Endeavor is excited to provide strategic mentoring and support to accelerate Ayannah and Kennemer, which we are confident will transform their respective industries and positively impact the entrepreneurial ecosystem in the Philippines and other emerging markets around the world.”
Ayannah, the leading provider of affordable and accessible digital financial services for emerging markets has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system for the unbanked in emerging markets.
An affordable and accessible digital financial services for the world’s unbanked has walked away with the «Best in Show» by the judges at the Fintech Finals 2017. What does it do?
Singapore-based fintech startup Bambu was the winner of the Best Early Stage Startup Award at Fintech Finals 2017 in Hong Kong last month. Other highlights from the Fintech Finals 2017 included Ayannah winning the overall title, Best in Show, while DarcMatter won for Best Growth Stage and BIMA for Best Mature Stage.
Philippines-based Ayannah, a provider of financial services to migrants and the unbanked, was the overall start-up winner in the Next Money Fintech Finals 2017 in Hong Kong.
Philippine fintech startup Ayannah won on January 19 the Fintech Finals 2017 (FF17) in Hong Kong, edging out 22 global competitors.
Ayannah currently offers three services targeted at overseas Filipino workers (OFWs) who use remittances to support and purchase goods and services for their families back at home.
From being laggards in Asia, as China and India mopped up most of the PE-VC funding, Southeast Asian nations are reaching a tipping point. According to a recent report by Google and Temasek, the region’s 260 million internet users — with an additional 3.8 million coming online every month — is spurring its internet economy.
In the Philippines, the FinTech ecosystem remains modest (see chart on page S4/2). But according to Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor A. Espenilla, Jr., the growth trajectory of the local FinTech scene is mimicking that for the rest of the world, with investments flowing into the payments and underserved segments of the market.
From the government, startups, and social enterprises, we take a look at the startup ecosystem influencers who make startup life more fun in the Philippines.
The fintech startup will use funds to increase customer and agent acquisition, and ramp up product development and international expansion