Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe
https://techcrunch.com/2020/09/27/philippines-payment-processing-startup-paymongo-lands-12-million-series-a-led-by-stripe/
Stripe has led a $12 million Series A round in Manila-based online payment platform PayMongo, the startup announced today.
PayMongo, which offers an online payments API for businesses in the Philippines, was the first Filipino-owned financial tech startup to take part in Y Combinator’s accelerator program. Y Combinator and Global Founders Capital, another previous investor, both returned for the Series A, which also included participation from new backer BedRock Capital.