Venture Capital
Philippines based Fintech PayMongo, an Online Payments Platform, Secures $12 Million via Round led by Stripe  Crowdfund Insider. : Philippines-based PayMongo, an online payments platform, has secured $12 million in capital through a Series A investment round led by payments processor Stripe PayMongo provides an online payments API for businesses in the Philippines. The Fintech firm has taken part in Y Combinator’s Accelerator program. Y Combinator and Global Founders Capital (an existing investor) also took part in PayMongo’s latest funding round. BedRock Capital, a new investor, made contributions as well. PayMongo works cooperatively with various financial institutions.