Payments infrastructure firm Xendit lands $300m Series D round
This latest round brings Xendit’s total funding raised to date to $538 million.
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This latest round brings Xendit’s total funding raised to date to $538 million.
The new funding has propelled Voyager’s valuation to nearly $1.4 billion.
The Manila-based start-up has now raised around $46 million in total capital.
Akulaku CEO William Li says the companies share a vision for banking that is “expansive and inclusive”.
“The refinancing and lending process will be extremely simple and 100% digital,” Tinkoff states.
Tonik’s Series B equity funding round was led by Japanese banking heavyweight Mizuho Bank.
Metaco provides security-critical software and infrastructure for the digital asset ecosystem.
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
The company’s platform acts an ‘operating system’ for entrepreneurs and small businesses.
Mynt’s most notable subsidiary, GCash, is the archipelago nation’s most popular e-wallet.
Netbank to integrate Chekk platforms into its white-label offerings for customers and businesses.
Thai fintech plans to boost financial inclusion efforts in Southeast Asia.
Company plans to expand beyond its Indonesian and Philippines strongholds.
Fintech says Singapore will act as a springboard for expansion into North America and Europe.
Reports suggest the move is part of a wider strategy to enter the Asian market.
Central bank says the window for digital banking licence applications will close on 31 August.
Tech firm aims to provide banking to 38 million customers.
Netbank plans to offer a “full range” of banking services to migrating firms.
Unobank aims to bridge the financial inclusion gap in its home country.
It aims to be the first entirely cloud-hosted bank in the Philippines.
Merchant payments platform Pine Labs plans regional expansion.
Philippine bank first signed for Temenps back in 2012.
The purchases were made through Nomu Pay.
The prospective bank is pushing its AI capabilities as a unique selling point.
TymeBank looks to expand beyond its South African headquarters.
The challenger wants to extend loan applications to more underbanked Filipinos.
Mynt-operated firm raises $175m from US investor.
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Uno’s parent DigiBankAsia is working with Philippine regulators to obtain a licence.
A basic digital bank will require a minimum capitalisation of $8.2 million.
Bauer’s company made up €291.4m of Wirecard’s 2018 profits.
Partnership claims to be first of its kind in the country.
The new corridors span the Middle East, and into South East Asia and Africa.
Filipinos will be able to sign up to the new service with a selfie.
70% of Filipino adults are still unbanked.
The bank has raised $27m since being founded in 2018.
The new client is Avaloq’s first in the Philippines.
GoBear’s bank partners will be able to tap underserved consumers.
The regtech firm gained extra capital from Japanese VC Global Brain.