As an archipelago of more than 7,000 islands, the Philippines is known for its stunning natural scenery and rich cultural diversity. Home to more than 100 million people, the Philippine economy is largely supported by its thriving manufacturing and agribusiness industries. Additionally, much of the country’s industrial sector is based on manufacturing, processing and assembly operations for electronics and various high-tech components.
With no shortage of homegrown companies, the Philippine tech industry has seen notable growth in recent years, particularly in the fintech and e-commerce sectors. Its services sector has also expanded as companies seek to outsource their business processes or engage in wholesale and retail trade. The country’s business ecosystem also works to sustain itself. Many local entrepreneurs and larger companies often mentor, invest in and support growing startups.
The Philippines have a highly dynamic economy, particularly among other regions in East Asia and the Pacific. Its sizable and relatively young population supports a thriving labor market with rising incomes, and the country’s increasing urbanization has led to growing consumer demand for modern solutions. Read on to learn about some of the companies shaping the growing Philippine economy.
Top Companies in the Philippines
- Yext
- Eucalyptus
- Sprout Solutions
- Lamudi
- ThinkWell
- Gcore
- Thumbtack
Companies in the Philippines to Know
SAVii is a financial wellness solution focused on employees. The platform equips HR team leads with wellness services linked to an employee’s salary, enabling them to provide personalized professional services to team members. These services include loans, advances, mental health support, financial education and free insurance. SAVii serves customers across the Philippines and Asia.
Advanced Energy Industries designs and manufactures power solutions for mission-critical applications and processes. The company’s solutions have applications in semiconductor equipment, industrial production, medicine and life sciences, data center computing, networking and telecommunications. It also offers various equipment services including repair, calibration, retrofitting and refurbishments.
Anytime Mailbox allows postal mail recipients to view and manage their mail digitally from their mobile phones. The company serves individuals and mail center operators with its cloud-based solution that enables users to open and scan mail to view it as a PDF document, forward mail and packages to any location, as well as recycle and shred mail.
Kronos Research is a quantitative trading firm providing various crypto and financial services for institutions and investors. Its offerings include designated market making, token market making, project token advisory and asset management. Kronos considers itself a bridge between modern traditional finance and the decentralized finance of the future.
Tagit offers digital banking products for retail and corporate banking, alongside digital onboarding solutions. Its product suite allows mid-tier, traditional and challenger banks to deploy digital banking capabilities faster and provide their customers with high-end functionality. Its Mobeix digital banking platform is modular, allowing financial institutions to scale as needed alongside their growing digital user base.
Gcore provides infrastructure and low-latency services to outfit enterprises with edge and cloud-based technology. The company’s technology expedites AI training, supplies comprehensive cloud services, helps improve content delivery and protects servers and applications. Gcore aims to be the foundation for enterprise applications, infrastructure and business.
MTR Corporation is a sustainability-focused rail transportation company serving Hong Kong, Mainland China and various overseas locations. The company also manages communities through an integrated network of rail, commercial and property development projects. MTR offers numerous retail shops at all of its stations featuring items ranging from food and drinks to cosmetics and fashion. The company incorporates technological advancements and robotics solutions into its stations and shopping malls.
Hive Health is a digital health company serving the Philippines, providing small- to medium-size enterprise businesses with customized HMO plans. Enabling companies to offer benefits including mental health services, dental coverage, physical exams and more for employees and their families, Hive Health’s plans span a network of more than 1,700 hospitals, health clinics and dental offices, as well as over 60,000 providers.
Thumbtack is an online platform connecting homeowners to home improvement professionals for projects of various sizes and types, from maintenance and repairs to remodeling and painting. The company offers personalized guidance on how and when to complete a project, and advises homeowners on who to hire from its network of more than 300,000 service businesses.
Secret 6 is a video game studio that works with clients to provide co-development services and AAA artwork for games on console, PC, mobile and virtual reality platforms. Secret 6 also provides quality assurance services alongside 3D-art production, visual effects and animation. The company has studios in Manila and Madrid, Spain.
Sprout Solutions is a SaaS provider offering HR, fintech and business solutions equipped with artificial intelligence capabilities. The Manila-based company was founded in 2015 to improve the Philippine business scene. Sprout Solutions serves industries including business process outsourcing, manufacturing, financial services, healthcare and construction with tools for payroll management, HR analytics and more.
Kasama is an offshore software development service provider with a focus on commerce and marketing technology. The company specializes in working with Salesforce Commerce Cloud, Salesforce Order Management, Salesforce Marketing Cloud and Shopify. Kasama provides staff augmentation with its own Salesforce admins, architects and more; collaborates with clients on a project-by-project basis; and offers expert consulting services.
Ylopo offers AI-powered digital marketing solutions to real estate companies and brokerages, working to help them grow their business and build their brands. The company provides solutions for home search, including a website that gathers data on buyer search behavior, data-driven lead generation, lead nurture and more.
Mayani is an agriculture tech platform working to empower smallholder Philippine farmers and fisheries with sustainable access to market, inputs and credit. The company partners with supermarket chains, food brands, hotels and food processors to help local producers access new opportunities. Mayani aims to build a sustainable future and provide fresh, high-quality products to growing communities.
Yext equips brands with an AI- and machine learning-powered platform that helps them deliver engaging and meaningful customer experiences across various digital channels. Its solution helps businesses manage their information listings across the web, optimize their local web pages for search, implement AI chatbot capabilities and more. Yext has helped multi-location brands in sectors like financial services, healthcare and retail differentiate their digital presences. The company hires for a variety of roles in Manila.
QuadX is an e-commerce software provider offering tools for digital logistics, courier services, payment processing and more. Its goal is to help online merchants grow their businesses online. Its products include GOGO Xpress, an e-commerce platform designed for social and casual sellers, and Shipping Cart for cross-border warehousing, shipping and consolidation.
TechnologyAdvice works to help B2B tech buyers mitigate risk and navigate complexities throughout the buying process. The information platform works to build connections between buyers and sellers, providing expert reviews from those who use various HR, payroll, customer relationship management, sales, project management and business intelligence software platforms.
Lamudi is a real estate platform that allows sellers, buyers and renters to find and list properties online. The company connects developers, agents and private owners with individuals seeking out houses, condos or commercial properties. Lamudi features over 160,000 listings and offers timely information about the real estate market on its platform.
Eucalyptus is a telehealth platform operating various digital clinics specializing in different areas, including women’s reproductive care, weight management, skincare and men’s health. The company serves Australia, the U.K., Japan and Germany with the goal of eliminating systemic problems in the healthcare industry, such as long wait times, high out-of-pocket costs and limited access.
ThinkWell provides financing to healthcare businesses in developing countries. The company believes people in countries like Mozambique and Nepal should be able to access quality healthcare just like those in Northern Europe. As a health systems development organization, ThinkWell focuses on governance, human resources for health, the private sector, public financial management as well as research and evaluation.
