SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines – TechCrunch

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than…

Unit CEO Itai Damti and Flourish’s Emmalyn Shaw to explain fundraising strategies on TechCrunch Live – TechCrunch

Itai Damti co-founded Unit in 2019 to help businesses integrate banking services into their consumer products. In 2020, Emmalyn Shaw, as Flourish’s managing partner, invested in Unit’s Series A round, and later, in the company’s B round. We’re excited to host both of them on an episode of TechCrunch Live taking place on February 16…

MindFi gets $2M seed to create localized mental wellness programs for APAC markets – TechCrunch

Mental wellness startup MindFi operates throughout APAC, but wants to deliver “culturally competent” care in each of its markets. To do that, it develops programs for its app, available as an employee benefit, with local providers that take into account religion, gender stereotypes, racial representation, communication style and values, co-founder and CEO Bjorn Lee told…

YC-backed Remedial Health raises $1 million pre-seed to digitize pharmacies in Nigeria – TechCrunch

Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies, and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. The round was led by Global Ventures and Ventures Platform, with participation from Ingressive Capital, Voltron Capital, Opeyemi Awoyemi’s (Jobberman co-founder) Angel Syndicate…