{"id":20,"date":"2021-07-02T00:00:00","date_gmt":"2021-07-02T00:00:00","guid":{"rendered":"https:\/\/markupbackup.wordpress.com\/2021\/07\/21\/durians-daily-286-this-weeks-top-stories-on-gilmour-space-landing-us46m-fairbancs-7-figure\/"},"modified":"2021-08-02T07:34:18","modified_gmt":"2021-08-02T07:34:18","slug":"durians-daily-286-this-weeks-top-stories-on-gilmour-space-landing-us46m-fairbancs-7-figure","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=20","title":{"rendered":"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors &#038; more"},"content":{"rendered":"<p>This week, we look at 500-backed fintech startups hitting the big numbers. Fairbanc bags a 7-figure funding round and plans to expand its 60,000-strong network of merchants, while roboadvisor startup Bibit, launched in 2019, has hit one million investors on its platform. In Australia, Gilmour Space secured US$46 million in funding and has major milestones in its future plans. The country also welcomes Singapore startup Homage as it selects Melbourne as its headquarters.<\/p>\n<p>Missed the last weekly roundup? Check it out <a href=\"https:\/\/bit.ly\/duriansdaily281\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>For our top stories in June, click <a href=\"https:\/\/bit.ly\/duriansdaily284\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1024\" data-height=\"576\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dade2c78d.png\"><figcaption class=\"wp-caption-text\">Photo credit: The Australian \/ Mir\u00a0Haque<\/figcaption><\/figure>\n<ul>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily285\" target=\"_blank\" rel=\"noopener\">Gilmour Space lands US$46M to build more hybrid rockets &amp; developing a new launch site<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily285\" target=\"_blank\" rel=\"noopener\">Fairbanc bags 7-figure funding to expand &amp; boost its 60,000-merchant network<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily282\" target=\"_blank\" rel=\"noopener\">How Bibit hit one million investors on its platform<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily283\" target=\"_blank\" rel=\"noopener\">iMotorbike\u2019s strategy for growing its user base 20\u201330% monthly<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily283\" target=\"_blank\" rel=\"noopener\">HappyFresh adoption rates sped up by 2\u20133 years<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily283\" target=\"_blank\" rel=\"noopener\">Levi\u2019s &amp; more brands to benefit from Pomelo\u2019s new tech platform<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily282\" target=\"_blank\" rel=\"noopener\">Drone startup Aerodyne\u2019s journey to 35 countries<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily282\" target=\"_blank\" rel=\"noopener\">Homage to set up HQ in Melbourne in Australia expansion<\/a><\/li>\n<li><a href=\"https:\/\/bit.ly\/duriansdaily285\" target=\"_blank\" rel=\"noopener\">RaRa Delivery chosen to participate in Sequoia\u2019s Surge program<\/a><\/li>\n<\/ul>\n<p><strong>Other stories you may have missed:<\/strong><\/p>\n<ul>\n<li>Bicycle insurtech startup <a href=\"https:\/\/laka.co\/\" target=\"_blank\" rel=\"noopener\">Laka<\/a> has announced Olympic champion and world record holder Elinor Barker <a href=\"https:\/\/www.bikebiz.com\/elinor-barker-mbe-becomes-laka-ambassador\/\" target=\"_blank\" rel=\"noopener\">as an ambassador<\/a>.<\/li>\n<li><a href=\"http:\/\/grab.com\/\" target=\"_blank\" rel=\"noopener\">Grab<\/a> Philippines launches <a href=\"https:\/\/www.rappler.com\/technology\/grab-bayanihan-cheaper-rides-vaccination-centers\" target=\"_blank\" rel=\"noopener\">cheaper rides<\/a> to COVID-19 vaccination centers.<\/li>\n<li>Get to know co-founder of fintech and rewards platform <a href=\"https:\/\/myfave.com\/\" target=\"_blank\" rel=\"noopener\">Fave<\/a>, Chen Chow Yeoh, as he talks about his entrepreneurial journey and how the startup came to be on <a href=\"https:\/\/www.patreon.com\/posts\/50400971\" target=\"_blank\" rel=\"noopener\">OJ Chitchats<\/a>.<\/li>\n<\/ul>\n<hr>\n<p><strong>Missed out the last Daily Markup? Go <\/strong><a href=\"https:\/\/dailymarkup.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> to check it out.<\/strong><\/p>\n<p><strong>You can also find us on <\/strong><a href=\"https:\/\/www.linkedin.com\/company\/500-durians\/\" target=\"_blank\" rel=\"noopener\"><strong>LinkedIn<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.facebook.com\/500durians\/\" target=\"_blank\" rel=\"noopener\"><strong>Facebook<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/twitter.com\/500Startups_SEA\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.instagram.com\/500durians\/?hl=en\" target=\"_blank\" rel=\"noopener\"><strong>Instagram<\/strong><\/a><strong>.<\/strong><\/p>\n<figure><img decoding=\"async\" data-width=\"400\" data-height=\"400\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dadebc6e1.jpg\"><\/figure>\n<p>500 Startups is a venture capital firm on a mission to discover and back the world\u2019s 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.