PHILIPPINE mezzanine investor ARQCapital Partners (ARQ) announced that it is pushing "smart capital" investments in the private and financial technology lending space by raising P1.5 billion to fund as many as 50 medium enterprises (MEs) with high growth over the next two years.
"There are a few 'smart capital' investors in the Philippines today and this space has yet to be institutionalized," ARQ founding partner and Chief Executive Officer Edmund Solilapsi said in a media launch.
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