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San Francisco-based Kita’s mission is to “make fair, fast, high-quality credit assessment possible for anyone, anywhere.”
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Foxmont Capital has backed thriving local businesses such as cosmetic brand Colourette, Pickup Coffee, Solx, and Nibertex.
Manila-based venture capital firm Foxmont Capital Partners has announced that it has secured its first close of a third fund, raising $30 million or P1.7 billion.The company has backed thriving local businesses such as cosmetic brand Colourette, Pickup Coffee, ...
This latest investment will help bring Tyme Group’s Philippine operations, GoTyme, closer to profitability, the bank’s co-CEO said.
Tyme Group, the parent company of local digital bank GoTyme, has secured a total investment of $250 million (about P14.7 billion) in a Series D funding round. In a news announcement on Tuesday (December 17), the company said the investment was ...
A "pay later anywhere" card is in the pipeline for countries including the Philippines.
Atome Financial, a leading financial technology platform in Southeast Asia, has secured a new loan facility from Singapore-headquartered EvolutionX Debt Capital. The investment, which hopes to raise an additional $100 million through a syndicate of investors, has a three-year term. ...
According to a stock exchange disclosure.
Liquor producer Emperador, Inc. (EMP) has allocated P6.5 billion for its capital expenditures to grow its distillery this year. According to the company, the investment is expected to double its current production capacity while catering to the rising demand for premium ...
The latest investment worth P410 million is from World Bank Group's International Finance Corporation.
Financial technology company First Circle has secured P410 million ($7 million) in investment from Washington-headquartered International Finance Corporation (IFC). The capital will allow the fintech to raise funds to expand its loan book for small and medium enterprises (SMEs). For IFC, ...
The company hopes to raise $200 million in processed payments globally this year.
BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...
The fintech startup claims to offer the "highest" foreign exchange rates.
Financial technology startup Elevate has raised additional funding worth $5 million (almost P293 million) to expand its operations and cater to more freelancers in the Philippines. The platform simplifies the process for self-employed workers to receive payments in U.S. dollars ( ...
Mober offers sustainable logistics services with its all-electric vehicles.
Mober, an electric vehicle startup in the Philippines, is set to expand its fleet after securing an investment of $6 million (P350 million) from the Southeast Asia Clean Energy Facility II (SEACEF II). The funding allows the company to increase the number ...
The homegrown coffee chain is the 33rd company to become part of the network, joining the likes of Bo's Coffee and Zark's Burgers, among others.
Pickup Coffee is gearing up to broaden its market in the Philippines even more as it joins Endeavor's network of "high-impact" global entrepreneurs.Endeavor made the announcement at the 99th International Selection Panel held in Nairobi, Kenya from May 22 ...
With the latest funding, Humble Sustainability is one step closer to achieving its goal of promoting a circular economy in the Philippines.
Climate technology startup Humble Sustainability is set to scale up its advocacy of reducing electronic waste after securing additional funding from Asia-focused venture capital firm Gobi Partners. The amount, however, was not specified in the new release.The funding, made possible ...
Equity investment for startups in the region dropped by 41 percent in the first quarter.
Most startups across Southeast Asia have gotten off to a rocky start this year. A study from the Singapore-headquartered media company Deal Street Asia revealed fundraising for startups are the lowest it's been in half a decade.Startups in the ...
The deal is ADB’s first private housing project in the Philippines and will help in Lhoopa's efforts to address the housing shortage in the country.
Tech-driven housing startup Lhoopa has signed a loan agreement worth $20 million (about P1.1 billion) with the Asian Development Bank that will support the company's efforts to address the housing shortage in the Philippines.In a news release, the ...
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