Highlights of 2015 included telco PLDT as well as Kickstart each launching a $50m investment fund. Patterned after tech hub districts – Block 71 in Singapore, and MaGIC in Malaysia – Philippines’ Innovation Hub was launched last year.
By Tomas S. Noda III
Salarium is the latest addition to Future Now Ventures portfolio of investments in high potential cloud-based Software-as-a-Service business, namely media CRM Advvy, journey management JESI, auto CRM AutoDeal, cloud subscription Billing Platform, Internet-of-Things integration platform Reekoh, employee performance firm My-CheckPoints, assessment & training platform CloudSwyft Solutions, and consulting firm Barhead Solutions.
The startups, that got funded and their ideas validated, represented segments such as online payments, fintech, teleradiology, realty and job platforms and software services
Online loan services firm LoanSolutions has raised funds from the Singapore-based venture capital fund KK Fund (founded by Koichi Saito) and Kickstart Ventures Inc – a Philippine VC firm, which is a subsidiary Globe Telecom Inc. A personal investment was also made by John Dang, CEO and co-founder of Philippine-based online realty marketplace ZipMatch. Details about the… Read more »
Philippine fintech startup PawnHero has won the Echelon Asia Summit 2015 Judges’ Choice Award in Singapore Wednesday night, beating nine other finalists out of the original 500 applications from around Asia. PawnHero is the first online pawnshop in Southeast Asia (SEA) co-founded by David Margendorff, who did the pitching for the… Read more »
Philippine startups PawnHero and LoanSolutions teamed up recently, seeking to reinvent lending and other financial practices. Founders of both startups told DEALSTREETASIA in an interview that the partnership would give more lending options in the Philippines and eventually across Southeast Asia. PawnHero is the first online pawnshop in the Philippines while… Read more »