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.
July 22, 2024
News,Philippines,Blockchain / Crypto
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.
July 19, 2024
Philippines,News,SEA,Indonesia,Thailand,Singapore,Malaysia,Vietnam
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.
July 17, 2024
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.
July 16, 2024
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.
July 15, 2024
Filipino startup Packworks bags $60k government funding to develop AI-powered marketing tool for ‘sari-sari’ stores
Filipino startup Packworks has secured PHP3.5 million ($60,000) from Philippine government to launch $85,000 artificial intelligence (AI)-powered precision marketing tool for ‘sari-sari’ stores (neighborhood mom-and-pop stores).
July 11, 2024
News,Cybersecurity,Indonesia,SEA,Malaysia,Philippines
Sumsub partners Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia
Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia.
July 10, 2024
Philippines,News,SEA,FinTech,Thailand,Singapore,Asia,Malaysia
India, Malaysia & 3 other Asean countries plan instant retail cross-border payments
The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.
July 1, 2024
Philippine-based Zed secures license to operate as a standalone credit card issuer
Zed, a credit-led neobank, announced Wednesday it has received its certificate of authority to operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).
June 26, 2024
Y-combinator-backed fintech startup Elevate secures $5M to expand operations
Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.
June 10, 2024