Fintech News Philippines
The Key Factors Driving Wealthtech in the Philippines
The Philippines’ wealthtech sector, which somehow still remains at a nascent stage of development, is poised to witness strong growth
Read More
Philippines Issues Maiden Tokenised Treasury Bonds via PDAX
In a notable advancement for the Philippine cryptocurrency sector, crypto exchange PDAX has collaborated with the Bureau of the Treasury
Read More
Kenneth Stern Leaves Binance Amidst Regulatory Challenges in the Philippines
Kenneth Stern, the former General Manager of Binance in the Philippines, has officially parted ways with the company. This development
Read More
UnionBank Bolsters Digital Arm UnionDigital with US$32.5M Capital Infusion
UnionBank of the Philippines is significantly enhancing its investment in its digital banking division, UnionDigital Bank Inc., with a capital
Read More
SEC Says Binance Not Licensed for Operations in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has recently issued an advisory concerning the online cryptocurrency exchange Binance.
Read More
Fintech a Core Element of the “Iron Triangle” Fueling Philippines’ Startup Growth
In the Philippines, fintech, e-commerce and logistics are prominent sectors in the entrepreneurial landscape. These industries, referred at as the
Read More
Tackling the US$2 Trillion Funding Shortfall for Asia Pacific’s SMEs
Small and medium enterprises (SMEs) are vital in driving economic growth, particularly in developing countries, as they significantly contribute to
Read More
Coins.ph’s TradeDesk Surpassed US$1 Billion in Crypto Trading Volume This Year
Philippines’ cryptocurrency exchange Coins.ph revealed that its TradeDesk service has surpassed a trading volume of US$1 billion in 2023. TradeDesk,
Read More
GoTyme Bank and PayMongo Enable Easier Loan Access for Thousands of SMEs
Filipino digital bank GoTyme and payment gateway PayMongo have recently announced a partnership aimed at enhancing financial access for small
Read More
UnionBank Expands Wealth Management Services with New Launches
The Union Bank of the Philippines had recently introduced two new wealth management programmes, UnionBank Elite and UnionBank Access. These
Read More
Sumsub Makes Presence at Philippine Fintech Festival 2023
Fintech companies in the Philippines and the ASEAN region are gearing up this week for the Digital Pilipinas Festival from
Read More
Coins.ph and Paxos Streamline Remittances with PayPal USD Stablecoin
Philippines’ cryptocurrency exchange Coins.ph has partnered with Paxos Trust Company, a New York-based blockchain infrastructure platform, for more efficient cross-border
Read More
UnionBank Rolls Out New Digital Solutions for Business Banking
The Union Bank of the Philippines has launched a range of digital banking solutions specifically designed to cater to the
Read More
UnionDigital Bank’s New Financial Health Tool Premieres at SFF 2023
UnionDigital Bank, the digital banking arm of UnionBank of the Philippines, showcased its commitment to innovation and financial inclusion at
Read More
Philippines Showcases Fintech Presence with Bagong Pilipinas Pavilion at SFF 2023
The Philippines has marked its presence at the Singapore Fintech Festival (SFF) 2023 through the Bagong Pilipinas: The Philippines Country
Read More
Philippines and Australia Strengthen Fintech Collaboration with New MOU
Fintech Alliance.ph and the Australian Trade and Investment Commission (Austrade) have signed a memorandum of understanding (MOU) to promote trade
Read More
Filipino Digital Bank Maya Taps TerraPay for Seamless Remittance
Payments infrastructure company TerraPay and Philippines’ digital bank Maya announced a strategic partnership at the Singapore Fintech Festival aimed at
Read More
Netbank Offers Tailored Savings Accounts for Filipino Facebook Groups’ Members
Netbank, a Filipino bank specialising in partnership-based banking, has launched new savings accounts in collaboration with several Filipino Facebook Groups.
