Sailing Daily | Softbank leads investment in Mexican online lending platform Konfío for $ 100 million in Series D financing; Uber shares electric scooter service in Brazil


Southeast Asian Singapore-based fintech company MatchMove will raise $ 150 million in Series C funding and is expected to make a profit next year.According to Tech in Asia, the company is currently valued at $ 300 million, with revenue growing over 300% year-on-year.The company’s CEO, Shailesh Naik, predicts that the startup will be profitable next year as it handles transactions that will increase from about $ 500 million in 2018 to $ 2.5 billion to $ 3 billion.LinkAja, Indonesia’s state-owned e-wallet platform, partnered with Kredivo, an Indonesian digital credit card platform, to launch the PayLater feature.According to KrASIA, this feature allows customers to conduct transactions through installment procedures.Kredivo will also be a payment method in the LinkAja application.Danu Wicaksana, CEO of LinkAja, declined to give details on this new feature, but said that it will be available sometime this month.Vietnamese coconut milk producer Betrimex plans an IPO on a local exchange.According to DealStreetAsia, Fior Markets said in a March report that by 2025, the global dairy alternatives market is expected to grow at a rate of 12.5% ​​per year to $ 38.9 billion.Betrimex plans to provide foreign investors with up to 30% of its shares after the planned restructuring in June to raise at least $ 50 million.India’s Paytm parent company announced a strategic investment in Indian bus ticketing technology solution provider Infinity Transoft Solutions, the amount of which has not been disclosed.According to Inc42, Paytm wants to improve its payment and technology solutions.Paytm senior vice president Abhishek Rajan said the partnership will help the company strengthen its payment and ticketing technical services to bus operators.It is reported that in the field of bus ticket sales, Paytm’s competitors include redBus, RailYatri, etc.Flipkart co-founder Binny Bansal sold $ 76 million of Flipkart shares to Wal-Mart.According to DealStreetAsia, Bansal is transferring nearly 540,000 shares of Flipkart Private to FIT Holdings SARL, a Wal-Mart-registered entity in Luxembourg responsible for its India operations.FIT Holdings SARL currently owns approximately 81.6% of shares in Flipkart.Indian cloud data protection and management company Druva has recurring revenues of more than $ 100 million.According to ET Tech, Druva said that its annual recurring revenues exceeded $ 100 million and nearly tripled in three years.It is reported that the main driving factors for growth are the increase in cloud computing adoption and the shift to data protection SaaS (software as a service) delivery.Earlier this year, the company announced that it had raised $ 130 million in late-stage funding at a valuation of more than $ 1 billion.Latin American Uber shared electric scooter service in Brazil.According to Labs, Uber announced on Tuesday that it will launch its electric scooter sharing service in the coastal city of Santos.However, Uber has yet to give a clear answer on which cities in Brazil the service will launch or whether it will enter more Latin American countries.It is reported that the service will be under the name of Uber, not the JUMP brand.JUMP is a startup for bicycles and electric scooters that Uber acquired earlier this year.In this segment, Uber’s competitors include Grow (the merger of Mexico’s Grin and Brazil’s Yellow, announced in January this year), Lime (a Uber partner company that arrived in Brazil in July), and more.SoftBank led a $ 100 million Series D financing round for Konfío, Mexico’s online lending platform.According to Contxto, QED Investors in the United States, Kaszek Ventures in Argentina and Vostok Emerging Finance in Sweden also participated in the round.It is reported that Konfío was established in 2013 to provide services to SMEs in Mexico.Goldman Sachs gave Mexico’s fintech Mercado Credito the largest fintech loan in Mexico’s history for $ 125 million.According to Contxto, this will be Goldman’s third loan to Fintech in Latin America.It is reported that Mercado Credito was created by the parent company Latin American e-commerce platform MercadoLibre Inc. in 2016 to provide customers with credit lines through its online payment platform Mercado Pag.Brazilian fintech unicorn EBANX acquires domestic fintech company JoyPay.According to Contxto, although the amount that the unicorn paid for JoyPay has not been disclosed, the official said that the acquisition will be used to expand EBANX Pay and improve its service capabilities in digital payment and QR code transactions in physical stores.It is reported that JoyPay was established in 2016 and had established a good reputation in Brazil’s financial technology market before the emergence of EBANX.Other iQiyi Gong Yu: Asian culture will become the next global popular culture after Hollywood.According to 36 氪 quoted by Sina Technology, at the opening ceremony of the 20th Asian Television Forum, iQiyi founder and CEO Gong Yu said that the next culture that can spread globally will be Oriental Asian culture.In addition, Gong Yu said that technological innovation has provided a huge driving force for the rapid development of the online video industry and the expansion of the video-led entertainment industry.With the further development of 5G and AI technology, further innovation will be realized in professional content production, user content creation and next-generation video experience.JP Morgan Chase Fund reduced its holdings in Tencent and increased its holdings in Budweiser Asia Pacific and Ali.According to 36 氪 quoted by Sina Financial Report, according to foreign media reports, data show that as of October 31, JP Morgan Chase ’s emerging market equity funds have reduced their positions in Tencent by 14%.The JPMorgan Chase Fund reduced its risk exposure to Tencent (currently its fifth largest position) while increasing its bets on Budweiser Asia Pacific, ITC Ltd. and Bank Rakyat Indonesia Persero Tbk PT.The fund also increased its current largest Alibaba position by 2%.Founders Larry Page and Sergey Brin left, and Pichai took over as CEO of Alphabet.According to 36 氪 quoted by Sina Finance, Google said that Google co-founders Larry Page and Sergey Brin will step down as CEO and president of Alphabet, the parent company.Google CEO Sandal Pichai will become Alphabet’s CEO.Page and Brin will remain on the company’s board as major shareholders.Text | Yun Ming @ 36 氪 出海 编 | 赵小 纯 @ 36 氪 出海 图 | Pexels.