Daily Markup #281: This week’s top stories on Kredivo doubling its debt facility to US$200M, Lingokids raising US$40M & more

This week, 500-backed fintech and edtech startups make the funding news: Indonesian ‘buy now, pay later’ service Kredivo doubled its debt facility to US$200 million while Madrid-based Lingokids raised US$40 million for growth and expansion. In Singapore, Arcstone launched a joint lab to boost digital manufacturing. This facility is expected to benefit both SMEs (small and medium-sized enterprises) and end consumers.

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Photo credit: SWA / Magisnet

Other stories you may have missed:


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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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