Hello, Split!

Welcoming Split!

• With presence across Malaysia and Singapore, Split has raised an undisclosed seed funding led by 500 Startups. The startup was co-founded in 2018, as part of Entrepreneur First’s talent investment program.
• Split allows installment flexibility without the need for a credit card. With only a debit card, consumers can make purchases with up to three interest-free repayments.

• The technology works on major e-commerce platforms, in-store and even for businesses that sell via chat apps or social media.
• The 500-backed startup powers instalment payments for a wide variety of brands across Malaysia & Singapore in the fashion, electronics, furniture, jewelry, personal care, fitness, gifts, F&B and travel sectors.

• Stay up to date with Split here or follow them on Facebook, Twitter, and Instagram.

The world of abillionveg

• With a catchy-name, Vikas Garg started 500-backed abillionveg to be the go-to, community-driven review platform that helps people across the world find and share insights on plant-based menu items, packaged foods and cruelty-free consumer products.

• Having left a lucrative hedge fund career, Vikas met Jonathan, a chef and coder at a three-month coding bootcamp. Abillionveg was conceived at Vikas’ dining table in 2017 and launched in 2018, he tells Better.sg in an interview.
• Between 2018 and 2019, abillionveg recorded over 50,000 reviews across 30,000 vegan dishes and more than 8,000 consumer products in 90 countries
• Today, abillionveg has more than 150,000 members across 122 countries.

Fashion summit goes online

• Omnilytics, the 500-backed fashion analytics platform, is running a virtual summit this June 16. Glancing through the itinerary, it’s set to be an insightful event with predictions and discussions on the state of fashion, post-Covid-19.

• Called “Fashion’s New Rulebook: Defining the Future from ASOS, M&S & more”, the four-hour event will feature global retail and e-commerce leaders to discuss how the pandemic has shifted consumer buying habits and how the fashion industry can navigate through this unprecedented change.
• Headquartered in Kuala Lumpur, Omnilytics offers real-time market intelligence data to more than 70,000 brands globally. Check out exclusive reports and stay updated with them here.

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

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