Tag: Philippines

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.

Globe Fintech Innovations, which operates the mobile wallet GCash, has received an investment to support the growth of financial inclusion.

Online payment company PayMongo has reportedly raised $12m in its Series A round, which was led by payments monolith Stripe.

Philippines-based Ayannah and India-based Electronic Cash and Payment Solutions (ECAP) have merged to create a pan-Asian company.

Philippines-based digital bank tonik has scored $21m for its Series A round which will support its planned Q3 2020 launch.

The Securities and Exchange Commission (SEC) in the Philippines is urging the nation's businesses to beef up their cybersecurity efforts on the back of Covid-19.