Author: Christian Francisco
Founded by tech entrepreneurs Jason Ho and Ryan Chua, Nila Capital Partners will not only offer startups access to vital capital but also connect them with a wide network of industry professionals.
Founded last year by Mika Reyes (CEO) and Alex Kuang, Parallax is a platform that enables freelancers and remote workers to accept near-instant international payments at cheaper rates.
With the rebranding, the group, known for its focus on alternative lending, is now expanding its horizons to build a comprehensive financial ecosystem that caters to the varied spending, borrowing, and investment requirements of its global clientele.
Founded with the aim to confront stigmatized chronic conditions like erectile dysfunction, GoRocky offers discreet, budget-friendly, and easily accessible health solutions.
The startup said it is in the final stages of closing multiple 10-year contract deals for its two products – MiyaPayor and MiyaProvider – in the Philippines and Indonesia.
Temu ships its products from a global network of suppliers and manufacturers, using experienced and reliable logistics partners.
MFast CEO Long Phan announced the Philippine expansion plan along with the funding round, adding that the fresh capital will help the company design exclusive financial products for every customer segment.
CTOS stated its intentions to capitalize on the “strong market presence and expertise” of the acquired companies to offer a comprehensive suite of credit-related products in the Philippines and Indonesia.
The partnership, which was first announced in December last year, aims to reduce the use of fossil fuels by the country’s logistics industry, which is known to release significantly more emissions per vehicle per day than consumer riding.
The startups were introduced during the maiden demo day of the firm’s ALAB Incubation Program, which seeks entrepreneurs or entrepreneurs-to-be with a compelling technology startup idea, prototype, or team.
Atome and HSBC Singapore first signed a $100-million debt facility in August last year to help the fintech company with its operations in the region.
Robocash Group, a global fintech services provider, said payment transactions in the region are likely to reach $53.9 trillion by 2027, indicating an 86% growth from 2022’s figure of $29 trillion.