Data Vantage: Voyager, YouTrip level up as digital banking race rages on
July 6, 2021
As pure-play digital banking emerges as the next frontier in the development of fintech in Southeast Asia, investors are piling more capital into promising companies.
VANTAGE identified three companies within the digital banking landscape that raised fresh capital.
Voyager Innovations, which operates popular Philippine payment app PayMaya, received $120.8 million from existing backers such as telco firm
PLDT, private equity major
International Finance Corporation.
The capital came on top of the $116.5 million that the company had secured earlier this year, our data shows. With $561 million in paid-up capital to date, the latest investment round puts Voyager’s valuation at $747.3 million.