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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. $22.89 million).
Marvin Dela Cruz, CEO at SquidPay Technology Inc., noted that the company was a bit surprised because they weren’t expecting funding to come until the late first quarter of 2021. Marvin added that they’re now confident that there are people “who strongly believe in what SquidPay can achieve.” ....

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Homegrown fintech startup SquidPay secures P200 Million in funding

December 14, 2020 | 9:00 am
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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 the late first quarter of next year,” says SquidPay Technology Inc. CEO Marvin Dela Cruz. “This gives us confidence that there are people who strongly believe in what SquidPay can achieve.” ....

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Homegrown fintech startup SquidPay secures Php 200 Million in funding

Homegrown fintech startup SquidPay secures Php 200 Million in funding
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