Browsing: acquisition

Carmen’s Best founder, Paco Magsaysay, talks about his personal experiences building and scaling Carmen’s Best, best known for their premium artisanal ice cream. He goes in-depth on the company’s recent acquisition by the Metro Pacific Group, the changes that shift has brought in his life, and what it means to be a lifelong underdog.

The startup announced its regional expansion plans after it acquired a majority stake in MyRobin, an Indonesian blue-collar workforce fulfilment company, for an undisclosed amount.

The approval from the central bank marks the first step in Right Choice Capital’s move to venture into the country’s digital banking space.

The strategic acquisition augments Tonik’s core lending portfolio while integrating payroll-enabled financial services into its operations.