It provides loans to SMEs in the Philippines. Read from your browser Daily SEA Deals Welcome to Tech in Asia's Daily SEA Deals newsletter, where you can stay up-to-date on the latest deals and funding rounds across Southeast Asia. Hello Betamax, Here are the latest funding rounds across Southeast Asia. DEAL ANNOUNCED IN THE PAST 24 HOURS First Circle (Philippines) - US$4.9 million - Debt First Circle offers unsecured online credit lines and loans of up to 20 million pesos (US$325,000) to SMEs. The company says it has extended 16 billion pesos (US$260 million) in loans to more than 5,000 Philippine businesses. Key member: Patrick Lynch - Co-founder and CEO : Lynch was a vice president at MoneyHero Group. Investor in this round: Cathay United Bank See more ...
Digital banks in the country are reporting profit, and Uber is eyeing a full Delivery Hero takeover. Read from your browser Daily Newsletter Welcome to Tech in Asia's daily newsletter, your essential dose of Asia's tech and startup buzz. Subscribe to this newsletter or send story tips to editors@techinasia.com . Ensure our articles appear in your Google searches: IN FOCUS Indonesia's digibanks are getting money Delivery Hero's Asian retreat continues Take a look back at how Singapore's digibanks performed last year Hello Betamax, Several fintech companies in the Philippines have reported profits in the past mont...