Philippines
The next 500 million investors won’t look like the last 500 million
We believe the platforms that will shape the next chapter of wealth management won’t necessarily be the ones serving the most sophisticated investors. They’ll be the ones that bring the most people into the system for the first time and build the trust to keep them there.
Atome Philippines secures $81M credit facility from Asia United Bank to expand PayLater card
Atome Philippines, under Singapore-headquartered digital finance platform Atome, has closed a PHP5 billion ($81 million) wholesale facility with Asia United Bank, securing local currency capital primarily to support the continued expansion of its PayLater Anywhere Card, which has now been issued to over 3 million Filipinos.
Philippines’ Kickstart Ventures join Sprout.ai’s Pre-Series A $9M funding round
Sprouts.ai, an AI-native startup delivering Revenue Agents for B2B enterprises through a proprietary go-to-market (GTM) data layer, has raised $9 million in Pre-Series A funding.
A.P. Moller Capital, Ayala complete partnership to accelerate AC Logistics’ growth
A.P. Moller Capital and Ayala Corporation announced Tuesday the completion of the strategic investment by A.P. Moller Capital – Emerging Markets Infrastructure Fund II in AC Logistics Holdings Corporation (AC Logistics), marking a significant milestone in the development of a leading integrated logistics provider in the Philippines.
Malaysia’s Zetrix blockchain to build Philippines’ national blockchain infrastructure
Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to adopt Zetrix as a sovereign-grade blockchain platform.
Philippines firms accelerate AI adoption, only 17% can recruit enough AI talent: Aon
As many as 72 percent of organizations in the Philippines have already deployed or are piloting artificial intelligence (AI), yet only 17 percent say they can recruit and retain enough AI-skilled talent.
Manit Parikh of The Binary Holdings on DEFA and ASEAN’s digital economy [Q&A]
Manit Parikh, founder and CEO of The Binary Holdings, discusses how ASEAN’s Digital Economy Framework Agreement could help make telco apps, payments, rewards, and digital services more useful across borders.
Swedfund invests $15M in Navegar Fund III to boost companies financing in the Philippines
Swedfund announced Thursday that it has committed $15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines.
Philippines’ SunAsia, Vietnam’s VinEnergo partner on $406 million solar on water energy project
The Philippines' SunAsia Energy and Vietnam's VinEnergo will jointly develop a 422-MWp solar on water portfolio across Pampanga and Negros Occidental in the Philippines, representing an estimated investment of $406 million.
Philippines’ DICT, Google Cloud expand AI and cybersecurity partnership
Philippines’ DICT and Google Cloud have expanded their collaboration to bring enterprise AI tools, cybersecurity capabilities, and connectivity initiatives into public-sector digital transformation efforts.
