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

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

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Custom homebuilder Homebound raises $75M Series C led by Khosla

Homebound started out to help people rebuild after their houses were destroyed by California wildfires in 2018. But over time, the company realized that its digital general contracting and “personalized” homebuilding services could be applied to non-disaster use cases as

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iPhone refurbisher Swappie raises $124M Series C led by Verdane to scale in Europe

Finland-based Swappie refurbishes and resells used iPhones, taking care of the entire process, and selling the refurbished devices via its own marketplace, with a 12-month warranty. Back in 2020, it closed a €35.8 million ($40.6M) Series B to expand into

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Banked raises $20M Series A led by Bank of America and Edenred for US expansion

Banked is a FinTech startup that offers an alternative to card schemes. Consumers are able to pay without entering financial data, no need to create an account, no financial details are shared, authorization is biometric, and the merchant receives the

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Ryan Garcia Claims Eddy Reynoso’s Lack Of Time, Not Bad Blood, Led To Split

Posted on 02/13/2022 By: Hans Themistode (Photo by Kohjiro Kinno/Sports Illustrated via Contour RA by Getty Images) Ryan Garcia and Eddy Reynoso appeared to be a match made in boxing Heaven. Following Garcia’s majority decision victory over Carlos Morales in

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Inside Dark Bay, the spinning LED volume at the heart of Netflix’s upcoming ‘1899’

Virtual production has rapidly become one of the most promising techniques in media. But while a huge and sophisticated real-time display instead of a green screen solves many problems, it also creates new ones. The creators of Netflix’s mind-bending Dark

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Nigerian healthtech startup Reliance Health raises $40M led by General Atlantic

There’s no denying the growth of healthtech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care, and drug delivery, thus fuelling investor interest in the sector. Investment has also

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Sexual misconduct allegation against CNN’s Chris Cuomo led to his firing, attorney says

Television journalist Chris Cuomo. Gilbert Carrasquillo | Getty Images A sexual misconduct allegation led to the firing of CNN primetime anchor Chris Cuomo, attorney Debra Katz said Sunday. Katz said her client, whom she declined to name, came forward after Cuomo

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Homer Plessy’s Arrest in 1892 Led to a Landmark Ruling. Now He May Get Justice.

On June 7, 1892, a racially mixed shoemaker from New Orleans named Homer Plessy bought a first-class ticket for a train bound for Covington, La., and took a seat in the whites-only car. He was asked to leave, and after

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