Philippines: Venture Capital, Kickstart back $550k round in ZAP

From left, are Angelique Uy, Dustin Cheng, and Terence Lok.

ZAP Group Inc, a top rewards and loyalty programme in the Philippines, raised $550,000 in its Pre-A financing led by Venture Capital Holdings Inc, and Kickstart Ventures Inc.

In an interaction with DEALSTREETASIA, ZAP co-founder and CEO Dustin Cheng said the latest funding has brought the company’s total amount of investments to $1.4 million.

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