PANews reported on May 22 that, according to WEBWIRE, fintech company Jia has completed a $3 million seed funding round, with investors including Coinbase Ventures, Stellar Development Foundation, and A100x. TCG and Hashed Emergent also participated in the round, bringing the total funding to $7.3 million. The new funds will be used to expand its comprehensive financial platform to over 1 million SMEs in the Philippines.

Jia provides Philippine SMEs with an integrated financial operating system encompassing working capital, corporate banking, and cash flow instruments. Through its proprietary AI credit model Ossicone, trained on Southeast Asian SME data, businesses can convert unpaid invoices into cash within 24 hours, without collateral or weeks of approval.