June 2025 Newsletter


1 July 2025


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J U N E   2 0 2 5
S P O T L I G H T S
Gobi-Core, Gorriceta Africa Cauton & Saavedra, the Blockchain Council of the Philippines, and Tether released a comprehensive overview of the country’s blockchain landscape. The 2025 Philippine Blockchain Report charts the sector’s evolution beyond crypto and gaming into tokenised finance, regulatory technology, and digital infrastructure. It identifies key challenges, including funding gaps, limited institutional readiness, and low public awareness. The report features ecosystem maps, regulatory analysis, and stakeholder data to guide investors and builders as they navigate the next phase of growth.
Download the Full Report
The firm’s new presence in South Korea strengthens its cross-border platform amid rising demand for ASEAN–Korea connectivity. Gobi Korea will facilitate deal flow, joint ventures, and market expansion for startups navigating both regions, with a focus on high-growth sectors such as Artificial Intelligence (AI) and FinTech. Led by Managing Partner Dan Chong, the office reflects Gobi’s long-term strategy to provide value beyond capital and support lifecycle investing in a more disciplined, efficiency-driven venture landscape.
Pablo Morales Navarrete, CEO of Atom Semiconductor Technologies, was recognised under the Consumer & Enterprise Technology category for leading the development of next-gen sensor chips used in warehousing, medical electronics, and smart homes. In the Healthcare & Science category, HD Co-founder Jethtavuth Sartproong was acknowledged for expanding access to affordable healthcare and elective surgery across Southeast Asia through HDcare and HDmall. Both startups reflect Gobi’s ongoing thesis around intelligence, inclusion, and innovation in emerging markets.
Fintech News Malaysia has opened voting for the 2025 edition of the Fintech Frontiers 50, spotlighting leaders driving innovation in financial technology across Asia. Several founders from Gobi’s portfolio companies were nominated, including representatives from Airwallex, DCAP Digital, FINNOMENA Group, Funding Societies, RinggitPlus (Jirnexu), Paywatch, PolicyStreet, and Vircle. Voting closes on 25th July.

Vote now and show your support for these founders driving financial inclusion and innovation across the region. 
Cast your vote at Fintech News Malaysia
The partnership between DCAP Digital and Hong Leong Bank (HLB) focuses on improving credit access for underserved SMEs in Malaysia’s mobility sector. By integrating DCAP’s AI-driven credit scoring engine with HLB’s financing infrastructure, the collaboration aims to streamline loan approvals, enhance credit profiling, and expand reach among motorcycle dealers. With over 61,000 new motorcycles registered in May 2025 alone, the initiative addresses rising demand with tailored solutions, while also supporting dealers onboarding through joint training, marketing, and financial tools under HLB’s Dealer Hire Purchase Programme.
The Hong Kong-based insurer has launched digital insurance solutions in the Gulf, targeting risks linked to mining operations and smart contract wallets. Backed by Dubai Insurance and Walaa Cooperative Insurance, the firm now insures 20 of Dubai’s 34 licensed digital asset companies and has reported no claims to date. With regional profitability achieved and further expansion planned into Qatar, Bahrain, and Oman, OneDegree is positioning the Middle East as a springboard for pan-regional growth into Europe and Africa.
M U S T - R E A D S
Gobi Partners Head of Environmental, Social, and Governance (ESG), and Gobi-Core Philippine Fund Partner, Carlo Chen-Delantar, noted the firm’s evolving investment thesis to back founders operating at the intersection of intelligence, impact, and inclusion. As one of the early venture capitalists in Asia to embed ESG principles into its investment approach, Gobi continues to support cross-border ecosystems that scale climate- and impact-driven solutions.
Access the Full Article on World Economic Forum
R E C E N T   E V E N T S
Gobi Signs Strategic Partnership with HKUST’s Redbird Innovation Fund
At Hong Kong University of Science and Technology (HKUST)'s Unicorn Day 2025, Gobi Partners GBA signed a Memorandum of Understanding (MOU) with the Redbird Innovation Fund to support the commercialisation of DeepTech within the university ecosystem. The partnership aims to provide patient capital and resources to accelerate startup growth emerging from HKUST. Managing Director Fred Li signed the MOU on behalf of Gobi, with Managing Partner Chibo Tang serving as witness. The agreement marks a new chapter in Gobi’s commitment to university innovation and early-stage tech in Hong Kong.
Tech in Asia Amped 2025 Kuala Lumpur Fireside Chat: Resilience to Scale – Xendit’s Decade of Growth in SEA
At Tech in Asia Amped Kuala Lumpur, Gobi Partners ASEAN Managing Director, Hisham Ibrahim, led a fireside chat with Moses Lo, Co-founder and Group CEO of Xendit, on scaling across Southeast Asia’s FinTech ecosystem. Moses reflected on Xendit’s early pivots, its journey to product–market fit, and sustaining over 30% month-on-month growth while weathering multiple near-death moments. The conversation offered rare insights into the realities of building resilience, forming strategic partnerships, and navigating regulatory shifts on the path to becoming one of Southeast Asia’s newest unicorns.