Millennial bilyonaryo Kevin Wong is going all in on the fintech market.
Wong’s Oriental Group Asset Management recently bought a controlling interest in The Orange Company of fintechpreneur Rafael “Joel” Consing Jr.
The Orange Company is the owner and developer of fintech + lifestyle community app, The Orange Platform (TOP).
Consing, a senior vice president and chief financial officer of International Container Terminal Services Inc., said the proceeds of the share sale would fully fund TOP’s ongoing rollout in Manila and selected provinces.
The entry of the Oriental Group is expected to beef up TOP’s competitive market positioning. “We are excited by Kevin’s entry and the value he will bring to the group,” said Consing.