Investree Philippines, a fintech joint venture between Philippine-listed Filinvest Development Corp and Investree Singapore, announced that it has received approval from the Securities and Exchange Commission to operate the first licenced crowdfunding platform in the country.
The permanent crowdfunding licence, the very first issuance to any company since the SEC released its implementing rules and regulations in 2019, allows Investree Philippines to fully operate a funding portal to raise capital for startups and small businesses in the Philippines.
