mubadala Investment Company is leading the founding round with Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global also participating. Behind the scenes, Getir has built dense networks of micro-fulfillment centers in dozens of urban areas. Following this deal, the company has reached a valuation of $11.8

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VUZ raises $20 million to scale its immersive social app

TechCrunch

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. The investment will also see VUZ scale its Los Angeles office and scale with creators and content in the U.S., Asia, and Europe.

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Indonesian social commerce app KitaBeli gets $10M led by Go Ventures

TechCrunch

The round was led by Gojek’s investment arm Go Ventures, with participation from returning investors AC Ventures and East Ventures. Its new funding will be used to expand KitaBeli’s operations in Java, growing its logistics network and developing its mobile app. Indonesian logistics startup SiCepat raises $170 million Series B.