Philippines

Singapore-headquartered fintech firm UNOAsia Pte Ltd has raised $32.1 million in a pre-Series B round to propel its mission to reshape the future of banking in the Philippines. This funding round represents a blend of equity and debt, which augurs well for UNOAsia as it seeks to solidify UNO Digital Bank’s presence in the Philippines and to accelerate its…

Mober, a Philippine electric vehicle (EV) delivery company, has on Wednesday announced a $2 million seed funding round led by RT Heptagon Holdings (RTHH) under the leadership of Chairman and President Rex Tiri.

Asia United Bank (AUB), a publicly listed banks in the Philippines, has partnered with Alipay+, a China-based cross-border mobile payments and marketing platform by Ant International, to enable scan-to-pay feature for cross-border payments in South Korea, Malaysia, Hong Kong.

As fund sufficiency remains a major challenge for MSMEs , particularly in emerging markets, 917Ventures’s loan aggregator Fundspace is offering MSMEs and local entrepreneurs a swift, user-friendly, and easily accessible digital solution tobridge the financing gap in the Philippines.

VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.

Higlobe, a payment solution for global businesses and remote professionals, has on Monday announced a partnership with Triple-A, the digital currency payment institution, aimed at transforming the landscape for remote workers in the Philippines by providing instant, free payment transfers from the United States.

Philippine-based consumer finance app BillEase has announced its collaboration with Razer Merchant Services (RMS), a division of Razer Fintech. This strategic alliance aims to revolutionize the Buy Now, Pay Later (BNPL) landscape by integrating BillEase's flexible payment solutions into RMS's extensive merchant network.

Filipino startup founders are pessimistic on funding climate in 2024, and are shifting focus to profitability, a study showed Thursday.

Toki, a social commerce platform based in the Philippines, has secured $1.8 million pre-seed funding to address demands of untapped market. The pre-seed funding comes from venture capital partners Kaya Founders and Foxmont Capital Partners.

Sprout Solutions, the Philippines’ homegrown business to business (B2B) software as a service (SaaS) company, has acquired the Philippines operations of JustPayroll Inc..