Philippines

Mosaic Solutions, a provider of business technology in the Philippines, today announced the acquisition of HelixPay, a commerce enablement platform for e-commerce, venues and ticketing, alongside a strategic partnership with payment firm PayMongo.

According to Packworks’ data of sari-sari store sales transactions, Toblerone enjoyed nearly a 3,000 percent spike in sales between Feb 13 and 15, compared to the same days in other months. Meanwhile, Cadbury saw approximately a 500 percent increase in sales for the same periods.

EDGE Tutor International, the Philippines-based online tutoring outsourcing company, has successfully closed a $1 million Pre-Series A funding round, following its $800,000 seed round in 2023.

We talked to Dan Siazon, Founder and Managing Partner of Kickstart Ventures to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.

PATRIZIA, together with Mitsui via their joint venture fund management company, on behalf of the APAC Sustainable Infrastructure Fund (A-SIF), are supporting sustainable growth in the Philippines with their investment of up to $250 million into parking startup Parkwise Inc.

This initiative aims to provide small and medium businesses (SMBs) with more flexible and secure payment options while improving access to credit for buyers.

Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC), to strengthen access to fair credit.

Mober, a green logistics services provider based in the Philippines, has unveiled the country's first 100 percent electric tractor head truck, marking a significant expansion of its electric vehicle (EV) fleet.

Aura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines.

The Philippines’ sovereign wealth fund Maharlika Investment Corporation (MIC) and Thai conglomerate Charoen Pokphand Group Co., Ltd. (CP Group) are launching $1 billion private equity fund for agri-food, digital, and green energy in the Philippines.