Philippines funding

Lumio Solar raised US$900,000 in pre-seed funding to build a distribution and service network for plug-and-play solar appliances across the Philippines. The company targets households and small businesses with solar fans, lights, freezers, and portable power stations that do not require roof installation or property ownership. The funding will support product range expansion, strengthening regional hubs, and establishing after-sales repair points.

The AI Credit Assessment Startup specializes in utilizing artificial intelligence to evaluate creditworthiness. This innovative approach aims to streamline the lending process for financial institutions. The recent seed funding round of $4.5 million will support its growth and development.

Multibeam has recently appointed an interim CFO following a significant funding milestone. The company is focused on expanding its operations and enhancing its financial leadership as it moves forward after securing $200 million in funding.

Mynt is the parent company of GCash, the largest e-wallet operator in the Philippines. It offers a range of digital financial services including payment solutions and lending, aiming to innovate and enhance the fintech landscape in Southeast Asia.

Mynt is a financial technology company seeking to raise funds through an IPO.