CDP Institute

Voyager Innovations, the Philippines’s technology company behind end-to-end money platform PayMaya and neobank Maya Bank, has recently raised US$210 million in funding, bringing its total valuation to unicorn plus status, at nearly US$1.4 billion. Through the funding, the company will use the new funds to launch Maya Bank services, such as savings and credit, which will be offered seamlessly across PayMaya’s platforms for consumers and enterprises, including micro, small, and medium-sized enterprises or MSMEs.

Shares of Indonesia tech giant GoTo Group closed 13.02% higher at IDR382 on Monday, its first trading day on the Indonesia Stock Exchange (IDX), bringing its market capitalization to $31.5 billion. GoTo’s IPO is the third-largest in Asia and fifth-largest in the world this year. Around 300,000 investors have participated – the highest ever number to take part in an IPO on the IDX.

Jüsto, the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market.The company claims to be the first supermarket in Mexico with no physical store that enables customers to buy groceries directly from its website, or an app, and Jüsto will deliver the order to the customer’s location of choice. As for its arrival in Colombia and Chile, Jüsto is analyzing its strategy to enter at the right time.

Truora describes itself as a SaaS startup that builds authentication and communication tools for Latin American startups, marketplaces, fintechs and banks. It specializes in user authentication and onboarding, mainly through WhatsApp. Truora has over 400 clients in nine countries across Latin America. Those customers include Rappi, Clara, Bancolombia, Adelantos, Mercado Libre, Didi, Homie and Global 66.

Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets, has raised a US$19 million seed funding round to accelerate its expansion, including into new markets.

South African startup, TallOrder, a developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, is working on expansion to Europe and the United States (US) after banking US$3.1 million in funding in January.

Kenyan startup, Wowzi, has developed an online marketplace that “democratizes influence”, connecting everyday social media users with big brands, and enabling nano and micro creators to earn money by spreading brand messages via social media.

Salesforce the global leader in CRM collaborates with the All India Council for Technical Education (AICTE) to provide educators and students with the digital skills they require for the future of work. This collaboration aims to upskill up to 200,000 students over the next five years.

IBSFINtech, an Indian treasury-tech platform, has announced it is working with Oracle to accelerate the digital transformation journey of its customers around the world, with Oracle Fusion Cloud Enterprise Resource Planning (ERP) and IBSFINtech’s treasury management solution, TMS InTReaX.

India’s proposed data localisation requirements under which firms need to store data within India “will serve as significant barriers to digital trade” between the two countries, says the US government.

The report, 2022 Digital Consumer Trends: Australian edition has revealed consumers across Australia trust ads less and prefer to interact with a brand in more personalised ways. According to the report, email continues to sit comfortably as Australian consumers’ preferred channel.

The federal government will pour another $130.1 million into its digital economy strategy over the next four years, the new funding will build on the $1.2 billion provided in last year’s budget in a bid to help make Australia a top ten data and digital economy by 2030.