A summary of tech news headlines, articles, reports and downloads from The Philippines in August 2021
Tech and startup news from The Philippines in August 2021 covered applications and developments including: e-commerce startup funding; YGG’s Axie Infinity, play-to-earn blockchain gaming; Filipino startups making it to Forbes Asia’s ‘100 to watch’ listings; digital bank licensing restrictions; and more.
More tech news from The Philippines:
Filipino tech news, July 2021| Filipino startups in Q2 2021
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- Philippines: Dole food giant Ananas Anam startup to convert waste pineapple leaves from Dole farms into ethical, sustainable, animal-free leather
- Philippines: Medhyve gains gov’t funding under Startup Research Grant with AI-driven medical supplies procurement and B2B platform
- Philippines: Yield Guild Games, decentralized gaming startup behind Axie Infinity, inks deal with FTX crypto exchange to provide players from developing countries with scholarships
- Philippines: Unlock 2022 – Post-Pandemic Business Solutions webinar set for August 27th, in part introducing startups to SMEs
- Philippines: An intro to the 4 Filipino startups that made it onto Forbes Asia’s ‘100 to Watch’ list, working in e-commerce, cloud kitchens, HR and fintech
- Philippines: GCash Padala launches, allowing users to remit funds from mobile devices even if recipient does not have a digital wallet or mobile banking account
- Philippines: An intro to newly-launched BayaniPay, providing app-based cross-border financial services to Filipino Americans in the US focusing on remittances
- Philippines: Dep’t of Science and Technology unveils new initiatives, including Agri-Aqua Business Incubation Network of the Philippines
- Philippine Digital Asset Exchange raises $12.5M, building on success of BondPH which allowed gov’t to sell retail Treasury bonds via a blockchain-enabled platform
- Philippines: Central bank to stop accepting digital bank license applications, capping number to seven whilst assessing performance of new licensees
- Philippines: An intro to GrowSari, tech-enabled B2B platform helping smaller, family-run stores access better pricing, better service, inclusive financing and new products
- Philippines: Yield Guild Games gains $4.6M in part from Andreessen Horowitz with play-to-earn NFT-based gaming
- Philippines: An intro to the 3 startups selected for the inaugural intake of QBO Innovation Hub Accelerator, working in logistics, e-commerce and no-code applications
- Philippines: Department of Finance rules that players of online games like Axie Infinity who earn money in the real world must pay income taxes on transactions
- Philippines: MarCoPay e-money app aims to link merchant ship crews to loans, insurance and financial services, with sights on $8BN global market
- Philippines: Prosperna e-commerce startup raises $555K seed funding with end-to-end MSME enablement platform covering digital payments, shipping and more
- Philippines: Intellectual Property Office launches IPHatch Competition, incubation program aiming to boost availability of patented technologies for startup business use
- e-news, latest issue: China’s alt-protein space, Indonesia’s Digital LookBook, Filipino startups, artificial intelligence in India…
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