Posts From Fintech News Philippines
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 the GDP and play a key role in job creation. According to the Asian Development Bank, SMEs make up 98%
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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, launched in November 2022, caters to high net worth individuals and institutional clients, offering a personalised over-the-counter trading experience in
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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 and medium-sized enterprises (SMEs). This collaboration is set to allow thousands of SMEs in the PayMongo merchant network to obtain
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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 initiatives are part of UnionBank’s efforts to enhance its wealth management services for clients, utilising the capabilities acquired from its
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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 November 20 to 24. This event, known for its valuable networking opportunities and fostering innovative collaborations, serves as a dynamic
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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 remittances with PayPal USD (PYUSD). With PYUSD now available on Coins.ph, this collaboration aims to facilitate easier fund transfers for
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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 needs of businesses. This development is a part of the bank’s digital transformation initiative that began in 2016. Among the
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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 the Singapore Fintech Festival (SFF) 2023. The digital bank highlighted its efforts to provide accessible and inclusive financial services to
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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 Pavilion, an initiative championed by Fintech Alliance.Ph. The Pavilion marks the latest foray of Filipino fintech at the world’s largest
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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 and investment across the fintech sector in the region. The partnership aims to strengthen engagement on fintech policy and regulation
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