F(DEV)’s crowdfunding venture Investree Philippines maintains optimistic outlook, eyes to provide accessible financing amid predicted global recession

Investree Philippines, the first crowdfunding intermediary and funding platform in the country, maintains a positive outlook on financing this year amid predicted global financial crisis. The leading crowdfunding platform is set to launch initiatives to accelerate post-pandemic recovery and promote recession resiliency through accessible and inclusive financing.

Experts have warned national leaders of a possible global recession that’s predicted to hit a third of the world’s economy this year. Although the Department of Finance (DoF) recently claimed that the Philippines may avoid the recession, the Bangko Sentral ng Pilipinas’ (BSP) move to raise policy rates in addressing inflation posts additional challenges to startups and SMEs.[1]