Philippines’ Voyager Innovations bags new funding to hit unicorn status

Voyager Innovations, the Philippines’s technology company behind end-to-end money platform PayMaya and neobank Maya Bank, has recently raised US$210 million in funding, bringing its total valuation to unicorn plus status, at nearly US$1.4 billion. Through the funding, the company will use the new funds to launch Maya Bank services, such as savings and credit, which will be offered seamlessly across PayMaya’s platforms for consumers and enterprises, including micro, small, and medium-sized enterprises or MSMEs.

More News

Next Article

One-Third of Marketers Likely to Replace Their Marketing Automation System This Year: Ascend2 Study

April 14, 2022

Nearly one-third (31%) of marketers plan to replace their current marketing automation system in the coming year, according to this Ascend2 study.  Another 43% are unsure about their plans.  Unfortunately, buyers prioritize price (58%) and ease of use (54%) over integration (22%), feature breadth (21%) and feature depth (19%), so their next system isn’t guaranteed to meet their needs, either.  Perhaps related: just 22% rate their marketing automation program as very successful.

CDPI Newsletter
Previous Article

Indonesia tech giant GoTo shares closes 13% up on market debut

April 14, 2022

Shares of Indonesia tech giant GoTo Group closed 13.02% higher at IDR382 on Monday, its first trading day on the Indonesia Stock Exchange (IDX), bringing its market capitalization to $31.5 billion. GoTo’s IPO is the third-largest in Asia and fifth-largest in the world this year. Around 300,000 investors have participated – the highest ever number to take part in an IPO on the IDX.

CDPI Emerging Markets