Launched in 2020 and led in part by Filipino co-founder Jay Anonuevo, BLOX has made significant traction on its product roadmap, all of which is aimed at achieving true decentralization.
The app has just introduced the “Shop by Mall’ feature where users can shop from their favorite malls and restaurants and get everything delivered together.
The Philippines is one of three countries where Google will implement the additional requirements for developers of personal loan apps, the other two being India and Indonesia.
Voyager Innovations, the technology company behind e-wallet platform PayMaya and soon-to-be-launched digital bank Maya Bank, said it raised $210 million in new funds, propelling its valuation to unicorn status at nearly $1.4 billion.
Said to be the first of its kind in the Philippines, the payment service allows users to transfer money to any bank or e-wallet without the need for the recipient’s account details – only an email.
Aside from venture capital, Plentina co-founder and CEO Kevin Gabayan said government grants that do not add red tape would also contribute to a startup’s progress.