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Komunidad, a Philippines-based environmental intelligence platform, lands seed round

TechCrunch

The Philippines is one of the most disaster-prone countries in the world, with geography that makes it vulnerable to typhoons, floods, volcanos, earthquakes and droughts. Its new investment will be used to build a scalable platform. An example of Komunidad dashboards, created for a project in Mandaluyong City, the Philippines.

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Philippines ‘buy now pay later’ startup BillEase scores $11M Series B

TechCrunch

Buy now pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. It can now be used at more than 500 merchants, including consumer electronics seller Kimstore and Philippine Airlines. Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed round.

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Packworks makes operations easier for sari-sari stores in the Philippines

TechCrunch

Sari-saris are small neighborhood stores in the Philippines that are often run on pen and paper ledgers. It also plans to build a department that engages sari-sari stores and provides additional services with parters, plus build an open platform for financial institutions and brands to connect directly with sari-sari owners.”.

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Philippine e-commerce enabler Great Deals raises $30M Series B led by logistics firm Fast Group

TechCrunch

Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe. Navegar, which led Great Deals’ Series A , also returned for this round.

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South African digital bank TymeBank lands $109M from UK and Philippines investors

TechCrunch

and Philippines. The investors for this unnamed round include Apis Growth Fund II, a private equity fund managed by Apis Partners, and Gokongwei-owned JG Summit Holdings, one of the largest conglomerates in the Philippines. The holding company, Tyme, focuses on designing, building and operating digital banks for emerging markets.

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Humble keeps excess inventory out of the Philippines’ landfills

TechCrunch

Manila-based Humble Sustainability is a circular economy startup that wants to keep it out of the Philippines’ landfills. We simply had a love for the earth and spotted an opportunity to apply our little experience of building businesses towards it.”. Humble has worked with 20 companies so far.

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Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed round

TechCrunch

E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of under 10%. Plentina launched in the Philippines in October 2020 and has been downloaded more than 30,000 times. Other installment loan services in the Philippines include BillEase, Tendopay and Cashalo.