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New Deal


Announced

Completed

PLDT, KKR, Tencent and IFC Asset Management completed the $167m investment round in Voyager Innovations.

Financials

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Transaction Value£120m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Cross Border

Private

Completed

financial technology

FinTech

Philippines

Acquisition

Friendly

Single Bidder

Private Equity

Synopsis

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PLDT, a telecommunications company, KKR, Tencent and IFC Asset Management, an asset manager, completed the $167m investment round in Voyager Innovations, a technology company in the Philippines. IFC Asset Management comes as a new investor in the company. “We have seen a quantum leap for digital payments adoption in the Philippines over the past year, and PayMaya has served as the nexus connecting consumers and enterprises with enriching digital finance experiences. This investment supports the unique value we bring and gives us a natural head start with the target market for the digital banking service," Orlando B. Vea, Voyager CEO and Founder.

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