Singapore-based UnoAsia, the parent company of Uno Digital Bank in the Philippines, has completed a pre-Series B funding round, securing $32.1 million in investment. The funding, comprising equity and debt, was led by Gateway Partners, Creador Private Equity, and Nextinfinity Management. With this latest round, UnoAsia has raised approximately $75 million.  This funding injection will […]

NextPay, a financial technology startup in the Philippines, announced raising $1.6 million in seed funding round co-led by Singapore-based venture capital firm Golden Gate Ventures and local venture investor Gentree Fund. Local investors in the funding round include Kickstart Ventures of the Ayala Group, Foxmont Capital, and First Asia Ventures, as well as angel investor […]

UNObank, which counts Singapore-headquartered fintech firm DigibankASIA as one of its primary incorporators, announced securing approval from the central bank of the Philippines to operate a digital bank in the country. UNObank, which will be entirely regulated under the Digital Banking License framework in the Philippines, becomes one of the first three firms that received […]

Tonik, the Philippines’ first digital-only neobank, announced that it has secured a digital banking license from the country’s central bank, Bangko Sentral ng Pilipinas (BSP), the first for any private and purely digital bank in the archipelago. The development comes after the neobank’s highly successful public launch in March 2021, which saw it secure over […]

Voyager Innovations, a Philippine-based tech firm that operates PayMaya,received investment commitment of up to $120m from existing investors.

Purchase lending startup Jungle announced that it has secured a license from the Securities and Exchange Commission to start operating in the Philippines.

Southeast Asia’s first pure-play digital bank, Tonik Financial, announced that it has recently closed an equity funding round that raked in $6m.