FinScore has appointed Angel Dimitrov as its new Chief Operating Officer (COO) and Country Manager. The company provides alternative credit scoring solutions in the Philippines, using telco data and other digital insights to support lending decisions. Dimitrov, a founding member of FinScore since 2018, previously led the company’s data science and product teams. He was instrumental in shaping FinScore’s alternative credit scoring models, ensuring their effectiveness in assessing creditworthiness among underbanked populations. In his new role, he will oversee FinScore’s strategic direction, drive product development, and strengthen partnerships with financial institutions. He brings over ten years of experience in fintech,…

Palawan Group of Companies (PGC) secured three major awards at the 12th Annual International Finance Awards 2024, held at the Waldorf Astoria Bangkok. The company was recognised for its contributions to financial inclusion and services in the Philippines, winning Most Innovative E-Wallet App for PalawanPay, Best Pawning Company, and Most Innovative Remittance Company. Established in 2013, the International Finance Awards recognise leadership, innovation, and contributions to market development, with a focus on sustainability, financial inclusion, and technological advancement. Organised by UK-based International Finance magazine, the awards celebrate organisations and individuals driving positive change in the global financial sector. Winners are…

The Bangko Sentral ng Pilipinas (BSP) and the Palawan Group of Companies (PGC) have partnered to promote financial literacy and responsible currency handling through the BSP Piso Caravan. A formal agreement was signed at the BSP headquarters, with key officials from both organisations in attendance. The Piso Caravan is a nationwide initiative supporting the Clean Note and Coin Policy and Coin Recirculation Programme. It aims to expedite the withdrawal of unfit and mutilated banknotes and coins from circulation. The initiative will also educate the public on proper handling and care of Philippine currency, promote financial literacy and responsible money management,…

RePay Digital Solutions formalized its new partnership with UnionBank Philippines to provide financial services for Filipinos in the local and international market. RePay is a digital wealth-building tool that is aimed first and foremost for Filipinos. Its mission is based primarily around helping the Philippines transition from a mostly cash-based economy to a cashless economy, helping the unbanked sectors manage and increase their financial capabilities in the process. One of its distinct designs will also make real estate transactions and payments easier even when abroad with the support of its sister Property Tech Company, Realholmes Property. RePay’s application includes various…