Tag: Philippines
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.
Philippines’ first digital-only neobank Tonik nets $131m
Philippines-based digital-only neobank Tonik Digital Bank has closed its Series B funding round on $131m.
Plentina sets sights on Vietnam for BNPL scheme after fundraise
Philippines-based buy now, pay later solution Plentina has reportedly received $2.2m in fresh funding, as it sets its sights on international expansion.
Philippines and Singapore regulators to collaborate on payments
The Philippines Central Bank and the Monetary Authority of Singapore have singed a cooperation agreement to support payments between the two countries.