Charitable fundraising app uBack scores $2M to revolutionise charitable giving

Charitable fundraising app uBack scored a $2M seed funding round yesterday, a significant milestone for the company. uBack, which is aiming to bridge the gap between personal and corporate charity by offering a number of services to streamline "giving" by blending technology and charity together to lower the barrier to entry of donating, was founded in October, 2014 and has been gradually gaining…

Toast closes $1.5M seed round to revolutionise payments for migrant workers in Asia

Toast, a financial services startup offering low-cost peer-to-peer user-to-withdrawal and user-to-user money sending in Asia, closed a new seed round of $1.5M this week. Primarily targeting migrant workers in Asia (for example, those working in Hong Kong and sending money back to relatives in the Philippines), Toast helps users save on fees a fraction of the cost of traditional bank…