Talino Venture Studios lands US$5M to bridge financial inclusion in emerging markets

Sustainable development firm Chemonics International has announced a US$5 million investment into Philippine venture builder Talino Venture Studios.

The core mission of this strategic partnership is to harness their combined expertise to tackle the challenges of financial inclusion in emerging economies. The partnership will focus on fintech solutions, including one to expand financial inclusion among the 50 million unbanked citizens of the Philippines, as well as in other low-income economies.

Also Read: Talino Venture Labs banks US$1.25M to grow its inclusive fintech venture studio

“We’re devoted to closing the financial inclusion gap for the underserved individuals and communities in emerging nations worldwide,” Talino Venture Studios CEO Winston Damarillo said.

Talino Venture Studios is a global venture studio for inclusive fintech. Born in the intersection of Silicon Valley and Southeast Asia, it aims to bridge financial inclusion for over 1.7 billion people worldwide. It uses the venture studio model to build repeatable, scalable, and profitable fintech firms that empower underserved, underrepresented groups with financial access and mobility.

Also Read: Philippine insurtech startup Saphron raises US$1M from Sage Venture, Talino Labs

Founded in 1975, Chemonics is a global sustainable development consulting firm with over 6,000 experts in more than 100 countries. With deep experience in applying new technology, including digital payments, in some of the most remote and under-developed areas in the world, Chemonics has used drone technology to deliver and pick up medical lab samples in hard-to-reach areas of Malawi and has developed a technology-based forest and biodiversity conservation system in the Philippines.

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