0
IT

PLDT, KKR, Tencent, IFC to invest USD 120 mln in Voyager Innovations

Tuesday 7 April 2020 | 14:45 CET | News
Philippines operator PLDT, investment firm KKR, Chinese internet company Tencent, IFC, a member of the World Bank Group, and the IFC Emerging Asia Fund, a fund managed by IFC Asset Management Company, have signed agreements under which PLDT, KKR, Tencent, IFC and IFC Emerging Asia Fund commit up to USD 120 million in new funding towards the expansion of Voyager Innovations, a technology company in the Philippines.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet / IT
Companies: PLDT / Tencent
Countries: Philippines
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Voyager's PayMaya secures digital bank licence in the Philippines

Published 23 Sep 2021 16:09 CET | Philippines
Voyager Innovations (Voyager), through its financial technology arm PayMaya Philippines (PayMaya), said it has obtained the ...

Voyager secures USD 167 mln in funding, to expand PayMaya platform into digital banking

Published 29 Jun 2021 11:29 CET | Philippines
Voyager Innovations has raised USD 167 million in funding to power financial services in the Philippines through its financial ...

PLDT enters deal with Amdocs to accelerate digital transformation of enterprise business

Published 17 Jul 2020 11:27 CET | Philippines
Amdocs is expanding its strategic partnership with PLDT, a telecommunications and digital service provider in the Philippines, to ...

Tencent lifts revenues in Q1 but profit growth slows amid pandemic

Published 13 May 2020 14:45 CET | China
Tencent reported higher revenues for the first quarter, but also a slower profit growth as it faced headwinds caused by the ...

PLDT selects Orange International Carriers for voice aggregation services

Published 11 May 2020 16:22 CET | Philippines
Philippines operator PLDT signed a partnership with Orange International Carriers, a division within Orange's wholesale arm, ...

Tencent Cloud introduces international anti-Covid-19 service package

Published 14 Apr 2020 10:53 CET | China
Tencent Cloud has introduced an international anti-Covid-19 service package. The service is designed to help companies, medical ...

PLDT's reported net income jumps 44% in 2018

Published 11 Mar 2019 09:32 CET | Philippines
Philippines operator PLDT reported a net income of PHP 19.2 billion for the full year 2018, which represents an increase of 44 ...

PLDT closes USD 40 mln investment in Voyager Innovations

Published 10 Dec 2018 11:43 CET | Philippines
Philippines operator PLDT has closed the USD 40 million investment of the International Finance Corporation (IFC) and the IFC ...

PLDT closes USD 175 mln investment in Voyager from KKR, Tencent

Published 28 Nov 2018 10:18 CET | Philippines
Philippines operator PLDT has closed the USD 175 million investment in Voyager Innovations by KKR, a global investment firm, and ...

PLDT sells Voyager Innovations stake for USD 40 mln

Published 26 Nov 2018 11:26 CET | Philippines
Philippines operator PLDT, the International Finance Corporation (IFC), and IFC Emerging Asia Fund, a fund managed by IFC Asset ...

KKR, Tencent invest in Philippines' m-payment specialist Voyager Innovations

Published 05 Oct 2018 09:14 CET | Philippines
Following the completion of the transaction, which is expected in the fourth quarter, PLDT will remain the majority shareholder ...

PLDT, Voyager Innovations roll out e-commerce on-boarding programme for SMEs

Published 21 May 2018 11:21 CET | Philippines
Filipino telecoms and digital services provider PLDT, together with Voyager Innovations, the Department of Trade and Industry ...