Philippines, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the Philippines economy and the rise of disruptive technologies, these 2 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.
So without any delay, let’s get started and discover the world of Philippines’s unicorn companies!
List of 2 Unicorns in Philippines
1. Mynt
Provides mobile payments and digital financial services
Company Details:
- Valuation: $2B
- Investors Name: Insight Partners, Warburg Pincus, Ayala Corporation
- City: Taguig City
- Industry: Fintech
- Total Funding Raised: $475M
- Founded Year: 2015
- Joined Unicorn Club: 10/28/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://mynt.xyz/
2. Revolution Precrafted
Designs and manufactures prefab homes and structures
Company Details:
- Valuation: $1B
- Investors Name: K2 Global, 500 Startups
- City: Manila
- Industry: Other
- Total Funding Raised: $15.4M
- Founded Year: 2015
- Joined Unicorn Club: 10/23/2017
- Total Investors:
- Total Deal Terms: 2
- Website: https://revolutionprecrafted.com/
Conclusion
In conclusion, Philippines’s top 2 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.