Japan’s SMBC leads $24m round for Philippine ecommerce enabler
- ByStartupStory | December 4, 2025
Japan-based Sumitomo Mitsui Banking Corporation (SMBC) has led a $24 million funding round for a Philippine-based ecommerce enabler startup. The investment aims to accelerate the company’s growth in providing critical logistics, payments, and technology solutions to online merchants across the rapidly expanding Philippine ecommerce market.
The startup offers a comprehensive suite of services including inventory management, last-mile delivery, payment processing, and merchant analytics, helping local and regional ecommerce players scale operations efficiently. The fresh capital will be deployed to expand infrastructure, enhance platform capabilities, and enter new Southeast Asian markets.
With the Philippines poised to become one of the fastest-growing ecommerce hubs in Asia, driven by increasing internet penetration and a young, mobile-first population, SMBC’s investment reflects confidence in the region’s digital economy. The partnership brings together SMBC’s robust financial expertise and the startup’s innovative technology to enable more seamless and scalable ecommerce experiences.
This strategic funding round also supports further development of AI-powered solutions aimed at optimizing supply chain logistics and customer engagement, positioning the startup as a key player in Southeast Asia’s ecommerce infrastructure landscape.
Follow Startup Story
Related Posts
