Philippines
Malaysia’s 3cat raises $4M Series A for Philippines expansion
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.
Philippines’ PayMongo targets fourfold revenue growth in 2026
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.
Philippines advances EU, Canada trade deals as digital infrastructure comes into focus
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.
Security Bank targets Apple Pay and Google Pay rollout in second half of 2027
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.
Philippines’ Billease Bank gets rebrand, elects former BSP deputy governor Eduardo Bobier as independent director
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.
Singapore’s Sembcorp scraps $82M full takeover of Philippines’ solar developer Puente Al Sol
Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.
Alipay+ connects to QR Ph for cross-border payments in the Philippines
PPMI and Alipay+ have connected Alipay+ to QR Ph, allowing supported international e-wallet and banking-app users to pay Philippine merchants through existing QR Ph codes.
Philippines’ Lumio Solar raises $900K pre-seed round led by 100×100
Philippine climate-tech company Lumio Solar has raised a $900,000 pre-seed round led by 100x100 to scale distribution of consumer-ready solar appliances and equipment.
Philippines, Meta agree on child-safety measures and rapid-response group after Zamboanga shooting
The Philippine government and U.S.-based Meta Platforms, known for its social media platform Facebook, agreed to deepen cooperation on protecting children online and countering disinformation, harmful content, and threats of violence.
Adjust data puts Southeast Asia among the fastest-growing shopping app markets
Adjust's 2026 Shopping App Insights report shows strong app-install and session growth in Singapore, Indonesia, Vietnam, and other Southeast Asian markets.
