Ybanez, who started Micab in 2012, stepped down in May.
Ninja Van will invest $4 million in the Philippines by the fourth quarter of 2019.
Plano, launched in 2017, plans to use the funding to expand its operations.
Policy & Regulations
Grab Philippines said that the 8,000 TNVS drivers will be deactivated by June 10.
SMFG, like other Japanese lenders, has been stepping up overseas investments in the past few years as it continues to face razor-thin margins at home.
Navegar is seeking $150 million for the new fund.
BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading, has made an unspecified investment in Philippine Digital Asset Exchange (P
BPO Unibank will continue to own 85% of its rural banking arm.
Women-led businesses account for about 60 per cent of all MSMEs in Asia and the Pacific.
The other participating investors in the round include Wavemaker, Hustle Fund and Grand Metro Holdings.
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