Despite the record amounts of funding flowing into the greater Asia Pacific region, Philippine start-ups are facing one major obstacle -- the lack of investments in the country’s start-up market.
Fintech startup Plentina recently appointed Alex Aronson, a veteran of the e-commerce and retail technology industry, to be its next general manager for the Philippines.
Digital Pilipinas (DP), a private sector-led movement that aims to create an digital ecosystem for the country, inked a Memorandum of Understanding with the Department of Science and Technology (DOST) to layout strategies in establishing university-based innovation centers across the Philippines.
The DTI Global AQELERATION Program (GAP) is an acceleration and soft-landing program that will help mature Filipino startups enter Southeast Asian markets and support various needs such as business development, fundraising, and other strategic opportunities.
In partnership with the country’s private sector-led digitization movement Digital Pilipinas, the French Chamber of Commerce in the Philippines recently concluded an early-stage startup contest where local education technology platform Edukasyon.ph and e-signature platform Twala proved as victors in a pool of nine Filipino and French startup companies.
According to a 2020 United Nations Food and Agriculture Organization (FAO) report, the Philippines had the greatest number of food-insecure people in Southeast Asia from 2017 to 2019.
Modern HR management software provider Darwinbox is looking into growing its local team in the Philippines right after a positive funding round led by Technology Crossover Ventures (TCV) at $1 billion valuation.
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.
