October, November & December
4th Quarter
The Philippines’ tech, startup and VC funding news from across October, November and December of 2019, focusing on early stage startups.
For technology-specific news for the most recent month, visit the Other News section, covering blockchain, artificial intelligence, fintech and cryptocurrency news across the 17 jurisdictions that we cover.
October 2019 • November 2019 • December 2019
October 2019
- Philippines: A look at the national finalists aiming to represent the country at the 2019 ASEAN Rice Bowl Startup Awards
- An intro to 5 Filipino startups gaining audiences with a localised approach, giving large-scale competitors Lazada and Shopee a run for their money
- Philippines: City of San Juan to pilot rollout of Government’s Free Wi-Fi for All program, as part of Free Public Internet Access Act
- Philippines: An intro to QuadX, digitally-driven logistics firm working on ecommerce delivery in a country of over 100M people across 300K square kilometres
- Philippines: Electronic Sports and Gaming Summit 2019 set for October 24-27 in Pasay City, Metro Manila
- Philippines: Sprout HR and payroll startup gains $6M backing with predictive data analytics focus
- UN Sustainable Development-focused 2019 Accelerate2030 finalists include InvestEd from the Philippines, and Indonesia’s Sampangan
- Philippines: Speed Money Transfer acquired by Japan’s Digital Wallet fintech; in August alone, Filipinos working abroad remitted $2.88BN
- PayMaya Philippines recognized as Most Innovative Company of the Year at Asia CEO Awards 2019 for its drive to spread financial inclusion
- Philippines: An overview of the goals and hoped-for economic benefits around introduction of the Innovative Startup Act
- Philippines: Edukasyon PH edtech startup gains Series A funding with platforms providing education-to-employment pathways
- Singapore’s Fractal ID management startup partners the Philippines’ Seedbox to given unbanked Filipinos access to financial products
- Philippines Stock Exchange approves Fruitas F&B kiosk operator’s $24.5M IPO plan
- Philippines: A brief look at Ticket2Me, the country’s first fully digital ticketing platform
November 2019
- Philippines: The 6 student finalists selected from Entrepreneurs’ Organization Global Student Entrepreneur Awards Philippines Finals
- Philippines: 2019 TechTonic Summit, the country’s largest tech conference, set for November 15-16 in Metro Manila
- Singapore’s WEnergy Global to invest US$20M into 4 renewable projects in the Philippines, spanning solar, micro-grids and storage
- Philippines: Impact Hackathon aims for largest hackathon in a single venue category in the Guinness World Records
- Philippine Startup Week 2019 set for November 18-22, showcasing the country’s rising startups and the entrepreneurial opportunities the country provides
- Philippines: A brief intro to Secuna, crowdsourced cybersecurity testing platform helping startups and SMEs to connect with security researchers
- Philippines: Singapore’s BCB Blockchain firm to support incubators and accelerators under Department of Science and Technology via 15M Peso fund
- Philippines: Filipinos spent 10% more online during this year’s 11.11 sale, evidence of the increasing appeal of e-commerce in the country
- Philippines: Innovation Startup Act signed, creating Philippine Startup Development Program funding for programs, benefits and incentives for startups and enablers
- Philippines: With signing of Innovative Startup Act, government hopes to see the creation of at least 1000 innovative businesses by 2022
- Philippines: Transfarm takes National Impact Hackathon win at Philippine Startup Week’s 2050fest event
December 2019
- Philippines: Cashalo takes Best Fintech Startup at Philippine Rice Bowl Startup Awards with platform providing services for unbanked and underserved Filipinos
- Philippines-based IdeaSpace accelerator invests in 3 startups, working in logistics, proptech and tourism
- Philippines: Wela Online gains backing, incubation and mentorship from Japan’s Leave A Nest investment fund with integrated school management systems
- Philippines: PhonePera mobile-focused fintech preps for launch, aiming to give the unbanked a way to pay and send money
- Global Startup Awards unveils global winners of 2019 competition in China event, selected from competition across 40 participating countries
- ICYMI: Philippines’ Dep’t of Science and Tech unveils Smarter Philippines Through Data Analytics R&D, Training and Adoption program, aiming to train 30K people
- Philippines: RCBC bank partners Acudeen fintech to launch $2BN fund focused on the country’s micro, small, and medium enterprises, and farmers
- A brief intro to 5 of Southeast Asia’s early-stage startups, working in farming, logistics and more
- Philippines: Red Circle Global unveils EduBox application, aiming to automate aspects of school management systems and more
- Singapore: An introduction to Talino Venture Labs, inclusion tech-focused ‘venture builder’ which recently launched three corporate venture-backed startups
- An intro to the 14 early-stage startups from across SE Asia selected for the Seedstars Summit 2020 in Lausanne, Switzerland
Startup News: Philippines
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