MANILA -- U.S. fund KKR, China's Tencent Holdings and other backers of Voyager Innovations have pledged $120 million of fresh capital for the Philippine mobile payment company, which is set to run out of cash by middle of the year.
Business deals
KKR and partners pledge $120m lifeline for Philippines' Voyager
Tencent-backed company in talks with new investors as pandemic boosts digital payments
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Voyager's Paymaya mobile payment app competes against Alibaba-backed Mynt in the Philippines. (Photo by Ken Kobayashi)
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