Editor's Pick

Top 5 Most Well-Funded Fintech Companies in the Philippines

In 2021, the Philippines’ fintech sector gained significant traction amid rapid adoption of digital financial services. This was supported by a conducive regulatory environment and investors’ growing interest in the prospect of technology to bring the country’s large population of

Digital Payments Digital Transformation Editor's Pick Philippines

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

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

Blockchain Digital Payments Editor's Pick Financial Inclusion Funding Philippines Virtual Banking

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,

Bangko Sentral Ng Pilipinas Launches Open Finance Framework

The Bangko Sentral ng Pilipinas (BSP) has formally launched the Open Finance Framework, which aims to promote collaborative partnerships and digital transformation as key enablers towards economic resilience and financial inclusion. Open Finance is the extension of data sharing principles,

Fintech in the Philippines: 2021 in Review

In 2021, the Philippines’ fintech industry continued to grow and mature, building on accelerated adoption of digital channels amid COVID-19, investors’ optimism on the prospect of fintech in the Southeast Asian nation, and continued effort from the government to foster

Is Payment Friction Challenging Your Business Growth Ambitions?

Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For companies that use digital payments, user experience, straight-through processing rates and operational efficiency have become primary concerns. Although companies such

Crypto E-wallets Editor's Pick Philippines Virtual Banking

Fintech Philippines Report 2022 Highlights the Rise of Crypto and Advent of Digibanks

In the Philippines, the fintech sector is developing at a rapid pace, fueled by booming digitalization, a favorable regulatory landscape, and ongoing effort by the government to help boost financial inclusion, a new report jointly produced Fintech News Philippines and

Philippines’ SEC Issues Guidelines to Stamp Out Predatory Lending Practices

The Securities and Exchange Commission (SEC) has issued draft guidelines for the registration and operation of online lending platforms (OLPs) to stamp out abusive and predatory practices. The proposed guidelines will apply to both existing and newly registered financing and