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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. The reports were meant to help businesses respond more quickly to natural disasters. Its new investment will be used to build a scalable platform.

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PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines

TechCrunch

Voyager Innovations , the Manila-based owner of PayMaya , one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. Voyager’s total raised since 2018 now stands at $452 million.

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

TechCrunch

and Philippines. According to the company, R500 million ($34 million) has already been invested in the business, while the rest — R1.1 Growth in this particular segment of financial services is only possible with investments from partners who understand and support the growth trajectory of digital banks,” he said.

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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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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. Loans have a flat 5% service fee, with no interest. The company announced today it has closed a $2.2

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Philippines-based MSME platform GrowSari adds $77.5 million to its Series C

TechCrunch

GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 Founded in 2016, GrowSari’s tools for small businesses now include inventory management, pricing tools, a logistics network and working capital loans. million to its Series C round.

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Railsbank, the Banking-as-a-Service, raises $37M in growth funding

TechCrunch

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. This will include the launch of “credit cards as a service” in the U.S. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan.

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