Southeast Asia’s Top 10 tech news in 2021

It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.

Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter

TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…

Mynt secures $300M funding from lead investors Warburg Pincus, Insight Partners and Bow Wave, now valued at over $2B

Since the onset of community quarantines as a response to COVID-19, Mynt has been at the forefront of the digital transformation of Filipinos as the 'go-to' payment and financial services solution to over 48 million users, nearly half of the national population. With the continued relevance of the app among its users, Mynt is on track to reach PHP 3…

Ant Group-backed Mynt targets unicorn status as it seeks additional funding after $175M investment

After closing a $175 million private equity funding from the New York-based Bow Wave Capital Management, Mynt, also known as Globe FinTech Innovations, seeks to raise more funds to reach unicorn status.

Philippines mobile wallet GCash secures $175 million investment amid rising demand for digital payments

GCash has reportedly facilitated over $20.78 billion (PhP1 trillion) in in-app transactions in 2020 and grew its customer based to 33 million, amid increased demand for online payments and money transfer transactions during the COVID-19 pandemic