PH-based Talino Venture Labs raises $1.25m as it launches Wefunder campaign

Talino Venture Labs, an award-winning global venture studio for inclusive fintech, has raised $1.25 million from cross-border venture capital firms and angel networks as it launched an equity crowdfunding campaign in the United States.

Winston Damarillo, CEO of Talino Venture Labs, said that the latest funding round and their equity crowdfunding campaign signals a new chapter in Talino’s history.

The funding round was led by Wavemaker Labs, Foxmont Capital Partners, Johnsen Global Business Ventures, and Manila Angel Investors Network (MAIN).

Talino also showed a strong opening at the launch of its equity crowdfunding company on Wefunder.com, recording commitments of over $270,000 from almost 100 investors and appearing as a top trending startup on the platform as of press time.

Talino started almost three years ago with the mission to become a venture studio for inclusive fintech.

Damarillo said they’ve been very fortunate to have worked with industry leaders in Southeast Asia, in the Middle East, and in the United States to bring financial inclusion closer to underserved markets.

Its venture studio has already been able to raise $7 million in venture capital for its portfolio companies and operate profitably with over $2 million in revenue since 2019.

Damarillo said that now, they’re making Talino itself accessible to retail investors who want to invest in innovation with impact.

For as little as $100 on its Wefunder campaign, they can be part of the company’s journey to empower the emerging middle class with inclusive fintech innovation.

Talino will use funds raised for technology R&D and working capital as it builds repeatable, scalable, and profitable inclusive fintechs in underserved markets around the globe.

Its award-winning startups currently serve at least 10 million customers within the United States and Asia corridor, and these have been recognized by global institutions such as UNICEF, the Asian Development Bank, and the U.S.’ Federal Deposit Insurance Corporation (FDIC).