Have you ever wanted to know what the startup ecosystem in Philippines is like without actually travelling there? Or maybe you want to meet these influencers? Being at e27, we have the advantage of helping a first-timer out; so here’s a brief snapshot of the top 27 innovators that are strong influencers and players in the Philippine startup ecosystem:

Philippines-based digital commerce and payment startup Ayannah has announced today that it has raised US$1 million as part of its Series A round from Singapore-based fintech VC Life.SREDA, Silicon Valley VC 500 Startups, London-based fintech VC Blue Compass and other investors.

Fintech startups for the unbanked are seeing a boom in Asia, with 490 million in the region still lacking a bank account. Fintech services like Indonesia’s Coda Payments and Vietnam’s 1Pay tackles this pain-point by letting users pay for bills and services via SMS, cash at convenience stores or prepaid cards. In the Philippines, digital commerce and payment startup Ayannah offers a host of digital financial services that focus on serving the needs of the 100 million resident Filipinos as well as the 12 million overseas Filipinos around the world.

As Southeast Asian merchants, startups and consumers increasingly adopt mobile payment systems, banking executives need to evaluate and integrate mobile solutions or risk being left behind, says a recent report published by Forrester Research. Furthermore, the report says if banks do not move quickly, they risk becoming irrelevant, surrendering customer relationships and missing out on key consumer data.