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Technology

Philippine fintech Voyager raises $210m to claim unicorn status

Paymaya app owner to roll out cryptocurrency service and digital bank

Voyager, the owner of Philippine e-wallet Paymaya, aims to expand into banking and cryptocurrency trading. (Photo by Yuki Kohara)

MANILA -- Philippine fintech company Voyager Innovations on Tuesday said it reached unicorn status after raising $210 million to fund expansion from payments into banking and cryptocurrency trading.

Voyager said its valuation hit $1.4 billion following the latest funding round led by new investor SIG Venture Capital. Existing shareholders U.S. fund KKR, Chinese tech titan Tencent, World Bank affiliate IFC and PLDT, the Philippines' largest telecom, also participated.

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