Philippines

Philippine Salmon secures $20M of financing from Argentem Creek Partners

Philippine-based consumer fintech Salmon has on Thursday announced it has secured a $20 million debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling the firm to further scale its lending operations across the Philippines.

Philippine career platform Bossjob launches services in Japan

Bossjob, the chat-first career platform for professional hiring based in the Philippines, has announced it will launch its service in the Japanese market, facilitating Japanese companies hiring international talents with its 2.9 million users in the region.

Sprout Solutions expands artificial intelligence capabilities via Aiah AI acquisition

Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of Aiah AI, an artificial intelligence (AI) company with offices based in the Philippines and Singapore.

Explaining fintech’s role in the Philippine economy’s resilient growth

With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital lending services—both from licensed online banks and services offering #BNPL, lines of credit, and other advanced financial products—is a key example, as they are able to handle the…

ADB approves $1B loan to support low-carbon public transport in the Philippines

The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.

Packworks leverages AI to forecast future trends in sari-sari stores across the Philippines

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves.

Pouch.ph launches Send Globally feature to ease money transfers from the Philippines to US banks

Pouch, the lightning payment operator in the Philippines, has introduces its latest app feature "Send Globally" to facilitate instant, low-cost, and safe money transfers from the Philippines to any bank account in the United States.

Philippine ecommerce marketplace startup Shoppable Business closes $1.15M pre-seed round

Shoppable Business, the Philippines-based business to business (B2B) eCommerce marketplace and technology company, has closed its oversubscribed pre-seed financing round of $1.15 million.

Kaya Founders raises $12M in first close to support Philippine startup founders to scale-up

Kaya Founders, a Philippines-based venture capital firm, has on Wednesday announced the first close at $12 million in funding across two new funds to back the next generation of tech-enabled, industry-shaping start-ups across Southeast Asia.

Singaporean fintech firm Pilon secures fresh funding Kaya Founders

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based supply chain financing system, announced Thursday that it has successfully secured a top-up round from Philippines-based Kaya Founders to accelerate growth plans and strengthen its presence in the Philippines market.