Philippines Volanews

Philippines's New Wave Joins Hands with Emissary Capital to Launch US$50M Fund for ASEAN Startups New Wave will invest up to US$7.5 million in the new fund as a Limited Partner. The two firms will form a joint venture to serve as General Partners to manage the fund’s investment decisions.

by e27

8 hours ago

PHILIPPINES Startups Resellee

PH's Resellee Raises US$1M in Seed Financing to Help Filipinos Start Zero-Capital Online Business The company claims it has thousands of products and services on its platform — ranging from fashion and electronics, to fruits and vegetables.

by e27

2020-11-17

PHILIPPINES Startups Kumu

Gobi-Core Invests in PH Live Streaming Platform Kumu Kumu has become one of the fastest rising Philippine startups in the last two years. Its user base has more than doubled since the start of the year, surpassing the five-million mark last month.

by DealStreetAsia

2020-11-11

PHILIPPINES Startups PayMongo

Manila-Based Payments Processing Startup PayMongo Raises $2.7 Million in Seed Funding The startup will focus on the Philippines first, where the country’s central bank has set a target of increasing the rate of cashless payments to 20%.

by TechCrunch

2020-09-28

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