Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
Blockchain technology can make better governments, plus thoughts on financial inclusion from SCI CEO
John Bailon of Satoshi Citadel Industries (SCI) talks to us about how blockchain technology is faring in the Philippines. (Read more)
1,000 Startups in the PHP Eyed in 2018
THE Philippine startup community targets to reach a total of 1,000 startups next year. (Read more)
Latest Blockchain Fundings in Southeast Asia
Blockchain startups have raised about US$358 million in venture capital in 2017 so far, with much of this sum going towards North American and European startups. Meanwhile, initial coin offerings (ICOs) raised nearly four times more, or about US$1.3 billion, also Fintechs from the PHP. (Read more)
Exclusive: PH innovation hub Launchgarage to raise VC fund in 2018
Manila-based innovation hub Launchgarage is planning to take on a venture capital role as it aims to raise a $5-10 million investment vehicle by the third quarter of 2018. (Read more)
Azimo launches cash pick-up in the Philippines in one hour or less
Azimo, a digital disrupter of traditional money transfer services, extends its cash pick-up service enabling customers in the Philippines to collect money minutes after money transfer is made. (Read more )