Browsing: FINANCIAL SERVICES
eTap Solutions opens physical “My eTap Store” to enhance digital financial service access
By Ron Castro
The store aims to combine digital financial services with in-person support.
Agrilever expands tech-driven support for Filipino rice farmers, addressing credit and climate challenges
By Ron Castro
The company’s efforts respond to data from the World Bank, which indicates that a significant portion of Filipino farmers lacks insurance and faces limited access to formal credit.
Founded in 2016, ADVANCE.AI is a leading provider of digital identity verification, compliance, and risk management solutions in Southeast Asia.
BillEase CEO Georg Steiger hinted that the Series C money will be used to expand the startup’s product offerings to better serve the underserved and the underbanked.
Aside from growing its loan portfolio to more than P100 billion, Montemayor said that the startup is also looking at a $200 million net income from its Philippine operations.
The planned fundraising comes as NextPay announced that it processed P3.2 billion in total digital transactions in 2022, a significant milestone since its 2020 launch.
In a statement, Advance said the fresh funding will be used to introduce more innovative financial products and services not only in the Philippines but also in Vietnam.
The new business units – SariMart and SariPay – will be operated separately from the Growsari platform. SariMart will be the B2B e-commerce business arm of Growsari, while SariPay will be its financial services company.