Philippines' Voyager Innovations raises $210M in funding round

Philippines-based Voyager Innovations Inc., which operates PayMaya and neobank Maya Bank, raised $210 million in new funds.

The funds will be used to launch Maya Bank services and expand PayMaya's offerings with cryptocurrency, micro-investments and insurance, among others. The funding round brings Voyager Innovations' valuation to unicorn plus status, at nearly $1.4 billion.

SIG Venture Capital led the funding round. Other new investors included EDBI and investment holding company First Pacific Co. Ltd.

Voyager's existing shareholders, including PLDT Inc., KKR and Tencent, also participated in the funding round.