13 Feb '13, 12am

Zap's ambitious plan to transform retail rewards in the #Philippines

Zap's ambitious plan to transform retail rewards in the #Philippines

Zap’s ambitious plan to transform retail rewards in the Philippines February 13, 2013 by Terence LEE Zap wants to change the Philippines' retail landscape using NFC tags. The Philippines is ripe for disruption. With its economy soaring, consumer spend rising, and investment money flowing in, the nation’s tech startups are put in position to shape a new normal across industries and sectors. Leading the charge is a posse of young entrepreneurs, defined not just by geography, but by the fact that they’ve received a lease of life from Kickstart Ventures , a PHP100M (USD2.45M) early stage fund that began setting its wheels in motion last year. With 10 investments so far , Kickstart has become one of the most important catalysts for the country’s startup aspirations. One of its investees is Zap , a company that, while shy to reveal its exact investment sum, gladly laid out its p...

Full article: http://sgentrepreneurs.com/2013/02/13/zaps-ambitious-plan...

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