A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Philippines has more than 16.8K+ startups. Of these, 3 have become Unicorns, with the latest entrant to the club being Voyager Innovations on Apr 11, 2022. In 2026, Philippines has seen no new unicorn startups.
Globally, Philippines is number 36 in terms of total Unicorns created, behind Denmark (3 unicorns) at rank 35 and Cayman Islands (3 unicorns) at rank 34. Mandaluyong leads the list of cities in Philippines with most unicorns at 1. It is followed by Taguig (1 unicorn). Among sectors, FinTech has seen the most unicorns created at 3, followed by Retail at 2, and Financial Services at 1
Here is a list of all 3 unicorns created in Philippines:
Voyager Innovations joined the Unicorn Club on Apr 11, 2022 after raising a $***** Series F funding round led by SIG Venture Capital, valuing it at $*****.
Payment gateway solutions to businesses. Its platforms include a payment app for millennials, enables enterprises to accept cashless payments, remittance services, and more. It facilitates payments via bank transfers, wallets, and credit or debit cards.
Key facts about Voyager Innovations
- Founded Year: 2013
- Location: Mandaluyong (Philippines)
- Stage: Series F
- Primary Sector: Payments
- Time to Unicorn: 9 years 3 months
- Top investors : EDBI, IFC Asset Management Company
- Valuation: $*****
- Total Funding till date: $712M
- Employee Count: 58 as on Aug 31, 2026
- Latest Funding Round: Series F, Apr 11, 2022, $*****
2. Mynt
Mynt joined the Unicorn Club on Nov 01, 2021 after raising a $***** Series B funding round led by Warburg Pincus, Bow Wave Capital Management, Insight Partners.
Provider of financial services, e-wallets, technology, and business solutions. It supports businesses and individuals with digital financial tools. The company offers solutions for lending, finance, and business management. It aims to provide accessible and equitable financial services.
Key facts about Mynt
- Founded Year: 2015
- Location: Philippines
- Stage: Series B
- Primary Sector: Payments and Alternative Lending
- Time to Unicorn: 6 years 10 months
- Top investors : Ayala, Warburg Pincus
- Valuation: $*****
- Total Funding till date: $475M
- Employee Count: 501 - 1,000 as on Jul 16, 2025
- Latest Funding Round: Series B, Oct 23, 2024, $*****
1. GCash
GCash joined the Unicorn Club on Jan 08, 2021 after raising a $***** Series D funding round led by Bow Wave Capital Management, valuing it at $*****.
Provider of a platform for financial transactions and related services. The platform facilitates sending and receiving money, bill payments, and online shopping. It also provides access to services such as loans, investments, and insurance. The platform aims to offer users a range of options for managing their finances.
Key facts about GCash
- Founded Year: 2015
- Location: Taguig (Philippines)
- Stage: Series D
- Primary Sector: Payments
- Time to Unicorn: 6 years
- Top investors : Warburg Pincus, Bow Wave Capital Management
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Valuation: $*****
- Total Funding till date: $175M
- Employee Count: 4,414 as on Aug 31, 2026
- Latest Funding Round: Series D, Jan 08, 2021, $*****
