Fintech News Philippines
Latest Fintech Philippines News
Stay updated with the latest stories in Fintech Philippines
GoTyme Counters Claims of Substantial Losses, Cites Growth and Adoption Metrics
In response to a report published by an online news portal claiming GoTyme Bank faced considerable losses in 2023, the
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Security Bank Predicts Profit Growth; 4 New Banking Apps to Launch in 2024
Security Bank Corp. is poised for an uplift in profitability in the coming year, buoyed by robust growth in its
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SEC Flags eToro as Unauthorised for Investment Offerings in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has issued a warning to the public regarding eToro, an online
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UnionDigital Bank to Grow Loan Portfolio to ₱40 Billion, Introduce Virtual Cards
UnionDigital Bank, Inc., the digital banking division of Union Bank of the Philippines, aims to elevate its loan portfolio to
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GCash Lending Unit Fuse Reaches Landmark P118 Billion Loan Disbursements
Fuse Lending, Inc., the lending division of GCash, has just reached a sizable milestone by disbursing loans exceeding P118 billion
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RCBC ATM Go Expands Access with QR-based Cardless Cash Withdrawals
The Rizal Commercial Banking Corporation (RCBC) has recently launched a QR-based cardless withdrawal facility as part of its RCBC ATM
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BNPL BillEase Reports Double Revenue, Loan Disbursement Growth in 2023
BillEase, a consumer finance and buy now, pay later application operating in the Philippines, has released its preliminary unaudited financial
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Salmon Group and AllBank Unite to Broaden QR Payments Reach in the Philippines
The Salmon Group has partnered with AllBank (A Thrift Bank), Inc. to introduce a QR Ph-enabled payment system aimed at
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Nearly a Quarter of All VC Funding in the Philippines Goes to Fintech
In 2023, the Philippines showcased its resilience despite macroeconomic headwinds that challenged the international venture capital (VC) scene. New data
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Singlife Philippines Secures US$10.65 Million Funding to Push Digital Insurance
Singlife Philippines has recently enhanced its financial reserves through a P600 million (approximately funding from its principal backer, Singapore Life
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PDAX Steels Itself for Impact of Bitcoin Halving on Cryptocurrency Landscape
In a recent address at the “What’s Halvening? Token Tales and Toasts” gathering in Rockwell, Makati City, PDAX CEO Nichel
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PayPal and GCash Forge Ties to Streamline Payments for Filipino Freelancers
Super app GCash has announced an enhancement of its partnership with the global online payment giant PayPal. This collaboration is
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Landbank Looks to Boost Digital Services to Streamline Customer Experience
State-operated Land Bank of the Philippines (Landbank) is setting its sights on minimising traditional over-the-counter transactions by encouraging its customers
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Stables to Facilitate Remittances Between Australia and The Philippines
Stables, an Australian firm specialising in digital wallet and payment solutions, has announced the introduction of international remittance services, catering
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UBX Introducing Philippine Peso Stablecoin on Polygon to Enhance Remittances
UBX, the digital subsidiary of the Aboitiz Group, has disclosed its plans to launch a stablecoin pegged to the Philippine
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Philippines’ SEC Moves to Block Binance Amid Licensing Concerns
In a significant development, the Philippines’ Securities and Exchange Commission (SEC) has escalated its actions against the unlicensed operations of
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YGG Partners with Coins.ph for Efficient Token Transfers to Ronin
In an effort to streamline and economise the transfer of its tokens to the Ronin blockchain network, Yield Guild Games
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BSP Introduces Payment Manual To Sets Standards for System Participants
In an effort to consolidate and clarify the regulatory framework of the Philippines’ National Payment System (NPS), the Bangko Sentral
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BPI to Sell Entire Stake in GoTyme Bank Following Strategic Review
The Bank of the Philippine Islands (BPI) has decided to divest from digital bank GoTyme, selling its entire stake acquired
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Redefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations
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RCBC Announces Nationwide Expansion of ATM Go Network
Rizal Commercial Banking Corporation (RCBC) has announced a significant expansion of its RCBC ATM Go network, reportedly establishing it as
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Overseas Filipinos in 16 Countries Can Now Access GCash App Without Local SIMs
GCash, the leading mobile wallet in the Philippines has made its app available to overseas Filipinos in 16 countries across
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Fintech Alliance.PH and BSP Deepen Commitment to Philippines Digital Finance
The Fintech Alliance.PH, the Philippines’ fintech organisation, engaged with the Bangko Sentral ng Pilipinas (BSP), signalling a strengthened partnership to
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Neobank Zed Unveils “No-Fee” Credit Card in the Philippines
Zed, a credit-led neobank, has introduced what is described as the country’s first credit card that will do away with
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“Big Bang” Bank Upgrades Spell Trouble, Mambu Makes Case for Incremental Change
Core banking systems serve as the backbone of financial operations and customer interactions for banks worldwide. They facilitate critical transactions
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Saripay Provided Credit Access to 70,000 Stores in 1st Year of Operations
Saripay, the financial wing of Growsari Enterprises, has commemorated its first year since launching in 2023, a period during which
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eTap to Broaden Payment Network, Plans to Deploy 2,000 Additional Kiosks
Electronic Transfer & Advance Processing, Inc. (eTap), a principal operator of payment kiosks, has disclosed intentions to significantly extend its
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Metropolitan Bank Taps Temenos to Innovate its Wealth Management Services
Metropolitan Bank & Trust Co. (Metrobank), one of the Philippines’ major banks, has initiated a partnership with Temenos and Collaboration
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Breaking Down Digital Banking Products in the Philippines
Digital banking has swiftly expanded across Asia, notably achieving reasonable success in nations such as South Korea, China, and Japan.
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6 Banks Revealed in Project Agila CBDC Pilot Concluding by End-2024
In a recent press briefing, Deputy Governor Mamerto Tangonan disclosed that the Bangko Sentral ng Pilipinas (BSP) is poised to
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Popular Posts
Fintech Philippines Report 2022 Highlights the Rise of Crypto and Advent of Digibanks
In the Philippines, the fintech sector is developing at a rapid pace, fueled by booming digitalization, a favorable regulatory landscape,
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Top 5 Most Well-Funded Fintech Companies in the Philippines
In 2021, the Philippines’ fintech sector gained significant traction amid rapid adoption of digital financial services. This was supported by
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Top Fintech Influencers in The Philippines
Esquire magazine has released its selection of the top fintech influencers in the Philippines, recognizing the men and women shaking
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