Archive
All The Key Things That Happened in Philippines’ Fintech Scene in Q1 2023
2023 has so far a successful beginning of the year for the Philippines’ fintech industry. The first quarter was marked with a number of announcements from regulators and government agencies focusing on increasing the usage of digital financial services, new
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How Far Along is the Philippines’ Digital Payments Transformation Roadmap?
Of the many branches of fintech that can benefit society, the Philippines recognised the need to embrace digital payments as a means of fostering financial inclusion and economic growth. In response, the Bangko Sentral ng Pilipinas (BSP) launched the Digital
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5 Early-Stage Fintech Startups in the Philippines Worth Watching in 2023
2022 was a successful year for the Philippines’ fintech industry, which saw the government continue to support the sector through conducive initiatives, growing demand for digital financial services, and an overall maturing of the industry. Fintech activity also remained strong
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BNPL Firm Mocasa Innovates Lending Space With Finscore’s Telco-Based Credit Scores
Buy Now, Pay Later (BNPL) firm Mocasa has tapped alternative credit scoring company FinScore to engineer bespoke credit scoring models that mitigate risk while its expanding market reach. Now in its second year of business, Mocasa is doubling down on
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Philippines Government Pushes for Landbank, DBP Merger by Year End
The Philippines government has proposed a merger between the Landbank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) before the year ends. The consolidated bank will establish its position as the largest bank in the Philippines
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Navigating Asia Pacific’s Identity Fraud Landscape
Have you ever watched the chilling cult classic “Invasion of the Body Snatchers”? The 1950s alien takeover movie is best remembered for evoking paranoia about the faceless evil lurking within society. Now, 70 years later, this invasion may be more
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Earned Wage Access Firm Advance Raises US$16M to Push Vietnam Expansion
Filipino earned wage access startup Advance announced that it has raised US$16 million in a Pre-Series A funding and expanded its operations to Vietnam through the acquisition of BravoHr, a platform that provides digital solutions for employee engagement, benefits, and
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South Asia. However, extending credit to underbanked and unbanked populations comes with inherent risks, especially when dealing with new-to-credit customers who
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Real-Time Analytics in Forex Trading: A Guide to Building Successful Strategies
The forex market offers nearly endless opportunities to investors who have the time and discipline to trade regularly and consistently. Many people who day trade on the forex market do so as a way to supplement their income or eventually
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RCBC Partners With SwiftPay, Dragonpay to Offer More Digital Payment Options
Rizal Commercial Banking Corporation (RCBC) has partnered with payment gateway providers SwiftPay and Dragonpay to offer more digital payment options for online consumers and merchants. Through these partnerships, RCBC’s customers can now use their mobile banking app to pay when
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