Author: Christian Francisco
The funding round was led by Wavemaker Partners, a Singapore- and US-based early-stage venture capital investor, and a host of angel investors, per the announcement.
The expansion into the Philippines and Indonesia came after Gamerji raised $3 million in a pre-Series A funding round backed by GVFL and Unicorn India Ventures in 2022.
The announcement released by KKR said the PE giant will invest from its Global Impact Fund II, a fund that targets companies whose core business contributes towards one or more of the United Nations Sustainable Development Goals (SDGs).
BaniQL is developing a technology that aims to make the extraction of nickel and cobalt – two essential components in electric vehicle batteries and renewable energy storage – more sustainable and environmentally friendly.
The Vietnamese firm seeks to replicate its success by introducing its business model of learn-practice-earn framework, which allows individuals from diverse backgrounds to become all-in-one agents.
The strategic partnership will see both companies collaborate to discuss and establish potential partnerships to deliver cloud solutions to Filipino consumers, per the announcement.
The acquisition will help propel the expansion of GoTyme Bank’s payroll-enabled financial products and give the bank access to SAVii’s more than 500,000 customers, according to the announcement.
This year, Shell LiveWIRE looks to support Philippine startups and entrepreneurs focused on the energy sector, with a focus on “Purposeful Progress Through Energy That Empowers”.
QRPh is the QR code standard of the Philippines fashioned after the Europay-Mastercard-Visa (EMV) global benchmark for secure financial transactions.
This collaboration aims to broaden financial accessibility for over 500 million underserved individuals in the region, particularly those without traditional banking accounts, according to the announcement.
Per the announcement, the startup will lower the cost of real-time payments to allow financial institutions to reasonably price their instant payment services.
The investment from Saison Investment, the offshore lending arm of Saison International, will be used to further grow BillEase’s loan portfolio and launch credit products tailored to its over 1 million users.