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Finance

Philippine fintech Voyager raises $167m for digital banking push

Tencent-backed PayMaya operator says it has applied for online bank license

A shopper uses Voyager's PayMaya mobile wallet to make a purchase at an open-air market in the Philippines. (Photo courtesy of Voyager Innovations)

MANILA -- Philippine fintech company Voyager Innovations said on Monday it has raised $167 million from existing shareholders, including private equity giant KKR and China's Tencent Holdings, to fund its foray into digital banking.

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