<\/p>\n<p><em>This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively \u201c500 Startups\u201d) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies\u2019 markets, competitors, performance, and fundraising has been provided by those companies\u2019 founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, we look at 500-backed fintech startups hitting the big numbers. Fairbanc bags a 7-figure funding round and plans to expand its 60,000-strong network of merchants, while roboadvisor startup Bibit, launched in 2019, has hit one million investors on its platform. In Australia, Gilmour Space secured US$46 million in funding and has major milestones [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":1979,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[319],"tags":[334,330,338,328,143,332,335,331,337,333,336,329],"class_list":["post-20","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-roundup","tag-aerodyne","tag-fairbanc","tag-fave","tag-gilmour-space","tag-grab","tag-happyfresh","tag-homage","tag-imotorbike","tag-laka","tag-pomelo","tag-rara-delivery","tag-stockbit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors &amp; more - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=20\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors &amp; more - Markup\" \/>\n<meta property=\"og:description\" content=\"This week, we look at 500-backed fintech startups hitting the big numbers. Fairbanc bags a 7-figure funding round and plans to expand its 60,000-strong network of merchants, while roboadvisor startup Bibit, launched in 2019, has hit one million investors on its platform. In Australia, Gilmour Space secured US$46 million in funding and has major milestones [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=20\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-02T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-02T07:34:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Felicia Chia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=20#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png\",\"width\":700,\"height\":393},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=20#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=20\",\"name\":\"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors & more - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=20#primaryimage\"},\"datePublished\":\"2021-07-02T00:00:00+00:00\",\"dateModified\":\"2021-08-02T07:34:18+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=20#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=20\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=20#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors &#038; more\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\",\"name\":\"Felicia Chia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"caption\":\"Felicia Chia\"},\"url\":\"https:\/\/dailymarkup.com\/?author=7\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors & more - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=20","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors & more - Markup","og_description":"This week, we look at 500-backed fintech startups hitting the big numbers. Fairbanc bags a 7-figure funding round and plans to expand its 60,000-strong network of merchants, while roboadvisor startup Bibit, launched in 2019, has hit one million investors on its platform. In Australia, Gilmour Space secured US$46 million in funding and has major milestones [&hellip;]","og_url":"https:\/\/dailymarkup.com\/?p=20","og_site_name":"Markup","article_publisher":"http:\/\/facebook.com\/500southeastasia","article_published_time":"2021-07-02T00:00:00+00:00","article_modified_time":"2021-08-02T07:34:18+00:00","og_image":[{"width":700,"height":393,"url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Felicia Chia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/dailymarkup.com\/#website","url":"https:\/\/dailymarkup.com\/","name":"Markup","description":"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dailymarkup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/?p=20#primaryimage","url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png","contentUrl":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0FWV6XzXWE5rWZm3R.png","width":700,"height":393},{"@type":"WebPage","@id":"https:\/\/dailymarkup.com\/?p=20#webpage","url":"https:\/\/dailymarkup.com\/?p=20","name":"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors & more - Markup","isPartOf":{"@id":"https:\/\/dailymarkup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dailymarkup.com\/?p=20#primaryimage"},"datePublished":"2021-07-02T00:00:00+00:00","dateModified":"2021-08-02T07:34:18+00:00","author":{"@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67"},"breadcrumb":{"@id":"https:\/\/dailymarkup.com\/?p=20#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dailymarkup.com\/?p=20"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dailymarkup.com\/?p=20#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dailymarkup.com\/"},{"@type":"ListItem","position":2,"name":"Daily Markup #286: This week\u2019s top stories on Gilmour Space landing US$46M, Fairbanc\u2019s 7-figure funding, Bibit\u2019s one million investors &#038; more"}]},{"@type":"Person","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67","name":"Felicia Chia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g","caption":"Felicia Chia"},"url":"https:\/\/dailymarkup.com\/?author=7"}]}},"_links":{"self":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20"}],"version-history":[{"count":2,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/20\/revisions"}],"predecessor-version":[{"id":2158,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/20\/revisions\/2158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/media\/1979"}],"wp:attachment":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}