NextPay, launched in 2020 amid the pandemic, is a platform that provides underserved customers democratized access to easy and affordable financial services such as digital invoicing, cash management, and batch payments to any bank or e-wallet in the Philippines.
Through IDEA and ADVanCE, the government intends to mitigate the challenges being faced by startups by providing customized interventions and support such as coaching, mentoring, training, and workshops.
Last November 16, 2021, the PSC announced the Top 5 winners for the Professional Category. The winners were eligible for DICT’s Startup Grant Fund worth P500,000.00 and also received cloud vouchers, monitors, and HMS app development training from Huawei.
To demonstrate its precision addressing platform, Korean startup geo.nick has is giving away $6,200 for Filipinos who would take photos, videos, or illustrate unique spots in the Philippines and tell a special story behind it.
An Israel-based financial technology (fintech) company is planning to bring the concept of earned wage access (EWA) in the Philippines by early 2022 with an end-to-end solution that banks can offer to corporate clients.
The runners-up were technology startups that also promote livelihood and support sustainability: Panublix from Iloilo City, an online marketplace for indigenous weavers; and SACHI-Group Inc., a Bulacan manufacturer of eco-friendly materials.