Read More
An Ecosystem Approach to Banking the Underbanked
Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity,
Read More
GCash Users Can Now Pay at Alipay+ Merchants in Six New Countries
Philippines’ e-wallet GCash has expanded the availability of ‘GCash Global Pay’ to now include six new markets namely South Korea,
Read More
UnionBank Gets Approval as Virtual Asset Service Provider in the Philippines
Union Bank of the Philippines recently achieved another first in the industry after securing a Certificate of Authority from the
Read More
BPI Taps Personetics to Provide AI-Powered Financial Insights for 6 Million Users
The Bank of the Philippine Islands (BPI) has joined forces with Personetics, a global provider of financial data-driven personalisation solutions, to
Read More
Backbase’s ENGAGE Asia 2023 to Kick off in Bangkok This November
Banking leaders find themselves at that pivotal time of the year when they must strategise their transformation goals for the
Read More
UnionBank Launches Four New Credit Cards
UnionBank of the Philippines recently launched four new credit cards with a variety of benefits to cater to the different
Read More
BSP’s Push to Standardise QR Codes Helps Salmon Expand Financial Inclusion
Bangko Sentral ng Pilipinas’ (BSP) recent moves to standardise QR payment codes across the Philippines are helping democratise consumer credit
Read More
Paywatch Launches in the Philippines, Plans Indonesia Expansion by Year-End
Earned Wage Access (EWA) service provider Paywatch has officially launched in the Philippines, its third market after Malaysia and South
Read More
Red Hat and AWS Powers UnionBank’s Digital Transformation Journey
The Union Bank of the Philippines is using Red Hat OpenShift Service on Amazon Web Services (AWS) to accelerate its
Read More
BSP and CDA to Step up Digital Payments Oversight
The Bangko Sentral ng Pilipinas (BSP) and the Cooperative Development Authority (CDA) signed an agreement to work together to oversee
Read More
UnionBank Invests PHP300M More in Digital Bank to Fuel Growth
Union Bank of the Philippines has invested an additional PHP 300 million into the UnionDigital Bank following the PHP 900
Read More
YC-Backed Cera Brings Stablecoin-Based U.S. Stock Investing to the Philippines
Cera, a U.S. stock trading platform backed by Y Combinator, has announced its beta launch in the Philippines through a
Read More
Fintech Report Philippines 2020: Mapping out the Fintech Philippines Ecosystem
The Philippines’ fintech ecosystem is brimming with innovation with a vibrant mix of entrepreneurs attempting to fill in the gap
Read More
A Glance at the Philippines’ Open Banking Strategy
Open banking is at the core of enabling innovation within the financial sector, while the private sector often rolls out
Read More
Philippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices
Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include
Read More
RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play
Read More
Dubai-Based RAKBANK, BDO and Ripple Teams up for Remittance to the Philippines
Dubai-based bank RAKBANK recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal
Read More
Philippine Banks ATM Fees Compared
Bank of the Philippine Islands (BPI), Banco de Oro (BDO), Rizal Commercial Banking Corporation (RCBC), Metrobank and the Philippine National
Read More
Signet Launches Flint a Real Estate Crowdfunding Platform for the Philippines
Signet Properties officially launches Flint, a tech-enabled real estate crowdfunding platform in the Philippines. Co-presented by SeedIn Technology and RE/MAX
Read More
Philippines’ Regulators Issues New Crowdfunding Rules
Philippines’ regulator, Securities and Exchange Commission (SEC) has released its rules and regulations on crowdfunding as its way of providing
Read More
20 Top Emerging Digital Finance Players to Watch in the Philippines
Though in the Philippines fintech is still in the infancy stage, adoption of digital financial services is on the rise.
Read More
Mobile Wallet GCash Leads in Filipino Market
With more than 5 million downloads from Google Play, GCash is not only one of the Philippines most popular mobile
Read More
BSP Monetary Board Grants RCBC Approval Distribute COVID-19 Relief Fund
The Bangko Sentral ng Pilipinas (BSP) granted authority to Rizal Commercial Banking Corp. (RCBC) to accept government funds to assist
Read More
Top 7 Fintech Startups in the Philippines for 2020
Last year, Manila was named one of the world’s friendliest cities in the world for fintech startups, and was recognized
Read More
There Are 41 Crypto Businesses Licensed in Philippines Right Now
Philippines has been taking active steps recently to reform its regulation in efforts to position itself a crypto friendly regime
Read More
Philippines Cracks Down on Online Lenders
Philippines’ Securities and Exchange Commission issued a statement prohibiting another batch of 13 online lending operators from further engaging in
Read More
CIMB Philippines to Power GCash’s Digital Micro-Lending Facility, GCredit
Mobile money wallet GCash is transitioning from a micro-lending innovation to being a full digital lending facility through the GCredit
Read More
RCBC Named Best Digital Bank in Philippines
The Rizal Commercial Banking Corporation (RCBC) was recognized yesterday as the “Best Digital Bank in the Philippines” by a Hong
Read More
15 New Philippine Fintech Startups to Watch out for in 2019
Financial technology continues to bring exciting times ahead in the Philippines with the ever-growing emergence of new fintech players that
Read More
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 More
Grab Launches a Fully Digital GrabPay Card in Philippines
Grab announced today the launch of the GrabPay Card in the Philippines, a fully digital prepaid card powered by Mastercard
Read More
Top 16 Fintech Events in the Philippines to Attend in 2020
With a population of over 100 million people and rising Internet and mobile penetration rates, the Philippines is poised to
Read More
Philippines’ Fintech Industry Group Drives Cashless Initiative Amidst COVID-19 Outbreak
Amidst the current contagion of potential pandemic proportions, the Philippines has reported a series of confirmed COVID-19 cases in the
Read More