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Philippines fintech business Voyager raises $215M in Tencent-led round

Philippines based mobile wallet provider has raised $215m from Tencent and IFC.  The business was started by telecom operator PLDT as a digital wallet that has expanded into digital lending and loyalty / rewards.

Together, the deal is the largest piece of funding for a Philippines-based startup in history, although Voyager is hardly a startup. The business was started by telecom operator PLDT, and it operates as its fintech arm, with services that include a prepaid wallet, digital payment option for retails, a remittance network for sending money, a digital lending service and a loyalty and rewards program.

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payments