financetom
Business
financetom
/
Business
/
Philippine fintech firm raises $167 million from KKR, Tencent
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Philippine fintech firm raises $167 million from KKR, Tencent
Jun 28, 2021 1:12 AM

Philippine digital and financial services firm Voyager Innovations has raised USD 167 million for its expansion programme, including a venture into digital banking, its listed and largest shareholder said on Monday.

Share Market Live

NSE

Shareholders PLDT Inc, private equity firm KKR & Co Inc and Chinese tech giant Tencent Holdings Ltd participated in the funding round, PLDT said in a disclosure. Voyager, which serves millions of Filipinos through its e-wallet, digital payments and remittance units, welcomed a unit of the World Bank's International Finance Corp as a new investor.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kinder Morgan Likely to Report
Kinder Morgan Likely to Report "Strong Start" to Year With Fiscal Q1 Results, UBS Says
Mar 13, 2025
03:07 PM EDT, 03/13/2025 (MT Newswires) -- Kinder Morgan ( KMI ) is likely to report a strong start to the year when it reports its fiscal Q1 results, UBS said in an earnings preview Thursday. The analysts said they expect the energy infrastructure company to report Q1 earnings before interest, taxes, depreciation, and amortization of $2.18 billion, up slightly...
US Treasury confirms expiration of Russian energy financing license
US Treasury confirms expiration of Russian energy financing license
Mar 13, 2025
WASHINGTON, March 13 (Reuters) - The U.S. Treasury on Thursday confirmed that a license allowing a wind-down of energy transactions with Russian financial institutions expired as scheduled this week under stiff sanctions imposed in the final days of Joe Biden's presidency. A Treasury spokesperson said that General License 8L expired at 12:01 a.m. EDT on Wednesday. The Biden administration granted...
Palantir Strikes AI Partnerships With Archer Aviation, Databricks
Palantir Strikes AI Partnerships With Archer Aviation, Databricks
Mar 13, 2025
03:22 PM EDT, 03/13/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) on Thursday announced two artificial intelligence-focused partnerships, including one with Archer Aviation ( ACHR ) to develop software to improve aviation systems. With Palantir ( PLTR ) on board, Archer aims to accelerate the expansion of its aircraft manufacturing capabilities at the Georgia and Silicon Valley facilities, the...
MeiraGTx Shares Soar After Joint Venture Deal With Hologen
MeiraGTx Shares Soar After Joint Venture Deal With Hologen
Mar 13, 2025
03:23 PM EDT, 03/13/2025 (MT Newswires) -- MeiraGTx ( MGTX ) shares rose Thursday after the company said it is forming a joint venture with Hologen as part of a strategic collaboration to develop AAV-GAD for Parkinson's disease. The stock was up over 25% in recent trading after rising as much as 32.4% earlier. Trading volume topped 5.5 million shares...
Copyright 2023-2025 - www.financetom.com All Rights Reserved