Voyager Innovations

KKR, Tencent pick $175m stake in Philippine fintech firm Voyager


The largest investment to date in a PH tech firm is also KKR’s first PE investment in the country.

PH fintech startup First Circle raises $26m in Venturra Capital-led Series A round

Insignia Venture Partners, Silverhorn Investment Advisors, and tryb Group also participated in the round. The proceeds will enable First Circle to branch out nationwide and expand in other Southeast Asian markets.

SG’s Osmanthus Investment picks up 15% stake in Philippines’ One Network Bank

The partnership with Osmanthus is expected to accelerate ONB’s ongoing thrust into the MSME market and further extend coverage into the unbanked and underserved markets.

PH: AboitizPower to acquire $579m stake in Ayala power unit

The deal will provide AC Energy additional resources to finance the expansion of its domestic and offshore renewable energy businesses.

Grab bags e-money licence for mobile wallet service in Philippines

The Philippines is the fifth country in SE Asia where Grab rolls out its full suite of mobile wallet services.

Philippines: IFC proposes up to $20m investment in PayMaya operator Voyager

Voyager is 100% owned by PLDT Inc, a Philippine-listed entity, through its subsidiary PLDT Communications and Energy Ventures Inc.

Electronics maker Cal-Comp delays $125m Philippine IPO due to market conditions

Investor concerns about high inflation and worsening China-U.S. trade tensions have weighed on the Philippines’ broader stock index. It has fallen 15 percent this year, the worst performer in Southeast Asia.

Meloy Fund closes Indonesia, PH-focused impact investment vehicle at $22m

The Meloy Fund seeks to invest in fishing and seafood-related enterprises in Indonesia and the Philippines.

PH proptech unicorn Revolution Precrafted looks to raise $100m Series C next year

At the third edition of DEALSTREETASIA’s PE-VC Summit 2018, founder Robbie Antonio hinted at the possibility of Revolution Precrafted reaching a $10-billion valuation in three to four years.

San Miguel says investors keen to pick stake worth $2.7b in food unit

The feedback from investor roadshows in Asia, Europe and the United States has been positive, San Miguel Corp President Ramon Ang said