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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. An example of Komunidad dashboards, created for a project in Mandaluyong City, the Philippines. Komunidad also enables its customers to build their own alert systems.

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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. Kenyan BNPL startup Lipa Later eyes more African markets after raising $12 million. seed 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. Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa.

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Tala grabs $145M to offer more financial services in emerging markets

TechCrunch

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. She discovered that many people she talked to in emerging markets were creditworthy but lacked immediate access to credit and quick loans.

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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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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