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Latest News on Philippines

Philippines e-wallet app GCash crosses $3.97b in monthly transactions; plans to open crypto trading

GCash is a Filipino mobile wallet app owned by Mynt, and backed by Ant Group.

Faith BaltazarAug 11, 2021

Nas Daily's academy halts operations in Philippines; reportedly loses 500k+ followers

Nas Daily's move to halt operations comes after a recent controversy with the locals.

Carl AdrianAug 09, 2021

Gentree Fund is setting aside $40 million to invest in companies entering The Philippines.

Gentree Fund is sector agnostic, and will invest in early-stage and growth-stage companies.

Carl AdrianJul 14, 2021

Stripe now supports GrabPay for online payments in Malaysia and Singapore

Stripe will be launching in The Philippines in the near future, which could also include GrabPay as a payment method too.

Alfred LeeMay 31, 2021

Mobile game spending shoots up in Philippines and Vietnam, largely due to the pandemic.

Mobile game spending is expected to continue rising due to the availability of more payment methods.

Carl AdrianMay 14, 2021

Philippines wants more people to set up businesses; launches eSPARC online company registration

eSPARC will provide a secure, transparent, and efficient way to register companies online in the Philippines

Carl AdrianApr 10, 2021

Philippines is launching a $5 million fund to invest in local startups

The new fund launch is in line with Philippine's Innovative Startup Act

Alfred LeeMar 24, 2021

Philippines startup company NextPay wants to become a digital bank; raises $125,000 from Y Combinator

NextPay is a financial services platform to help SMEs in The Philippines.

Faith BaltazarMar 23, 2021

Lalamove's orders shoot up by over 200% in Philippines, mainly attributed to the ECQ

Lalamove launched in The Philippines in 2017, and operates in 25 markets globally.

Carl AdrianMar 02, 2021

Philippines startup Expedock raised $4 million; uses A.I. to extract data from documents automatically

Expedock wants to simplify supply-chain document processing by using A.I.

Alfred LeeFeb 05, 2021

Gcash Philippines raises $175 million in fresh capital

Gcash's financial services indeed helped Filipinos in coping up with the new normal.

Princess Joy MalinaoJan 10, 2021

Philippines Fintech Startup SquidPay raises $2 million in Series A funding round

SquidPay is working with the Baguio City government to build a cashless society.

Carl AdrianDec 15, 2020

Philippines's startup AQWIRE raises $2.1m in Series A round led by Spiral Ventures

The company has been profitable with over $1.7 million in revenue.

Alfred LeeNov 27, 2020

Philippines's Resellee raises $1 million; helps people start a business with no capital.

People can start a business without having to keep any inventory of products.

Carl AdrianNov 16, 2020

Kumu, the Philippines startup that lets creators monetize their content, joins Gobi-Core portfolio

Gobi Partners and Core Capital participated in Kumu's Series A round.

Carl AdrianNov 14, 2020

GrabPay Card launches in The Philippines; powered by Mastercard.

40% of Filipino consumers are using contactless payments.

Alfred LeeJun 03, 2020

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