As demand for e-commerce and prime delivery standards continues to advance in Southeast Asia, cloud-based logistics solutions provider Locad announced plans to feed $11 million it raised from its Series A round to build the region’s largest fulfillment network dedicated for the e-commerce supply chain.
Transak and Unstoppable Domains will seamlessly integrate within the Pitaka, the digital wallet developed by Filipino-led web3 firm Tetrix, providing customers with a simple and convenient way to buy crypto.
The 2023 program will focus on developing solutions in the following areas: Web 3.0, global money movement, embedded finance, merchant and small business enablers, and open banking solutions.
Infobip’s study found that WhatsApp is the undisputed global dominator in chat apps today. In the Philippines, however, it is Facebook Messenger, followed by the rapidly growing chat platform, Viber, that are the country’s most popular chat apps.
With the goal of reducing the impact that disposable utensils have on the environment, a team of senior high school (SHS) students from Technological Institute of the Philippines (TIP) Manila is developing a sustainable alternative using the organic filaments of a fungus called "mycelium".
Out of hundreds of applications from 17 countries, homegrown fintech platform NextPay was hailed as the runner-up in the 2022 Shell LiveWIRE Top Ten Innovators Awards for the Business Innovation Category.