Tag: Philippines

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.

Philippines-based digital-only neobank Tonik Digital Bank has closed its Series B funding round on $131m.

Peddlr, a Philippines-based inventory and business financial management startup, has scored P215m ($4.1m) in seed funding.

Philippines-based buy now, pay later solution Plentina has reportedly received $2.2m in fresh funding, as it sets its sights on international expansion.

The Philippines Central Bank and the Monetary Authority of Singapore have singed a cooperation agreement to support payments between the two countries.

Philippines-based Mynt, which develops financial solutions and payment services, has collected $300m in a funding round that brings its valuation to $2bn.

Philippine Digital Asset Exchange (PDAX), which enables consumers to buy and sell cryptocurrencies, has reportedly netted $12.5m in its latest funding round.

Philippines-based Voyager has reportedly collected $167m in its funding round for its digital payments platform PayMaya.

Philippines-based Uploan, which offers an end-to-end salary loan management platform, has reportedly collected $15m in debt financing.

Tyme, a neo bank focused on Asia and Africa, has raised $110m in funding, as it prepares to apply for a banking license in the Philippines.