Philippines' fintech startup Acudeen wins Seedstars World 2017, bags $500k

Philippines' fintech startup Acudeen wins Seedstars World 2017, bags $500k

Acudeen CEO co-founder Magellan Fetalino III, and Seedstars Group co-founder Pierre-Alain Masson (right) holding the investment prize award. (Visual from Seedstars World)

Philippine-based financial technology (fintech) startup Acudeen Technologies became the overall winner for Seedstars World 2017, a global seed-stage startup competition for emerging markets that concluded Thursday night in Switzerland.

Led by its CEO Magellan Fetalino III, Acudeen bested startups in 65 countries at the pitching contest held at the SwissTech Convention Centre in Lausanne and received the grand prize of $500,000 in investments.

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