Posts From Fintech News Philippines
PayMaya Enables In-App Crypto Investments From as Low as PHP 1
Philippines digital wallet PayMaya has now enabled Filipinos to easily buy and earn cryptos such as Bitcoin and Ethereum from PHP 1 for an all-in-one app experience. Licensed by the Bangko Sentral ng Pilipinas (BSP), PayMaya is both an Electronic
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Tonik Appoints Former Google, Meta Director as Its Chief People Officer
Philippines’ digital bank Tonik announced today the appointment of Manoj Varghese as its Chief People Officer to spearhead its growth and cultural integration. Manoj was formerly Google’s HR Director for Japan and Asia Pacific (JAPAC) as well as Director of
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Philippines’ Payment Infrastructure Undergoes Transformative Change
In the Philippines, the banking community is undergoing a major transformation to its payment infrastructure, a movement triggered by the convergence of several key drivers including changing customer behaviors, new regulations and advances in technology. During a recent webinar hosted
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Top Fintech Influencers in The Philippines
Esquire magazine has released its selection of the top fintech influencers in the Philippines, recognizing the men and women shaking up the industry, the investors and thought leaders directing the conversation, and the startup founders to watch for closely. This
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Velo Labs Partners PDAX to Enhance Cross-Border Payments to the Philippines
Velo Labs, a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses, and the Philippine Digital Asset Exchange (PDAX) have formed a partnership. The partnership aims to improve cross-border payments to the Philippines using blockchain technology.
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Fintech Takes Lion’s Share of Philippines Tech Funding for Second Consecutive Year
The Philippines’ fintech industry is blossoming on the back of surging funding activity, a conducive regulatory environment, and rapid adoption of digital financial services, a new report by the Boston Consulting Group (BCG) and Foxmont Capital Partners shows. In 2021,
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Tonik Aims to Roll Out BNPL and Crypto Products in the Next Year
Philippines’ neobank Tonik marks its first year of operations in the country after securing a digital bank license from the Bangko Sentral ng Pilipinas (BSP) in June last year. Since its public launch, Tonik recorded PHP 1 billion (US$ 20
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Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says
Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the ongoing digital shift, according to a new survey by Okta,
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UnionDigital Bank Partners With YGG to Serve the Play-To-Earn Community
UnionDigital Bank, the digital bank entity of the Union bank of the Philippines, has signed a Memorandum of Understanding with global play-to-earn guild Yield Guild Games (YGG) during its first-ever Managers’ Summit. The partnership between UnionDigital Bank and YGG will
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Three Quarters of Filipino MSMEs Unable to Secure Funding in the Past 5 Years
More than three quarters (77%) of micro, small and medium-sized enterprises (MSMEs) in the Philippines have been unable to secure sufficient, or any, funding on at least one or more occasion over the last five years, according to a new
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