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This article was updated 1.07pm GMT, to clarify Starling and Revolut’s furlough situation. Monzo, the U.K. challenger bank with over 4 million account holders, is taking a number of precautionary steps to help see it through the current coronavirus downturn, including voluntary furloughs and its CEO forgoing a salary, TechCrunch understands. In an internal company-wide […]

Kyaw Min Swe’s sister runs a small retail shop in Nattalin in the rural Bago region in Myanmar. Seeing her struggles in getting stock to the shop and having to constantly ask her spouse for help, Min Swe decided to use his business acumen to solve her problem. “I opened a wholesale shop nearby but […]

The post Ex-Oway Director’s e-commerce app Ezay makes life easy for rural woman retailers in Myanmar appeared first on e27.

Facebook Accelerator Singapore showcases 14 startups selected for season 2 Facebook, along with Infocomm Media Development Authority (IMDA), has announced the names of the 14 startups attending the second edition of its accelerator programme in Singapore. The 6-month programme aims to support innovative, data-driven startups across the Asia Pacific region. The 14 startups are: Lucep: […]

The post Afternoon News Roundup: Meet the 14 startups attending Facebook Accelerator in Singapore appeared first on e27.

Let us not sugarcoat it: The past few months have been extremely difficult for businesses around the world. Even in the Southeast Asian startup ecosystem, we have seen how startups in countries such as Malaysia and the Philippines adjusted their operations to the situation, as the COVID-19 pandemic forced cities and countries to go on […]

The post How e27 is going to lend a helping hand for the startup ecosystem during the COVID-19 crisis appeared first on e27.

French startup Qarnot has raised a $6.5 million (€6 million) funding round. The company manufactures heaters and boilers with a special trick — they pack computers as computers tend to generate a lot of heat. Qarnot then lets companies leverage that computing power by running tasks on those unusual servers. Banque des Territoires, Caisse des Dépôts, […]

Telehealth startup Doctor Anywhere closes US$27M Series B funding Doctor Anywhere, a tech-enabled healthcare company headquartered in Singapore, announces today that it has secured a US$27 million Series B financing round led by Square Peg, a venture capital fund in Australia. Joining the round is Singapore Government investment arm EDBI, international healthcare provider IHH Healthcare, […]

The post Morning News Roundup: Doctor Anywhere raises US$27M Series B funding led by Square Peg appeared first on e27.