Tagged: Philippines

Peppermint Innovation Provides Services for Unbanked Filipinos

Peppermint Innovation is a Fintech firm focused on the commercialisation of a mobile banking, payments and remittance technology, designed for banks and other institutions. The company’s vision is to provide mobile payments, money services, and remittances to anyone and to anywhere in the world. Founded… Read More

Philippines: Central Bank Will Regulate Bitcoin, Virtual Currencies

The central bank in the Philippines laid down regulations last week for virtual currencies, including bitcoin. Bangko Sentral ng Pilipinas (BSP) was prompted by the surge in the number of money transfers across borders.  More specifically, the financial body is looking to mitigate risks, such as… Read More

Remittance Service Platforms in Singapore Aim to Lower Costs & Increase Access

Economic migrants rely on remittances to ensure that their families are well off at home and to maintain ties to their home countries.  Fees imposed by big banks and traditional remittance institutions eat into foreign workers’ hard-earned incomes, however, so startups focused on money transfers… Read More

SME Lender First Circle Receives $1.2 Million Seed Round to Launch in Philippines

Irish born but Asia based, First Circle has received $1.2 million in seed funding led by Key Capital and IMJ Investment Partners.  The online lender is targeting SME in the Philippines first but plans on expanding across Southeast Asia. Speaking with Businessworld.ie, Patrick Lynch, the… Read More

Asia Pacific Research: Dramatic Growth in Alternative Finance is Fueled by Huge China Market

The Asia-Pacific Alternative Finance Benchmarking Report has just been published and it highlights the largest region in the world for disruptive finance. Entitled, “Harnessing Potential”, this is the first report for the region and has been created by a partnership of researchers, including the Cambridge… Read More

ENDVEST Rolls Out New & Improved Real Estate Crowdfunding Platform

Last month ENDVEST, a global real estate crowdfunding platform, launched its highly anticipated and improved platform ENDVEST 2.0. According to CTO of ENDVEST, David Boyajian, the new website was “built with the investor experience in mind every step of the way.” He claimed that the… Read More

CoAssets’ Singapore Domiciled Crowdfunding Deal “Mountbatten Lights” Successfully Raises S$500,000

Australian listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), confirmed on Monday that it has successfully crowdfunded the platform’s first Singapore-based real estate project.  Launched on July 1st, Mountbatten Lights, a boutique cluster bungalow development, managed to raise S$500,000 from more than… Read More

On Indiegogo: 99designs Crowdfunds For Typhoon Haiyan, Will Match Funds Up To $25K

99designs is a San Francisco-based crowdsourcing web site for graphic and web design work. The site boasts a community of over 250,000 participating designers. Many of these participating designers are based in the Philippines, which was just ravaged by Typhoon Haiyan. Now the team at… Read More

The Spark Project: Crowdfunding in the Philippines Lets Many Hands Make Light Work

If two is company, and three’s a crowd, does seven make it crowdfunding? The seven-man team at The Spark Project would like to make it so. Though the idea of bringing the technology of crowdfunding to the Philippines has been around for a while, it was only last… Read More

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