FSHI shares plans to develop a FinTech Hub in the next twelve months which aims to create an integrated financial services space to serve as a one-stop shop where Filipinos can perform financial transactions on-the-go.
“Community leaders in the Philippines often tell us that some of the biggest challenges they face are a lack of access, training, and funding. We are excited to continue to invest in and support them through the Community Accelerator.”
“It’s all too often that we see ambitious, idealistic startups with compelling visions sadly ruined by an inability to keep up with rising costs of doing business. Companies like Penbrothers can save the day, and programs like the 500 Startups Global Launch make connecting with them easier than ever.”
This March, the Favor Church community is streaming all five of its scheduled Sunday services live via KUMU. Users can now attend the services online and send virtual gifts which will all go to the church.
“We started the Opportunity Fund...to widen our net and to find dynamic, investment-worthy startups within and beyond the IdeaSpace ecosystem and to earn additional revenues to support IdeaSpace in the future,” shares Meily.