Fintech B-Social raises seed funds

B-Social, a London fintech that currently offers a “social finance” app and beta debit Mastercard, has raised £3.2 million in seed-round funding from undisclosed high-net-worth individuals. However, the fundraise is just the first step in a journey in which B-Social wants to eventually become a fully licensed bank that reimagines banking around everyday social interactions.
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Indonesia’s Kopi Kenangan raises $8M seed funding from Alpha JWC Ventures

On Thursday, Indonesian coffee chain Kopi Kenangan announced its recent seed funding of US$8 million from Indonesia-focused venture capital firm Alpha JWC Ventures. Kopi Kenangan is Indonesia’s fastest-growing grab-and-go coffee chain. Within a year, it already opened 16 stores in Greater Jakarta area, and the number will keep on rising as the company plans to operate a total of 30
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