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Voyager Innovation raises $167M to launch digital bank in the Philippines

 3 years ago
source link: https://fintechranking.com/2021/06/28/voyager-innovation-raises-167m-to-launch-digital-bank-in-the-philippines/
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Voyager Innovation raises $167M to launch digital bank in the Philippines

Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank.

The raise includes $121 million in new funding, and $46 million from previously committed funds. Voyager announced in April 2020 that it had secured up to $120 million in investment commitments from PLDT, KKR, Tencent, the International Finance Group (IFC) and the IFC Emerging Asia Fund.

Read more: TechCrunch


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