Philippines

Maria Health partners with Deel to provide affordable health coverage to Philippine remote workers

Maria Health, the largest online health insurance marketplace in the Philippines, has partnered with Deel to provide access to affordable health insurance for companies hiring remote workers in the country.

Philippine cloud kitchen firm Kraver’s Canteen secures $3M Series A led by Quest Ventures

Kraver’s technology provides high-end meal experiences for its customers by allowing them to heat food without using a microwave. Moreover, Kraver has a metaverse experience–Kra-Verse Food Hall--to make the ordering experience fun for their customers.

Australian FinTech firm Peppermint gets e-wallet license in the Philippines

Peppermint Innovation Ltd (Peppermint), an Australia-based FinTech firm, announced Wednesday the company has been granted a license to operate as an electronic money issuer (EMI) by the Central Bank of the Philippines Bangko Sentral ng Pilipinas (BSP). The EMI license authorises the company to deliver e-wallet services through its bizmoto mobile app…

Philippines’ Voyager Innovations raises $210M at a valuation of $1.4 billion

Voyager Innovations (Voyager), a technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, said Monday it has raised $210 million in new funds, propelling its valuation to unicorn plus status at nearly $1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG.…

Exploring the FinTech revolution in the Philippines

With the right support and innovation, FinTech companies can unlock better access to digital payment solutions, democratized investments, digitized traditional financial services, and even new verticals such as e-commerce for all Filipinos, driving the Philippines’ digital economy to greater heights.

Philippine e-commerce aggregator Armada Brands raises $1.3M Pre-Seed co-led by M Venture Partners and Foxmont Capital Partners

Armada Brands (Armada), a Philippine-based e-commerce aggregator, said Tuesday it has raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands. The pre-seed funding round of $1.3 million was co-led by the venture capital firms M Venture Partners and Foxmont Capital Partners.

Indonesia’s GoTo sells majority stake in Philippines e-wallet Coins.ph – report

Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.

Clearer laws, better funding: A startup wishlist for Philippine regulators

TechNode Global’s series on the Philippines delves into why Filipino startups are attracting venture capital (VC) money in droves. In this fourth and final part, TechNode Global recaps recent government initiatives to spur the Philippine startup ecosystem, and get Philippine founders’ regulatory wishlists.

US’s LEET Technology partners with Philippines’ Smart Communications to develop online esports gaming platform in the Philippines

LEET Technology Inc. (LEET) has partnered with Smart Communications Inc. (Smart), to develop Smart GIGA Arena, the first all-in-one online esports gaming platform in the Philippines. Enabling Filipinos to pursue their mobile gaming passion, Smart GIGA Arena is built on a proprietary esports and social gaming platform, by LEET. This platform on the fastest…

Philippines social commerce startup SariSuki bags $7.1M from regional and global investors

SariSuki has raised $7.1 million from regional and global investors, bringing its total funding to $10.7 million in 2021. Venture capital investors included Openspace, Susquehanna International Group (SIG), Global Founders Capital (GFC), Saison Capital, JG Digital Equity Ventures, and Foxmont Capital Partners are amongst those who participated in the round.…