Funding Societies raises US$18m to boost lending capability for MSMEs

Singapore – Southeast Asia's SME digital financing platform, Funding Societies, has announced that it has raised US$18m in debt for funding led by a trio syndicate of financial institutions, including lending company Helicap Investments, the newly launched Social Impact Debt Fund, and a Japanese financial services group. Helicap Securities acted...

6 of 10 small businesses in SG on ‘survival mode’ amid new COVID waves

Singapore – As the peril of new waves of COVID-19 outbreaks looms, around 59% of small businesses in Singapore or around six out of ten of them say that they are basically on ‘survival mode’ in terms of operations, a new survey from global services company American Express shows. The...

Amid unprecedented rise of digital, 94% of SMBs in APAC have implemented ‘some sort’ of cybersecurity

Singapore – The onset of the global pandemic has pushed former brick-and-mortar businesses to the digital realm, and with this,small and medium businesses (SMBs) saw the need to implement their own cybersecurity measures, as well as setting their own digitalization roadmap,  According to new insights from global technology company Cisco, about...

Growsari, commerce enabler for the Filipino mom-and-pop store, expands services in PH

Manila, Philippines – Growsari, a first-of-its-kind e-commerce enabler for the Filipino ‘sari-sari store’ or the mom-and-pop neighborhood stores spread all over the region, has just announced its expanded presence across the Luzon region, aimed at serving 100,000 sari-sari store owners to maximize earnings and get access to best prices.  ‘Sari-sari...

TikTok PH launches ‘Negosyo Mo Na Yan’ campaign for budding F&B entrepreneurs

Manila, Philippines – TikTok in the Philippines is moving to support would-be entrepreneurs through the launch of its new campaign, ‘'Negosyo Mo Na Yan’. Negosyo is a Tagalog term for business, and the campaign is aimed at helping Filipinos cope financially in these trying times by empowering them to launch their own businesses. Through...

Metamorphosis Group wins Bronze Stevie® Award in 2021 Stevie Awards for Women in Business

Manila, Philippines – Metamorphosis Group (MG), the digital, remote, and tech-enabled career coaching firm in the Philippines, has been named the winner of a Bronze Stevie® Award in the Startup of the Year category in the 18th annual Stevie Awards for Women in Business. The Stevie Awards for Women in Business honor women executives,...

1Export raises US$800k in latest seed funding, targets Indonesia expansion

Manila, Philippines – Local-based export startup 1Export has announced that it has raised US$800k in seed funding, which will be used to scale the company’s operations to Indonesia. Said funding was led by Foxmont Capital Partners, as well as participation from a consortium from the Manila Angel Investors Network and...

Shopee PH holds second Shopee University Summit for SMEs

Manila, Philippines – Shopee Philippines will be holding its Shopee University Summit for the second time. The summit, which had its inaugural run last May this year, aims to further support sellers as e-commerce takes on a significant role in the global retail landscape. Interested viewers can catch the webinar...

BizSports Asia’s tourney debut spotlights new era entrep strategies

Kuala Lumpur, Malaysia – With an objective to showcase the rich diversity of entrepreneurial strategies of participating local businesses and talents, the recent conclusion of the debut of ‘I Got Talent’ Asia’s, the first BizSports Tournament by online show BizSports, saw a participation of 400 people, and learned new era talent...

This simplified video maker is marketed to SMEs for added digital presence

Singapore – With more and more small and medium enterprises (SMEs) now migrating towards creating a digital presence, presentable yet simplified video editors are an essential for them to create visual-appealing multimedia for their growing number of online users. Hence, marketing technology software-as-a-service (SaaS) video tool Oneshot has released their...