Global VC Reefknot Investments Deepens Regional Commitment, Leads Filipino Tech Startup Locad’s US$11M Series A Funding

Reefknot Investments led Locad’s US$11M Series A funding with Access Ventures, JG Summit, as well as returning investors Sequoia Surge, Febe Ventures, Antler, Hustle Fund, and Foxmont 

The recent funding will enable Locad to strengthen its logistics engine by building the most extensive and interconnected supply chain network across the Philippines and Asia-Pacific 

Reefknot Investments is doubling down in Asia by building regional investments and expanding global startups regionally 

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]

Regional insurtech Igloo eyes more opportunities to drive financial inclusion in the Philippines with US$ 27-M in fresh funding

Following a successful $27-M Series B+ funding, regional insurtech Igloo is gearing up to further accelerate financial inclusion in Southeast Asia. Seeing tremendous growth in the Philippines, Igloo will be allocating a portion of the funding to deploy more insurance solutions and increase coverage across the country. 

3 new ways to get peace of mind from EastWest Ageas Insurance

Through its recently launched agency channel, EastWest Ageas has added three new financial solutions to its roster, giving Filipinos a total of 13 insurance plan choices.

Future Assure, Future Assure Max, and Life Essentials were designed to make insurance more accessible to more Filipinos.

Future Assure is a good option if you’re just starting to accumulate wealth. It’s an investment-linked life insurance policy with a five or ten-year maturity period. With its protection and investment boosters, you can look forward to a more secure future at a significantly lower entry premium.

Future Assure Max is a plan for Filipinos who want to save for their retirement or their children’s college education. With a minimum single payment of P150,000 and the built-in Investment Booster, one can be confident that their future will be maximized over time.

Upgrade your lifestyle this Chinese New Year through Home Credit

Gong Xi Fa Cai! As the new year unfolds, doors of opportunities open that bring forth new beginnings and chances for resolutions. In your journey to make a better and upgraded version of yourself, Home Credit has got your back with the latest tech, equipment, and appliance to support your dream lifestyle this 2023.

Home Credit Philippines, the lifestyle partner of every Filipino, offers shoppers a buena mano blowout this Chinese New Year. Product offerings such as gadgets, sports equipment, and home appliances are now made more accessible with the lowest interest rates with waived-off last month installment for consistent on-time payers.

Gov’t should double down on open finance to hasten financial inclusion goals – ECCP-SCOFFI

The government ought to double down its initiatives on open finance, as it races to achieve its financial inclusion goals this year, according to the European Chamber of Commerce of the Philippines’ (ECCP) Special Committee on Open Finance and Financial Inclusion (SCOFFI).

As the new administration assures that it will prioritize digital transformation on a national scale, the ECCP-SCOFFI believes that it is high time that the government places more premium on the development of policies and the rollout of more open finance initiatives in the country. 

Homeseekers Dream: RLC Residences unwraps Filipinos’ ideal home

Home plays a major role in various stages of our lives, and for multiple reasons. More than just a place to stay, our home is where we live our best life and celebrate multiple milestones in life. 

With all the different stories of various home seekers, RLC Residences finds itself inspired to share how they shaped the brand’s purpose as seen on their offerings and operations. Hence, the premiere of its Brand Story that was launched during Heart Evangelista’s partnership renewal with the brand.  

“Over the years, we at RLC Residences strive to bring to life homes that are attuned to the needs of our clients. And more than that, we wanted to help them create a delightful experience through living spaces based on their needs. This way, they can achieve the life that they envision for themselves and their families,” says Karen Cesario, Marketing Head and Chief Integration Officer.