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LDA Capital and existing creditors back Premiere Horizon's growth strategy through a PHP 2.8 billion funding commitment and debt reduction

July 21, 2021 PASIG CITY, Philippines, July 22, 2021 /PRNewswire/ -- Premiere Horizon Alliance Corporation (PHA), listed on the Philippine Stock Exchange (PHA:PM), is pleased to announce it has entered into a Put Option Agreement (POA) with LDA Capital (LDA) for up to PHP 2,800,000,000 in committed equity over the next thirty-six months. LDAs investment will help accelerate PHAs expansion projects focused on the growing real estate sector and emerging fintech industry. The capital will also be...
City Of Pasig Augusto Antonio Serafica Jr Warren Baker Squidpay Technology Prnewswire Premiere Horizon Alliance Corporation Horizon Alliance Corporation

SquidPay Technology and Phil Star Development Bank jointly files application for digital banking license

February 1, 2021 | 11:45 am Font Size AAA Homegrown fintech startup SquidPay Technology Inc. (SquidPay) has entered into last stage negotiations for the acquisition of a 60% stake in Phil Star, a development bank headquartered in Batangas City. Upon finalization of its majority stake, SquidPay will increase bank capitalization to P1.5 billion, the BSP requires a total of at least P1.0 billion for digital bank license applicants. Phil Star Development Bank (Phil Star), Inc. is a subsidi...
Batangas City Antonio Gregorio Dela Cruz Marvin Dela Cruz Squidpay Technology Phil Star Development Bank Inc

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PHA to venture in tech agribusiness

Published January 25, 2021, 8:00 AM Premiere Horizon Alliance Corporation (PHA) is venturing into technology-driven agribusiness following the entry of its new partners, the principals of SquidPay Technology Inc.      In a disclosure to the Philippine Stock Exchange, PHA said it will be pursuing opportunities in the AgriTech sector through its existing subsidiary, PH Agriforest Inc. “PHA aims to leverage on the fintech expertise of its (SquidPay) in the use of technology in agriculture, ...
Jamesa Loyola Ph Agriforest Inc Department Of Agriculture Horizon Alliance Corporation Squidpay Technology Inc Philippine Stock Exchange
Source: mb.com.ph

Premiere Horizon enters agritech sector

January 22, 2021 | 7:25 pm Font Size AAA Listed holding firm Premiere Horizon Alliance Corp. has ventured into agriculture technology (agritech) sector via its subsidiary, PH Agriforest Inc. In a regulatory filing on Friday, Premiere Horizon said that through PH Agriforest, it plans to leverage on the financial technology (fintech) expertise of its parnter SquidPay Technology, Inc. by using technology to increase yield and efficiency in the sectors of agriculture, forestry, and aquacul...
Marvinc Dela Cruz Revin Mikhaeld Ochave Squidpay Technology Horizon Alliance Corp Ph Agriforest Inc Department Of Agriculture

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NanoVMs Launches Investment Round On StartEngine NanoVMs, the unikernel infrastructurecompany that runs software faster andsafer than Linux has launched aninvesting campaign with StartEngine.The startup has already raised over ... Wallet Factory and Belize Bank to build a mobile payment platform and digital wallet in Belize Wallet Factory and Belize Bank tobuild a mobile payment platform anddigital wallet in Belize March 29,2021 – Wallet Factory, an ... Provider of SaaS for Financial Instit...
Omar Faridi Eastern Securities Development Corporation Squidpay Technology Inc Squidpay Technology ஓமர் பரிதி கிழக்கு பத்திரங்கள் வளர்ச்சி நிறுவனம்

Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines

Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines Philippines based Fintech firm SquidPay Technology Inc. has acquired Php 100 million (appr. $2.08 million) in funding through a Series A round and Php 100 Million (appr. $1.04 million) line of credit – which was arranged by the Eastern Securities Development Corporation (for the company’s first round of funding this December). SquidPay now has a post-money valuation of Php 1.1 billion (appr...
Baguio City Bangko Sentral Marvin Dela Cruz Eastern Securities Development Corporation Squidpay Technology Inc Squidpay Technology

Homegrown fintech startup SquidPay secures P200 Million in funding

December 14, 2020 | 9:00 am Advertisement AAA Local startup SquidPay Technology Inc. has recently signed Php 100 Million in Series A and Php 100 Million line of credit arranged by Eastern Securities Development Corporation (ESDC) for its first round of funding this December, at a post-money valuation of 1.1 Billion Pesos. SquidPay automated fare collection system registration kiosk at SM City Baguio “This news surprised us too. We did not expect any funding to come until t...
Baguio City Bangko Sentral Marvin Dela Cruz Eastern Securities Development Corporation Squidpay Technology Inc Squidpay Technology

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