Filipino startup news in June
June 2021’s startup news from The Philippines
– items, articles, reports & downloads
Filipino startup news in the June 2021 round-up gathers items across subjects including: financial literacy programs; the play-to-earn concept using gaming, NFTs and cryptocurrency; B2B platform developments for SMEs; artifical intelligence in digital banking; and more.
Hit the headline links to read each Filipino startup news item in full, online, and free.
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- Philippines: Shell LiveWIRE Acceleration program applications close June 4th, seeking social enterprises that are helping the development of local economies
- Philippines: Prosperna eCommerce startup gains $450K seed funding as a result of appearance on The Final Pitch reality TV show, with online store builder for SMEs
- Alibaba Cloud to build data center to support digital transformation and expand footprint in Asia, building on 2019 entry to the country
- Philippines: 10 financial literacy projects gain grants and support from PhilDev Foundation and Cebuana Lhuillier Foundation, focusing on the underserved
- Uno digital bank gains license from country’s central bank, enabling AI-run features including facial recognition and voice ID
- Philippines: Netbank launches following regulatory approval, providing banking-as-a-service operations for companies entering or transitioning to digital financial services
- P43 million in research and development grants issued to 14 startup firms working in tech around fisheries, logistics, procurement, coding and more
- Philippines: Yield Guild Games raises $4M Series A with focus on play-to-earn games using NFTs
- Video: Play-To-Earn, NFT Gaming in the Philippines – how a community earns real-world money by playing token-rewards games like Axie Infinity
- A brief look at the winners from the recent PH Startup Incubator Awards
- Philippines: KwikInsure introduces insurance products for overseas Filipino workers via online marketplace, delivered in partnership with Starr Insurance Philippines
- GrowSari generates $30M in funding to date with B2B platform for small stores, with backers including China’s Tencent and the International Finance Corporation
- Japan’s Marubeni trading house to take stake in e-money platform JV for seafarers between NYK Line shipping firm and Filipino TDG conglomerate
- Philippines: An intro to FiveDOL Upcycling, using fly larvae to combat food waste first by breaking waste down into compost, and then as protein-rich livestock feed
- Voyager Innovations raises $167M, aiming to grow PayMaya fintech’s mobile wallet, payments processing and digital remittance businesses
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