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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. valuation.

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Sending Prayers and Concrete Help to the Philippines: Bayanihan’ Spirit

Beth's Blog: How Nonprofits Can Use Social Media

I remembered my Dad, who passed away this year, who was a WW2 Vet and stationed in the Philippines. Large organizations like the ones identified by in this Huffington Post list of charities are also raising money and mobilizing relief efforts, including the Red Cross , Direct Relief , and Save the Children.

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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. Today, one of the country’s biggest BNPL providers, BillEase , announced it has raised an $11 million Series B. It can now be used at more than 500 merchants, including consumer electronics seller Kimstore and Philippine Airlines.

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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. and raises $77M.

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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

We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. 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.

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Shipmates makes order fulfillment less tedious for the Philippines’ online sellers

TechCrunch

The Philippines’ e-commerce market now has a gross merchandise volume of $12 billion , a 132% increase from 2020, and is expected to reach $26 billion in GMV by 2025. The startup, a Y Combinator and Iterative alum, announced today it has raised $2.2 million in seed funding. Shipmates founders David Marquez and Josh Supan.