Philippines

Higala, an inclusive instant payment system in the Philippines, has extended its seed funding round to $2.8 million with fresh funds from Talino Venture Studios, a global venture studio for sustainable innovation.

IdeaSpace, the Philippines-based startup accelerator and early-stage venture investment arm of the MVP Group of Companies, has on Monday announced the appointment of Alwyn Rosel, a startup ecosystem veteran, as the new Executive Director of IdeaSpace and QBO Innovation, succeeding Jay Fajardo.

Shoppable Business, a Filipino supply chain technology company, has raised a seed round of $1.16 million to fuel its growth and enhance its end-to-end supply chain platform in the Philippines.

Philippine electric vehicle (EV) logistics firm Mober said Tuesday that it has officially opened Central Charge, the largest commercial EV Charging hub in the country to date.

Buhayin, the Philippines-based advocacy agency for emerging island hubs, has partnered with China-based cryptocurrency exchange and Web3 company Bitget and Bitget Wallet to drive financial and digital inclusion in Siargao.

Sari-sari stores, locally known as neighborhood mom- and-pop shops, are not just a primary source of daily essentials for around 94 percent of Filipinos but a vital source of empowerment among women entrepreneurs, a study revealed Friday.

We talked to Macy Castillo, Enstack Chief Executive Officer and Co-Founder, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. She also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.

Mosaic Solutions, a provider of business technology in the Philippines, today announced the acquisition of HelixPay, a commerce enablement platform for e-commerce, venues and ticketing, alongside a strategic partnership with payment firm PayMongo.

According to Packworks’ data of sari-sari store sales transactions, Toblerone enjoyed nearly a 3,000 percent spike in sales between Feb 13 and 15, compared to the same days in other months. Meanwhile, Cadbury saw approximately a 500 percent increase in sales for the same periods.

EDGE Tutor International, the Philippines-based online tutoring outsourcing company, has successfully closed a $1 million Pre-Series A funding round, following its $800,000 seed round in 2023.