Philippines

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.

More than 400 small businesses in the Philippines now accept Bitcoin payments

Pouch.ph, a payment fintech launched in 2021 in the Philippines, said Monday it is transforming the landscape of the Philippine digital economy by enabling more than 400 small businesses to accept and process Bitcoin payments.

Capital A plans to launch ride-hailing in the Philippines challenging Grab – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…

Bossjob attracts 2.9 million users in the Philippines, secures $5m funding to boost globalization efforts

Bossjob, an online job search platform in the Philippines, has secured $5 million funding to boost globalization efforts. The company is venturing into Singapore and Indonesian markets this month, with the Hong Kong market in plan for the third quarter of 2023.

Philippine BillEase partners Agoda, Alipay+ to empower Filipino travelers with greater flexibility

Philippine-based consumer finance app BillEase, is now available as a payment option on Agoda, a global digital travel platform, giving Filipino travelers more flexibility to pay in installments even without a credit card. This integration is enabled by Alipay+, a global cross- border digital payments and marketing solution operated by Ant Group.

Philippine B2B eCommerce enabler etaily wins Expand North Star Pitch Competition

Etaily, a Philippines-based business to business (B2B) eCommerce enabler, has emerged as the winner of the Expand North Star Pitch Competition, hosted in partnership with the GITEX Global team in the Philippines.

Dyson to open advanced manufacturing plant for next generation batteries in Singapore

Dyson, the global technology company, has on Wednesday announced a major acceleration of its international advanced manufacturing capabilities and global research and development (R&D) footprint, with a next generation battery plant in Singapore, new R&D campuses in the Philippines and the United Kingdom.

Filipinos spent 4.4 million hours using e-wallet apps in 2022, says Digido

2022 saw over 58 million active users in the Philippines spending a total of 4.4 million hours in using e-wallet applications, according to a new report revealed by the Philippines-based consumer credit service Digido on Monday.