Anti-Red Tape Authority (ARTA) has announced a strategic partnership with Twala, a digital signature and digital identity startup supported by the Department of Science and Technology (DOST) through the DOST Startup Grant Fund, to enhance ARTA's digitalization strategy.
A new Filipino-owned transport network company called UTOL, short for Unified Transport Operations League, is joining the list of firms in the local ride-sharing market dominated by regional player Grab.
Consumer finance and buy-now-pay-later app BillEase has announced an investment of $5 million from Saison Investment Management Private Limited (SIMPL), the offshore lending arm of Saison International.
The program will culminate in a demo day in April, providing an opportunity for the startups to showcase their progress and attract potential partners and investors.
Showcasing six startups, the event provided a platform for techpreneurs to pitch their ventures and showcase their journey towards reaching their growth targets and milestones to investors, partners, and key ecosystem stakeholders.
The report from Gobi-Core Philippine Fund noted that while there was a discernible downturn in funding compared to 2022, there was also a surge in startup deals.
Fintech Holdings Ltd. -- more popularly known as Salmon -- has secured an up to $7-million (about P391-million) equity investment from the World Bank Group's International Finance Corporation (IFC) to expand its data- and tech-driven consumer financial services in the Philippines.
With its capacity to digitally automate legal documents, the Supreme Court (SC) has tapped Twala, a startup funded by the Department of Science and Technology (DOST), to digitize notarization in the Philippines.
Superteam Philippines, an advocacy group pushing for the use of the Solana cryptocurrency, officially launched its operations in the Philippines last Feb. 2 at an event at the Marquis Events Place in Bonifacio Global City in Taguig.