Blockchain for the unbanked: Philippines’ Coins.ph raises US$5M Series A
Kevin McSpadden, writing for e27;
Coins.ph, a Philippines-based startup that provides financial services through the blockchain, announced on Friday it has raised a US$5 million Series A led by Quona Capital’s Accion Frontier Inclusion Fund.
Other participating investors were Innovation Endeavors, Pantera Capital, Digital Currency Group, Wavemaker Labs, Global Brain, BeeNext, and Rebright Partners.
Additionally, Kickstart Ventures and the Ideaspace Foundation invested in the round.
If you're a fintech startup and based in the Philippines, if you're not targeting OFW and the "unbanked" then you're missing a lot.