Online financial services driving digital economic growth
We have a renewed passion and a higher sense of purpose to impact our company, the Philippine FinTech industry, and the entire Philippine digital economy by emp
Source: tribune.net.ph
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People Digest: WhatsApp appoints GoPlay ex-boss as Indonesia head; PayMongo CEO to step down
This is the first time WhatsApp has appointed a person to head the Indonesia market.
Source: dealstreetasia.com
NFT rental marketplace Playdex raises $2M in seed funding
Playdex, an online play-and-earn rental marketplace that allows gamers and guilds to rent gaming assets from NFT owners, has raised US$2M in seed round funding in an industry expected to soar to US$50B by 2025. With Filipino users accounting for a staggering 40% of pioneering play-to-earn gam
Source: mb.com.ph
Filipina-led MadEats expands kitchen operations with $1.7M seed funding
MadEats Filipina-led online delivery-only restaurant startup MadEats bags a US$125,000 deal from Silicon Valley startup accelerator Y Combinator raising their total funding to US$1.7M based on previous investments made by JAM Fund, Crystal Towers Capital, Starling Ventures, local syndicate MAIN, Re
Source: mb.com.ph
Philippines payment gateway PayMongo gets $31M Series B, will explore regional expansion – TechCrunch
Philippines-based fintech PayMongo, which enables merchants to accept digital payments, announced today it has raised $31 million in Series B funding with an eye on regional expansion. Investors include Justin Mateen’s JAM Fund, ICCP-SBI Venture Partners and Lisa Gokongwei’s Kaya Founders, along with returning investors Global Founders Capital and SOMA Capital. The startup says the […]
Source: techcrunch.com