Philippines
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Trends
Philippines Lawmakers Vote to Shut Down Country’s Largest TV Network After Attacks From President Duterte
Philippine lawmakers voted Friday to reject the license renewal of the country’s largest TV network, shutting down a major news…
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STARTUPS
Oriente raises $50 million to continue building its infrastructure for digital financial services
Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50…
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Trends
Igloo raises $8.2M to bring insurance to more people in Southeast Asia
Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in…
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STARTUPS
Manila-based payments processing startup PayMongo raises $2.7 million in seed funding
Manila-based financial tech startup PayMongo has raised $2.7 million in seed funding to give merchants in the Philippines and other…
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Trends
Rakuten’s Viber chat app plans to charge to operate chatbots in controversial move
Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will…
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PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
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Trends
Singapore’s Credit Culture raises $29.5M for its soon-to-launch digital loan business
Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer…
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Finance
Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t…
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