Rocket Internet recently launched its latest Euro-market online startup: Lendico – a P2P platform for lending and borrowing loan monies.
The platform allows borrowers to initiate “projects” – Lendico parlance for loan requests – ranging from €1,000 to €25,000, to which individual lenders can contribute with as little as €25.
Interest rates on Lendico start at 2.99%, and loans are only released on projects that reach their target amount.
As stated by the startup’s co-founder Dr. Dominik Steinkühler, Lendico was designed to “challenge the monopolistic situation…
The domestic needs of busy Beijing residents has been answered by Ayibang – a new Android/iOS app that links users with hired hands for the household.
Ayibang founder Wan Yong revealed this week that the startup app has received “millions of dollars” in Series A funding from an undisclosed source.
Connecting users with nearby help for household chores, the app allows affluent Beijing residents to juggle work and domestic life without the burdens of mounting laundry, soiled dishes and dirty facilities.
With 500 service people…
Magzter has gained funding of $10 million in a series B round led by Singapore Press Holdings (SPH) with backing from India’s Kalaari Capital firm.
In its 2.5 years of operation, Magzter has swiftly grown into one of the internet’s leading digital newsstands with more than 16 million downloads.
Supporting 17 different languages, the mobile/PC/laptop-friendly service features nearly 3,000 periodicals from more than 900 publishers.
According to co-founder and President Vijayakumar Radhakrishnan, the funds will go towards turning Magzter into the world’s most…
CompareHero hopes to ease the confusion that Malaysians face when making loan-price comparisons.
Merely a few months after going live, the site has drawn more than 10,000 visitors seeking info on everything from loans and car insurance to credit cards and mobile plans.
The brainchild of ex-Zalora Thailand head Gerald Eder and former Groupon execs Floyd Sijmons and Zee Fakier, CompareHero employs a mix of content writers and experts from the financial sector.
Visitors have the option of organizing deals by different categories – such as points, air…
Project Shoe has already gone live, just weeks after pitching its concept of selling user-customized footwear at Startup Asia Jakarta 2013.
The e-tailer is offering an initial selection of 11 feminine shoe designs – including pumps, flats and sandals – that customers can use as templates for personalized color and material preferences.
In the upcoming months, Project Shoe intends to add more designs to its range of options, which currently commands between $230 and $500 per customized pair.
Within days of its launch, the Indonesian startup was…
BootstrapLabs brings its startup-geared accelerator program to Northeast Asia with the launch of BootstrapAccelerator Korea.
Based out of Seoul, the new program is modeled on the company’s Silicon Valley operation, where startups from around the world undergo six months of mentoring under BootstrapLabs.
Upon acceptance into the program, Korean startups will receive investments in the $100k ballpark, while select graduates of the six-month mentorship will be invited to join BootstrapLabs’ Bay Area program for an additional $400k.
The Korean program has been funded by local venture capital firm Coolidge…
Mouth.com has garnered capital totaling $1.5 million from a Vocap Ventures-led Series A round, with additional backing from VegasTechFund and private investors Joanne Wilson and Jason Calacanis.
The ingeniously named food e-tailer has earmarked the funds towards marketing its ever-growing inventory – currently boasting 700-some-odd products from 350 brands – as well as for upcoming expansions to its warehouse space.
Catering to the indie foods market, the two-year-old e-tailer primarily specializes in non-perishable munchies such as popcorn, pickles, figs, crackers and candies.
Mouth.com was co-founded by Craig Kanarick –…
Build your Brand, Branding, establish your Brand. Every day you hear about the importance of creating, building, and marketing your business’s brand – and what is a brand? It can be whatever you like: your company logo, slogan, symbol, or even a specific product – something that identifies your business instantly to the consumer. There are an infinite number of possibilities to use in establishing your brand.
A few ways to establish your brand is with logos and slogans. You’ll want people to see your logos and slogans though so…
At the Humble Store, gamers are offered regularly stocked titles in Android, Linux, Mac and Windows formats.
Offering both stream-key and DRM-free versions of the titles on hand, the Humble Store is a flexible alternative to its similarly priced competitors.
Whereas Bundles allow customers to allocate the proceeds, sales on the new site are divided three ways: 10% for…
Goldbely has just secured $3 million in seed funding to help spread its national food-delivery service.
Backing the San Francisco-based startup is a group of investors, including 500 Startups, ACE & Company, Dave McClure, FundersClub, Tim Draper, Y Combinator and Intel Capital – the last of whom led the round.
Bringing local gourmet foods to diners nationwide, Goldbely allows anyone from New York to Seattle the chance to taste faraway favorites, such as deep-dish pizza from Chicago’s renowned Lou Malnati’s.
The company ships non-perishables (cookies, chocolates)…