Dragonpay Corp., the country’s pioneer and market leader in alternative payment solutions, is celebrating its 9th year in the business with an award, new business, and partnerships. Started in 2010, Robertson “Dick” Chiang founded Dragonpay Corp. with the vision of creating an alternative payment system for online purchases in lieu of traditional payment platforms like credit cards.

Now, consumers who chose to transact via Dragonpay will just have to go to a convenience store or to a bills payment center to complete the process. As proof of its success, Dragonpay was awarded by the Department of Science and Technology (DoST) and the National Academy of Science and Technology (NAST PHL) as one of the recipients of the prestigious 2019 Outstanding Technology Commercialization Award also known as Gregorio Zara Medal for its successful commercialization. Dragonpay was also recognized by the DoST and NAST PHL as a valuable technology and relevant in reaching untapped markets to engage in the e-commerce revolution that is still rapidly evolving in the Philippines. In line with its 9th anniversary celebration, Dragonpay launched its latest innovation, the SureTayo App.

Gushcloud secures $11 million from investors

In photo, Gushcloud International president of the Group, Russell Simmons; group chief executive officer, Althea Lim and chairman of the board, Vincent Ha. Gushcloud International, a global talent agency group focused on marketing and entertainment, has raised $11 million in latest series led by GDP Ventures. Other investors were financial giants, KB Investments (KB Financial Holdings), Golden Equator Capital and Korea Investment Partners (via GEC-KIP Fund), Kejora Ventures, and individual investors including Russell Simmons of Rush Communications. Its leadership team with co-founders Althea Lim and Vincent Ha has been promoted to Group CEO. The group announced that American entrepreneur and hip-hop mogul Russell Simmons will be taking on the role of Group President tasked to build an international roster of digital talents for export into Asia.