Philippines

GCash partners PayPal to launch stablecoin in the Philippines

GCash, a finance super app based in the Philippines, has partnered global payment firm PayPal to launch stablecoin in the Philippines. PayPal’s stablecoin PayPal USD (PYUSD) is now available in the Philippine market through GCash.

Mober partners IKEA Philippines to launch sustainable delivery services in Cebu

Mober, a green logistics services provider in the Philippines, has officially launched sustainable delivery services in Cebu to support the regional expansion of Swedish home furnishing retail giant IKEA Philippines.

Una Cash sees Philippines’ Buy Now, Pay Later market to contribute 6.7 percent in GMV to the digital economy in 2024

UnaCash, an in-app and in-store financing solutions provider based in the Philippines, expects the Philippines’ buy now, pay later (BNPL) market to contribute 6.7 percent in gross merchandise value (GMV) to the digital economy this 2024.

Singapore’s Hive Health raises $6.5M Pre-Series A funding from Sy family-backed Gentree Fund and others

Hive Health, a digital health insurance company based in Singapore, has raised $6.5 million in Pre-Series A funding to transform healthcare access for more small and medium-sized enterprises (SMEs) in the Philippines.

Equinix expands to the Philippines with acquisition of three data centers

United States data center firm Equinix has announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management (TIM), a technology solutions provider based in the Philippines.

IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines

The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL) for developer Ayala Land Inc. (ALI) to boost green buildings in the Philippines.

DOST-ASTI, THE BLOKC and Superteam Philippines join forces to accelerate blockchain innovation

The Department of Science and Technology - Advanced Science and Technology Institute (DOST-ASTI), THE BLOKCLABS, INC. (The BLOKC) and Superteam Philippines are set to formalize a groundbreaking partnership to propel blockchain technology and Web3 initiatives in the Philippines.

ASEAN exchanges commit to advance ASEAN as an attractive region

Six major ASEAN stock exchanges have committed to several initiatives to advance ASEAN as an attractive region.

Philippine proptech firm Lhoopa secures $80M in equity and debt

Lhoopa, the Philippine proptech company, has on Tuesday announced the successful completion of its $80 million funding round.

Philippine femtech firm Kindred Health raises $5.5M in pre-Series A funding round led by Integra Partners

Kindred Health Inc., a femtech company in the Philippines, has announced the successful completion of its pre-Series A funding round, raising a total of $5.5 million.