THE ALTERNATIVE VIEW
Southeast Asia Tech & Venture Capital

By: Alternatives.pe

STARTUP FUNDRAISING

GROUPFI, the feeless on-chain Web3 chat solution, raised a Seed funding round backed by institutional investors, including Blackwater and Funnyface, along with prominent OGs in the Web3 ecosystem. This strategic funding will accelerate GroupFi’s mission to redefine decentralized communication by providing a seamless, cost-free, and secure messaging experience on the blockchain.

REVENUE UPDATES

 

PAYMENT OPTION, a complete portfolio of services that simplify and automate payment operations, reported revenue of USD 3.5 million for the FY ending in June 2024. The company remains profitable by earning USD 290K. 

Other companies that filed their financials recently
(you can see their financials on Alternatives.pe)

RECENTLY ADDED STARTUPS

ELEPHANTS: A financial technology company focused on simplifying financial services for small and medium enterprises.

BAYAR MUDAH: A payment service provider in Indonesia, offering credit card payment solutions through Mastercard and PayPal. 

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OTHER NEWS

PHL is the ‘most exciting’ venture capital market in Southeast Asia.
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Report: China, ASEAN most appealing in Asia for foreign investments.


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