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.

Filipino fintech Advance secures $16M in a pre-Series A funding led by Do Ventures, Lendable

Filipino fintech Advance has successfully secured $16 million in a pre-Series A funding led by Do Ventures out of Vietnam and Lendable, a technology-enabled investment and debt provider to fintechs in emerging markets.

UNO Digital Bank partners GCash to offer saving products

Philippine-based UNO Digital Bank has partnered with Philippine mobile wallet app GCash to integrate its services in GSave.

Philippine Enstack raises $3M in Series A funding round led by Mangrove Capital Partners

Enstack, the Philippines-based small and medium-sized enterprise (SME) superapp, has announced the completion of a $3 million Series A funding round led by Mangrove Capital Partners.

Gobi-Core appointed as a Co-Investment Partner for Philippine government’s Startup Venture Fund

The Gobi-Core Philippine Fund (Gobi-Core) has been officially accredited as a Co-Investment Partner (CIP) of the Philippine government’s Startup Venture Fund (SVF), one of the first since the fund’s inception in 2021.

US’s Strike partners Pouch.ph to expand lightning-fast money transfers to the Philippines

Strike, the United States-based digital payments platform built on Bitcoin’s Lightning Network, has on Tuesday announced the expansion of its “Send Globally” product to the Philippines. The firm has partnered with Pouch.ph in the Philippines, enabling transfers from U.S. dollars that are received as Philippine pesos in a recipient's bank or mobile money…

Ten Filipino startups complete the 917Ventures Accelerator Program by 500 Global

500 Global, a global venture capital firm, hosted Demo Day on January 18 in collaboration with the Philippines’ corporate venture builder 917Ventures, marking the culmination of a ten-week virtual accelerator program designed to scale ten 917Ventures portfolio companies.

Philippine agri-fisheries startup Mayani nets $1.7M in AgFunder-led round

Mayani, a Philippine-based agri-fisheries startup, has secured $1.7 million in oversubscribed seed funding anchored by the Silicon Valley agtech venture capital (VC) AgFunder through its GROW Impact Fund.

GoTyme Bank partners Mambu to deliver digital banking solution in the Philippines

Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos.