Advance, a Philippines-based fintech startup that operates a salary-on-demand platform, has announced raising a total of $16 million in its pre-Series A funding round co-anchored by Vietnam’s Do Ventures and emerging market credit provider Lendable.
DealStreetAsia first reported in December that the startup raised $6 million in equity in the latest funding round, which also marked Do Ventures’ first investment in the Philippines.
