Posts From Fintech Philippines
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3
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Fintech Alliance.PH Appoints New Insurtech Committee Chairman
Fintech Alliance.PH, the country’s largest association of fintech and digital players, announced that it has appointed Pru Life UK, President and Chief Executive Officer Eng Teng Wong as the Chairman of its insurtech committee. Wong will lead Fintech Alliance.PH’s role
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BSP Seeks Public Feedback on Open Finance Pilot
The Bangko Sentral ng Pilipinas has requested feedback from financial institutions and third-party providers for the Open Finance Pilot in the country. The regulator aims to strengthen the development of open finance technical and operational standards and arrangements through this.
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Former GoTyme Bank CEO Appointed as New President and CEO of PayMongo
Paymongo announced the appointment of Jojo Malolos as the new President and CEO of PayMongo, effective February 1, 2023. As part of this appointment, Isabel Ridad will be stepping down as Interim CEO and will be leaving the company as
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Fintech Startup Salmon Launches Point-Of-Sale Loan Product in the Philippines
Fintech startup Salmon announced that it has launched its first offering in the Philippines which is a point-of-sale (POS) loan product. Filipinos will be able to shop for a variety of home products while deferring payment for their purchases over
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BillEase Partners Alipay+ to Offer BNPL Payment Option for Filipinos
Consumer finance app BillEase has partnered with Ant Group’s Alipay+ to enable the buy now, pay later (BNPL) payment option for Filipinos when the shop at global brands online. BillEase’s over 2,000 merchant partners can now offer their shoppers three
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GoTyme Bank Partners Mambu to Roll Out New Innovative Products and Services
Newly launched Filipino digital bank GoTyme Bank has partnered with cloud banking platform Mambu to roll out new products and services in the coming months. Singapore-based Tyme Group has had a long-standing relationship with Mambu which powered South Africa’s TymeBank
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Five Key Takeaways From the Temenos Regional Forums in Asia Pacific
The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution and the emergence from the Covid-19 pandemic. That was why banking software company Temenos organised a series of industry events
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Philippines SEC to Accept Only Digital Payments After February 2023
The Securities and Exchange Commission (SEC) announced that it will be making a complete shift towards digital payments by 1 February 2023. The public will have to use the eSPAYSEC that was launched in March last year to make payment of
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Direct Agent 5 Secures Crypto, E-Money and EPFS Licenses From BSP
Direct Agent 5 (DA5), a provider of remittance and forex services, has secured three licenses from the Bangko Sentral ng Pilipinas (BSP). Among them are approvals to operate as a Non-Bank Electronic Money Issuer (EMI), Virtual Assets Service Provider (VASP),
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