In The Top Up this week, we look at KoinWorks’ latest financials and dive into Tokopedia’s tie-up with insurtech firm Igloo.
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However, its remittance services remain accessible in the country.
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Yes Bank will act as the merchant acquiring bank for new UPI merchants linked to the Indian fintech giant.
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The Indonesian insurtech company noted triple-digit growth month over month in its agency revenue and insurance sales in 2023.
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Launched in partnership with Catalyze Research, the Catalyze Futureverse Ecosystem Fund will back startups in the Web3, metaverse, and AI sectors.
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US District Judge Lewis Kaplan noted his lack of regret and allowed the government to use confiscated assets to repay victims, a Reuters report noted.
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This comes after the company, which is backed by Lazada Group former CEO Maximilian Bittner, reported a significant uptick in net loss in 2022.
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Despite generating US$280 million in gross written premiums since 2020, the Indonesia-based startup has yet to turn a profit.
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Helicap will connect Southeast Asian borrowers with Crowd Credit, which provides private lending opportunities to Japanese investors.
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The funds will be used to pay off some of Akulaku’s current debts, according to Reuters.
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