MANILA, Philippines – Investree Philippines, the country’s pioneer crowdfunding intermediary and funding platform, is extending its reach beyond Luzon, expanding recently to Central and Western Visayas and Davao Region in Mindanao. The company seeks to serve and empower more small, medium enterprises (SMEs) in the said regions by providing accessible and affordable financing solutions to help their businesses thrive as the economy reopens.
With positive economic prospects despite rising inflation and other pandemic-induced challenges, Investree Philippines hopes to reach more of the country’s underserved markets, support them in their business goals, and prosper in the new normal. The National Economic and Development Authority (NEDA) reported 7.8 percent growth in the first semester of 2022, as the economy reopened, face-to-face work and classes resumed, tourism was completely back on track, and investor confidence rose. Investree Philippines sees these as opening opportunities for SMEs, which make up the majority of the businesses in the country.
“Our mission since day one has been to support SMEs through accessible and secure financing solutions and, in so doing, contribute to the country’s growth one SME at a time. We are broadening our reach outside of Luzon and are now building relationships with more entrepreneurs in Visayas and Mindanao to help more businesses across the country keep up with the changing times. We at Investree Philippines are here to work and grow with them,” shares Investree co-founder and CEO Kok Chuan Lim.
Helping boost the PH economy one SME at a time
With its expansion in the Visayas and Mindanao, which began this September, Investree Philippines is now fully equipped to support enterprises in the regions’ various industries, including manpower, security services, F&B, school supplies, pharmaceuticals, and medical sectors.
The company optimizes data and technology to connect businesses with institutional investors with the same mission of supporting SMEs. Investree Philippines’ SME clients, including new ones in the Visayas and Mindanao, can now fulfill larger order volumes, deploy and train manpower, develop their business to cater to new target markets, and implement geographical expansion. They can likewise look to fast-tracking business growth in terms of product and/or service development.
The company has aggressive growth plans for the near future to penetrate other regions in the country further.
Building a more financially inclusive Philippines
Investree Philippines, backed by Investree Singapore and local venture builder F(DEV), is the first in the industry to secure a permanent license from the Securities and Exchange Commission (SEC). It works with public and private partners such as the Department of Trade and Industry (DTI), Asian Institute of Management (AIM), and SeekCap to nurture Pinoy SMEs. It also seeks to enter into new partnerships to reach more SMEs and, at the same time, boost financial inclusion in the country.
To impart industry best practices and share insights on how collaborative endeavors can propel equal growth for businesses and investors, Investree Philippines is joining the 2022 Supply Chain Management Association of the Philippines (SCMAP) Conference and the International Food Exhibition (IFEX) Philippines 2022 this September as a delegate and exhibitor. As an exhibitor and guest speaker, it will also participate in the 12th PhilSME Business Expo this November.
“We at F(DEV) take pride in Investree Philippines’ achievements since its local inception in 2020 at the height of the lockdowns. Our main thrust remains bridging the financial gap faced by local businesses and underserved markets through innovative technologies and models,” says F(DEV) Chief Executive Officer Xavier Marzan.
Investree Philippines welcomes interested SMEs, institutional investors, and anchors for partnership opportunities. Visit Investree Philippines’ channels and learn more about its financing options at www.investree.ph or contact cs@investree.ph. Follow its social media channels @investree.ph on Instagram and Investree Philippines on Facebook, TikTok, and LinkedIn.
