Philippines

BuildMart PH Technologies, Inc., the Philippines-based business to business (B2B) e-commerce platform that connects manufacturers with hardware stores, has invested an undisclosed amount to Hubware Corporation, an online marketplace for builders, hardware stores, and construction suppliers.

Philippine over-the-counter (OTC) cryptocurrency exchange Moneybees and pawnshop conglomerate Tambunting Kahera ng Bayan have announced a strategic partnership aimed at improving access to financial services for crypto enthusiasts, particularly in Forbes Park in Makati and rural and remote areas nationwide.

WasteX, a Singapore-based climate tech company operating in Indonesia and the Philippines, has secured $450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy.

Salmon Group, a financial technology group, dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has partnered with with the Philippines-based payment firm AllBank (A Thrift Bank), Inc, to introduce an innovative QR Ph-enabled payment solution

Venturi Partners (Venturi), a Singapore-based growth equity firm specializing in consumer investments across India and Southeast Asia, has on Tuesday announced its $25 million investment in DALI Discount (DALI), a rapidly expanding hard discount chain operating in the Philippines.

Philippines-based venture capital firm Kaya Founders is targeting PHP1.4 billion ($25 million) across two new funds to invest in early-stage start-ups in the Philippines and Southeast Asia.

GS1 Philippines, the organization on local barcode standards, has officially launched GS1 Activate, a web-based service aimed at simplifying barcode generation and symbol creation for businesses, revolutionizing the retail supply chain through digitalization.

Philippine consumer finance company Digido is has announced a significant milestone, having served over one million Filipinos through its safe, reliable and inclusive digital lending services.

ProCredit, a Philippines-based small and medium-sized enterprise (SME) lender, closed a $4.1 million pre-seed round, led by Integra Partners. The round also saw participation from the Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (Gobi-Core Philippine Fund), and several local angels.

GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.