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Latest Fintech Philippines News

Stay updated with the latest stories in Fintech Philippines

PLDT Chief Manuel V. Pangilinan Says Maya IPO Not Likely Before 2026

Digital bank and e-wallet platform Maya is unlikely to undertake an initial public offering (IPO) in the next two years,

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UBX and MediCard Collaboration Brings Flexible Payment Solutions to PH Healthcare

UBX has formed a strategic partnership with MediCard Philippines Inc., a prominent health maintenance organisation (HMO), to enhance health access

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US$ 3M Fresh Funding Enriches BayaniPay Global Payment Services Expansion

BayaniPay, a global payments process automation company, has secured fresh capital of US$3 million to expand the scope and territory

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Optimising Cross-Border Payments Amid FX Volatility in APAC

Foreign Exchange (FX) is the global practice of trading one currency with another, with trillions of dollars changing hands daily,

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Landbank Sees Nearly Double Mobile Banking App Usage, Reaches P89 Billion

The value of transactions in the Land Bank of the Philippines’ (Landbank) mobile app surged over 40% to P89 billion

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Fintech Drives Financial Institutions to Rethink Outsourcing Strategies

In this era of technological innovation, companies are increasingly entrusting critical services to external partners. From handling operations to managing

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YC-Backed Elevate Raises US$5M to Streamline Filipino Freelancers’ Payments

Elevate, a fintech startup backed by Y Combinator and based in London and Dubai, has raised US$5 million in funding

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Security Bank Makes Retail Banking Products Available on Lazada Philippines

Security Bank Corporation, a universal bank in the Philippines, has partnered with the e-commerce platform Lazada Philippines to offer its

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New LANDBANK GoBayani Account Aims to Serve Overseas Filipinos

Land Bank of the Philippines (LANDBANK) has introduced the GoBayani savings account, a new digital deposit account for overseas Filipinos.

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GoTyme and CICC Sign MoU to Strengthen Digital Security Measures

GoTyme Bank, a joint venture between the Gokongwei group of companies and the multi-country digital banking group Tyme, and the

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Igloo Launches Affordable Phone Protection Plans for 55 Million Smart Subscribers

Igloo, a regional insurtech company, together with the Philippines’ largest mobile network, Smart, has introduced phone protection plans for Smart’s

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Malaysia’s Senang.io Unveils GoodProtect, Loan Insurance for Rural Filipino Banks

Senangdali, a subsidiary of the Malaysian insuretech firm Senang.io, has launched a new loan protection insurance product, GoodProtect, tailored for

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RCBC and TrueMoney Partner to Expand Loan Access for Filipino Entrepreneurs

Rizal Commercial Banking Corporation (RCBC) and Southeast Asian fintech solutions provider TrueMoney have entered into a digital collaboration, aiming to

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Mastercard Philippines Partners Boost Capital to Digitise Over 10,000 SMEs

Mastercard Philippines has teamed up with technology provider Boost Capital to enhance the growth of over 10,000 small businesses by

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Globe Launches New AI Development Group and Appoints Chief AI Officer

Telecommunications and digital services company Globe Telecom Inc., the parent company of leading Philippines e-wallet GCash, announced on Wednesday the

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RCBC Leverages Starlink to Provide Digital ATM Go Access in Rural Areas

Rizal Commercial Banking Corporation (RCBC) has announced that one-quarter of its network of over 6,000 RCBC ATM Go agents relies

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Tonik Integrates Generative AI with ChatGPT for Enhanced Customer Interaction

Tonik claims to have become the first digital bank in the Philippines to integrate generative AI featuring ChatGPT into its

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Coins.ph Wants to List Peso-Pegged PHPC Stablecoin with International Exchanges

Coins.ph is set to introduce its peso-pegged stablecoin, PHPC, on international exchanges following its upcoming launch next month. CEO Wei

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RCBC Pulz App Achieves 35% Unsecured Digital Lending Volume Milestone

Rizal Commercial Banking Corporation (RCBC) has reported a significant development with its digital finance platform, RCBC Pulz, which now manages

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Globe Explores Dual Philippines-US Listing for GCash Amidst 2025 IPO Plans

Globe CEO Ernest Cu has announced previously that the company might list GCash “sometime in 2025”. While Globe CEO Ernest

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How OpenWay’s Way4 Enabled the First CBDC Card Transaction in Eurasia

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile

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Philippines’ First Crowdfunding Platform, Investree PH, to Cease Operations by 2025

Filinvest Development Corp. (FDC) has announced that its subsidiary, f(dev) Digital Innovations and Ventures Inc., in collaboration with Investree Singapore

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Maya and Landers Launch Joint Credit Card with Members-Only Rewards

Digital bank Maya Bank has announced its latest credit card collaboration with Landers, a membership-based supermarket chain in the Philippines.

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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the “2024 State

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Peso RTGS Participants Mandated to Submit Compliance Reports by BSP

The Bangko Sentral ng Pilipinas (BSP) has mandated all participants in its peso real-time gross settlement (RTGS) payment system to

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discovermarket Enters Philippines Market to Launch Cyber Insurance with Globe

Global insurtech company discovermarket has entered the Philippines market, introducing its new embedded personal cyber insurance product in collaboration with

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Philippine Senate to Impose 12% VAT on Foreign Digital Service Providers

The Philippine Senate has passed a bill mandating a 12% value-added tax (VAT) on digital services provided by companies without

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Over 1,800 Insurance Leaders to Gather at InsureTech Connect Asia 2024 in June

The InsureTech Connect Asia (ITC Asia) conference is set to bring together leading figures in the insurance industry at the

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Wise Philippines Introduces New Account and Prepaid Card for Cross-Border Transactions

Wise, the global technology company specialising in international money management, has announced its entry into the Philippines market with the

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SeaBank Philippines Achieves “1st Profitable Quarter” Amid 252% Surge in Q1 Net Income

SeaBank Philippines Inc. (A Rural Bank), a subsidiary of Sea Ltd., reported a significant increase in its net income for

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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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Esquire magazine has released its selection of the top fintech influencers in the Philippines, recognizing the men and women shaking

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