Philippines

Malaysia-based pre-owned electronics platform 3cat has raised a $4 million Series A led by Foxmont Capital Partners, with participation from the Asian Development Bank and Golden Gate Ventures, as it prepares to enter the Philippines.

Philippine payments company PayMongo is targeting revenue at about four times last year's level while expanding beyond transaction fees into subscription and merchant services.

The Philippines has reached substantial agreement on a free trade deal with the EU while Canada says separate talks with Manila and ASEAN are more than 90 percent complete, with data centers among investment opportunities under discussion.

Philippine lender Security Bank plans to support Apple Pay and Google Pay in the second half of 2027 after completing a core credit-card system upgrade.

Billease Bank has elected former Bangko Sentral ng Pilipinas Deputy Governor Eduardo G. Bobier as an independent director, subject to BSP confirmation, as the lender integrates more banking products into the Billease ecosystem.

Aolani is working with NVIDIA to deploy 22,000 Blackwell Ultra GPUs in Malaysia and the Philippines, taking its regional capacity above 48,000 GPUs.

HitPay has launched CFO Stack, starting with Virtual Accounts for B2B collections in Singapore and the Philippines, with supplier payments and other finance tools planned.

Maya Bank has introduced a shared credit limit for eligible customers holding both its Landers Cashback and Maya Black credit cards.

Cebu Pacific says its enterprise AI program with Thinking Machines and OpenAI has cut processing time across legal, engineering and project-intake workflows.

VinFast has signed agreements with 13 dealer partners to develop 27 new showrooms across the Philippines as it targets a 60-dealership network in 2026.