JLL Philippines Sees Significant Opportunities for PropTech Companies with US100 million JLL Spark Investment

Manila, 29 June 2018 - JLL Spark, a division of real estate professional services and investment management firm JLL, recently announced the creation of JLL Spark Global Venture Fund, which plans to invest up to US$100 million in companies focused on leveraging technology to improve everything from real estate development and management to leasing and investing, while enhancing the experience of those who occupy it.

“Asia Pacific is home to the world’s leading smart cities, many of which are powered by tech-enabled real estate tools. JLL is committed to cultivating next-generation proptech start-ups and promoting Asia Pacific as a hub of technology innovation for real estate, and JLL Spark Global Venture Fund is an extension of that goal,” says Mihir Shah, Co-CEO at JLL Spark. He adds: “The fund gives us the unparalleled opportunity to partner with local and global entrepreneurs who can utilise the resources of JLL’s business lines to rapidly grow their companies while creating value for JLL’s clients.”

For his part, Christian Ulbrich, JLL’s Global CEO says: “Creating this US$100 million venture fund through JLL Spark allows us to continue to lead the real estate industry in bringing the best proptech ideas to reality. It complements and expands our substantial ongoing investments in innovative, cutting-edge digital solutions, which is a core part of our Beyond strategic vision and commitment to achieve ambitions for our clients”.

While JLL Spark will direct its efforts to technology startups with products that can help JLL investor and occupier clients, the fund is also interested in companies that are inventing new technology-enabled business models in traditional JLL service areas or those that will help expand its services to new client segments.

JLL Philippines’ Head of Research and Consulting Janlo de los Reyes expressed optimism that the new fund will boost the viability of proptech start-ups in the country. He says: “JLL Spark provides us with the opportunity to transform the Philippine real estate landscape through the introduction of the latest technology and innovation developed by both Filipino and global proptech enterprises.”

According to a recent report by JLL and Tech in Asia, proptech start-ups in Asia Pacific are outpacing their counterparts in Europe and the United States with 179 of them raising around US$4.8 billion in funding between 2013 and mid-2017 – over 60 per cent of the global total. It forecasts that funding for proptech start-ups in this region will reach US$4.5 billion a year by 2020.

To learn more about JLL Spark, please visit https://spark.jll.com.

Venture into the Quantum Realm with a Piip of a button

Much has been said about Marvel’s Avengers: Infinity War after it ended. People have been speculating, even formulating their own theories about the fate of their favorite superhero. And then there are those who are left thinking, where were the others like the infamous Hawkeye, Thor’s Valkyrie, Black Panther’s Nakiya, even the Ant-Man and the Wasp? Even Captain Marvel had her share of the silver screen through her insignia at the end.

Where could they have been during all those fights? Could Ant-Man and the Wasp be in the Quantum Realm? With Piip’s latest marvelous promo, Piipsters have an opportunity to see what Scott Lang and Hope van Dyne are up to for as low as Php 150.00 during the first screening day of the Ant-Man and the Wasp on July 4, 2018, 7:30PM, at the Gateway Cineplex, Gateway Mall, Araneta Center.

Download the app now to Piip It! Limited slots available, reserve yours now!

Adding to the long list of food and merchandise that is available in the mobile app, Piip adds this exclusive deal for its Piipsters. Below are the mechanics to join this promo:

MECHANICS:

1. Download Piip on Google Play Store or iOS Store, install and complete your profile details.

2. Locate the Ant-Man and Wasp Promo on Piip's Billboard.

3. Tap on the 'Piip It!' button to chat with our representative and reserve your tickets.

4. Come in green and get a chance to win a prize from Piip!

TO QUALIFY:

1. The Piip mobile app must be installed upon claiming of the tickets and during the block screening event.

2. Share the block screening event post on your social media (Facebook, Twitter or Instagram) with the hashtags: #PiipIt #PiipPH #PiipAntManWasp.

TO CLAIM YOUR RESERVED TICKETS:

1. Reserved tickets can be claimed starting June 30 to July 4 from 11:00AM to 8:00PM at the Piip booth located near the Gateway Cineplex area, 4th level Gateway Mall, Araneta Center.

2. Please bring a valid ID and the mobile phone used to reserve the tickets for verification purposes.

PROMO RULES:

1. One (1) Piip App user or download is only allowed to have 1 ticket. (i.e. 2 phones with Piip = 2 tickets)

2. Promo participants are required to have Piip app installed during event as part of the entry verification process and the pre-event games.

Piip is the FIRST mobile app created to help businesses promote products and services effortlessly and help Piipsters receive the latest updates without unwanted ads. Piip integrates instant messaging and business promotion, providing our end users a seamless, safe and easy way to get in touch with the shops they frequently visit, receive promotions from the merchants they love, and discover new ones based on their current location (geotargeting) and their likings. You can stay in touch with your friends and at the same time have an opportunity to discover merchants and their promotions based on your location.

To know more about Piip’s latest promo, visit:http://024digital.com/clients/piip/antmanwasp/.

Oradian Impacts Global Markets with Cloud Technology for Rural Banks

The true measure of how companies make an enduring dent in society is through the way their services change and impact the markets they serve. And Oradian, which has introduced cloud technology to financial institutions, has become an essential tool for rural banks whose market is composed mainly of small farmers, fisher folks and small entrepreneurs.

Founded in Zagreb, Croatia, Oradian is composed of a team of Fintech experts from a unique combination of industries: microfinance, financial inclusion, and technology. With the mixed use of their experience and know-how, Oradian’s presence now spans seven countries with a concentration in the Philippines, Nigeria, Ghana and Croatia.

Hinged on a strong base of investors which already includes Playfair Capital, Day One Capital, CRE Venture Capital, Finance in Motion and Credo Ventures, Oradian was able to attract two more investors into its fold: Middleton Enterprises which focuses on economic development in the UK; and, Goodwell Investments which focuses on financial inclusion, Fintech and inclusive growth. On the strength of these resources, Oradian immediately began to expand to other markets to reach its mission of enabling financial institutions to grow and serve more clients. 

In June 2017, Oradian entered the Philippines and became the first cloud-based banking platform approved by the Bangko Sentral ng Pilipinas for rural banks’ core banking operations. Not long after, Oradian forged a partnership with the Asian Development Bank and Cantilan Bank to boost financial inclusion in vulnerable communities. Since then, Oradian has built a community of over 30 institutions apart from Cantilan Bank, and now includes 1st Valley Bank and Peoples Bank of Caraga. 

Simultaneous to the expansion, Oradian was able to secure international awards for the work they have churned out. At the European FinTech Award 2017, Oradian won as Most Innovative Banking Software. It was also honored as Best Microfinance Enabler Platform and Microfinance Empowerment at Cashless Africa 2017.

With a growing funding base and worldwide accolade , Oradian is well on its way to becoming the clear default of financial institutions in need of a reliable and secure cloud-based banking tool meant to better the lives of the communities they serve.