Tag: Philippines
Philippine FinTech, Salmon, attracts $20m in debt financing
Salmon, a thriving consumer FinTech start-up based in the Philippines, has set a new funding record in the country's technology sector. The company recently secured...
The Radical Fund’s $40m climate tech fund targets early-stage SEA startups
Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.
Filipino FinTech startup Advance raises $16m for pre-Series A
Filipino FinTech startup Advance, which helps employees get early access to their salary, has raised $16m in its pre-Series A funding round.
Filipino FinTech investment declined in 2022 as investors scale back on...
• The Philippines reported its lowest quarter for deal activity in Q4 2022 with only three companies raising deals, a 67% reduction from Q1...
PayMongo appoints new CEO
PayMongo has appointed its COO Isabel Ridad as its acting CEO, following Francis Plaza stepping down from the position.
Philippines-based BNPL service BillEase nets $20m
Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.
Philippines-based Peddlr scores seed funding
Peddlr, a Philippines-based inventory and business financial management startup, has scored P215m ($4.1m) in seed funding.
Philippines central bank proposes sustainable investing guidelines
The Bangko Sentral ng Pilipinas (BSP) has put forward guidelines for banks integration of sustainability principles in their investment activities.
Philippines’ central bank stiffens reporting standards for payment system operators
The Bangko Sentral ng Pilipinas (BSP) has placed firm reporting standards for operators of payment systems in a move to make the Philippines’ payment system strong and more efficient.










