Philippines Volanews

PHILIPPINES Startups JazzyPay

Philippines' JazzyPay Raises US$500K from Cocoon Capital to Help Businesses Adopt Cashless Payments Amid COVID-19 It will use the fresh funds for product development, to build its management team and grow its network of partner merchants across the country.

by e27

2020-09-11

PHILIPPINES Startups Mosaic Solutions

Philippines' Mosaic Solutions Raises US$1.5M to Provide Data Analytics, Inventory Management Solutions to SEA's F&B Industry Mosaic will further enhance its software, which provides restaurants and off-premise food retailers a “comprehensive and immediate” view of their key cost and revenue drivers.

by e27

2020-09-11

PHILIPPINES Startups Edukasyon

Edukasyon Extends Series A Round to Deepen Gen Z Student Engagement in Philippines The edutech startup will use the capital to build new features, deepen its student engagement, and offer more educational counselling.

by e27

2020-09-09

PHILIPPINES Startups Cloudcfo

Impact Fund SEAF Invests in PH Accounting Services Provider Cloudcfo The firm services more than 100 companies across a range of industries, including technology, e-commerce, finance and lending, restaurants, hotels, manufacturing, business services, and retail.

by DealStreetAsia

2020-08-17

PHILIPPINES TECH GIANT POLICY

Philippines Moves Closer to Taxing Technology Giants The bill, which aims to raise 29 billion pesos ($590 million) to help fund government measures to fight the coronavirus, follows similar plans by other Southeast Asian countries to generate revenues from the most popular digital services.

by DealStreetAsia

2020-07-31

PHILIPPINES Startups Avion School

Tinder Co-Founder Invests in Avion School That Helps 'Filipinos Become Software Engineers in 12 Weeks' Avion is building a new way for Filipinos to learn software development and other technical skills without having to pay upfront.

by e27

2020-07-15

PHILIPPINES INDIA Startups

Filipino Fintech Firm Ayannah Merges with India's ECAPS; Plans to Raise US$30M in Series B The new entity Ayannah Global, to be based in Singapore, aims to provide digital financial services to the growing middle-class in South Asia and SEA.

by e27

2020-06-10

PHILIPPINES Startups GoodWork

PH-based Home Services e-Commerce Platform GoodWork Raises $1.6m Seed Funding Led by Chaac Ventures The company offers services such as home cleaning, laundry delivery, air-conditioner cleaning, home repairs, and home wellness services like manicure & pedicure in Southeast Asia.

by DealStreetAsia

2020-05-15

PHILIPPINES Kumu SOCIAL MEDIA

Philippines-based Live-Streaming Social App Kumu raises US$5M from Openspace Ventures The firm also plans to introduce new features, such as a community-driven live commerce platform, which will allow users to buy products while engaging with online streamers.

by e27

2020-04-14

PHILIPPINES FINTECH Payments

PH tech firm Voyager bags $120m investment commitment from KKR, Tencent, others Voyager Innovations operates PayMaya Philippines, one of the country’s leading payments platform.

by DealStreetAsia

2020-04-07

PHILIPPINES LOGISTICS Inteluck

SE Asian logistics startup Inteluck raises over $5m from MindWorks, Lalamove Inteluck plans to use the proceeds of the latest funding round to launch an intelligent dispatch system and expand its customer base in the Philippines.

by DealStreetAsia

2020-04-01

CHINA FINTECH Oriente

Fintech startup Oriente raises $20m in debt funding for Philippines expansion The company operates Cashalo, a mobile app that provides credit and online-to-offline (O2O) on-demand financing services, in the Philippines.

by DealStreetAsia

2020-03-04

PHILIPPINES VC Kickstart Ventures

Kickstart Ventures seeks potential Philippine unicorns with USD 200 million fund The VC is looking to pour USD 2 million to USD 10 million into Series A to C global companies through the fund.

by kr-asia

2020-03-03

PHILIPPINES Financial Services Asian Development Bank

ADB raising $50m for SDG-focused debut venture fund Manila-headquartered Asian Development Bank (ADB) is raising $50 million for its debut fund that will invest in startups offering impact technology solutions that contribute to the achievement of the Sustainable Development Goals (SDGs) in Asia and the Pacific.

by DealStreetAsia

2020-02-05

PHILIPPINES FOOD Fruitas

Philippines: Fruitas Holdings buys two food firms after raising $20m in IPO The firm has set aside an allocation of $2.6 million for the acquisition of food firms this year.

by DealStreetAsia

2020-02-04

PHILIPPINES Corporate service MicroSourcing

PE-backed Probe BPO acquiring PH-based MicroSourcing for $69m Salmat first acquired 50 per cent of MicroSourcing in 2013 and the remaining 50 per cent in 2016 for $31 million.

by DealStreetAsia

2020-01-10

SINGAPORE INSURANCE Singlife

Aboitiz Equity Ventures partners Singlife in new insurance JV Singlife, valued at $360 million, is the first independent life insurance company that is fully licensed by the Monetary Authority of Singapore.

by DealStreetAsia

2019-12-23

PHILIPPINES FINTECH Acudeen

PH bank RCBC teams up with fintech startup Acudeen for new $2b fund Both companies share the same goal of financial inclusion among MSMEs, which they claim represent 99 per cent of all businesses in the Philippines.

by DealStreetAsia

2019-12-23

PHILIPPINES INVESTMENT ACCELERATOR

Philippines-based accelerator IdeaSpace invests in logistics, tourism startups Philippines-based tech startup accelerator IdeaSpace has announced an investment in three firms that were part of its incubator programme.

by DealStreetAsia

2019-12-06

PHILIPPINES POLICY VC

DTI eyes $2.5 million venture fund for PH startups DTI is looking at allocating an initial 150 million pesos ($2.5 million) to set up a venture fund that will match investments by selected investors in the country’s promising startups.

by DealStreetAsia

2019-11-27