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Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines Philippines based Fintech firm SquidPay Technology Inc. has acquired Php 100 million (appr. $2.08 million) in funding through a Series A round and Php 100 Million (appr. $1.04 million) line of credit – which was arranged by the Eastern Securities Development Corporation (for the company’s first round of funding this December). SquidPay now has a post-money valuation of Php 1.1 billion (appr. $22.89 million). Marvin Dela Cruz, CEO at SquidPay Technology Inc., noted that the company was a bit surprised because they weren’t expecting funding to come until the late first quarter of 2021. Marvin added that they’re now confident that there are people “who strongly believe in what SquidPay can achieve.” ....
Homegrown fintech startup SquidPay secures Php 200 Million in funding inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.