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Latest Fintech Philippines News
Stay updated with the latest stories in Fintech PhilippinesBillEase Credit Facility Grows to US$40M with New Saison International Investment
Buy now, pay later (BNPL) BillEase has received a US$5 million capital injection from Saison Investment Management Private Limited (SIMPL),
Read MoreGoTyme On Track to Double User Base, Targets 10 Million Users in Four Years
GoTyme Bank Corp, backed by the Gokongwei group, is on track to surpass its initial five-year goal. by achieving a
Read MoreRCBC, Digital Wallet Corp. to Streamline Philippines-Japan Cross-Border Payments
In a move to streamline digital transactions between the Philippines and Japan, Rizal Commercial Banking Corporation (RCBC) has entered into
Read MoreMaya Bank Extends P2.75 Billion Loan Capital to Tala for Public Micro Lending
Tala Financing Philippines Inc. has formed a partnership with Maya Bank Inc. to enhance its micro-loans programme. Under this agreement,
Read MorePomelo Secures Major Series A Funding to Grow Credit-Based Remittance Services
Consumer credit-based cross border payments provider, Pomelo has recently announced a significant increase in funding, securing a Series A investment
Read MorePhilippines Digital Banks Attracted US$700 Million So Far as Investors Interest Peaks
In a promising development for the standalone digital banks in the Philippines, more than US$700 million has been invested by
Read MoreSEC Enlists Apple and Google to Ban Binance Apps in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has taken the unusual step of reaching out to tech giants
Read MoreNetbank Taps Intel-Soln. Philippines to Digitally Enhance Rural Financial Services
Netbank (A Rural Bank) Inc., a provider of financial services in rural regions, has announced a strategic partnership with Intel-Soln.
Read MoreGoTyme, TymeBank Group to Expand to Vietnam and Indonesia This Year
TymeBank is gearing up to extend its footprint further into Southeast Asia with planned launches in Vietnam and Indonesia, following
Read MoreUnionBank Investment Management and Trust Corp. Diversifies into Retail Sector
UnionBank Investment Management and Trust Corporation (UBIMTC), the standalone trust corporation of Union Bank of the Philippines, Inc., is set
Read MoreBSP Cancels Nikko Mart Registration Amid Oversight on Money Service Businesses
The Bangko Sentral ng Pilipinas (BSP) has recently revoked the registration of Nikko Mart, a money changer and foreign exchange
Read MoreGoTyme 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
Read MoreSecurity 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
Read MoreSEC 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
Read MoreUnionDigital 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
Read MoreGCash 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
Read MoreRCBC 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
Read MoreBNPL 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
Read MoreSalmon 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
Read MoreNearly 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
Read MoreSinglife 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
Read MorePDAX 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
Read MorePayPal 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
Read MoreLandbank 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
Read MoreStables 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
Read MoreUBX 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
Read MorePhilippines’ 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
Read MoreYGG 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
Read MoreBSP 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
Read MoreBPI 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
Read MorePopular 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,
Read MoreTop 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
Read MoreTop 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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