Singapore-based BYKidO announced that it closed its pre-seed funding while Malaysia’s GoGet received grants after winning UNCDF B40 Challenge at MyFintechWeek 2019 in Kuala Lumpur.
BYKidO closes pre-seed funding round
BYKidO, a Singapore-based event discovery platform for families, has closed $161,612 in pre-seed funding round from undisclosed investors.
The company, set up in 2016, was funded by Mediacorp as the part of the Mediapreneur Incubator Programme in 2017.
The funding proceeds will be allocated to improve its existing tech infrastructure, deepen marketing strategy, and onboard new partners. The startup serves over 50,000 parents monthly across the BYKidO App, bykido.com, social media, and newsletter.
GoGet bags grant at UNCDF B40 Challenge
GoGet, a community platform for part-time workers, has received $24,300 in grant after winning UNCDF B40 Challenge at MyFintechWeek 2019 in Kuala Lumpur.
The UNCDF B40 Challenge is held by Metlife Foundation and Financial Lab Innovation Malaysia – in partnership with UNCDF, Bank Negara Malaysia, and Malaysia Digital Economy Corporation.
With UNCDF, the company will develop a pilot auto-savings and on-demand insurance.
GoGet is an errands and delivery platform that allows verified workers to sign up for part-time jobs, namely helping to deliver foods or groceries, moving bulk goods, among others.