Financial Inclusion

Vietnam’s MFast Ventures Into the Philippines Market, Starting With Manila

MFast, a Vietnamese fintech company, has announced its expansion into the Philippines, signalling a strategic move into the rapidly growing Southeast Asian fintech sector. Founded by Thanh Vinh Phan and Thanh Long Phan, twin brothers from the rural town of

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Insights Into Wealth Distribution and Financial Literacy in the Philippines

Understand how the socio-demographics, growth resilience, and evolving financial literacy in the Philippines are shaping its diverse and resilient economic landscape. A research article titled “The Financial Life of Filipinos: Insights into Wealth Distribution and Financial Literacy in the Philippines”

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Netbank, Sprout Solutions Forge Partnership to Introduce Salary Advance Services

Rural bank Netbank has recently established a partnership with Sprout Solutions, a HR and payroll software provider in the Philippines. This joint venture introduces a new salary advance service, designed to enhance the employee benefits arena. The new service dubbed

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Oradian Champions Financial Inclusion at Scale in the Philippines

Oradian, a fintech company headquartered in Croatia, has made significant strides in enhancing accessibility in the financial sector, particularly in the Philippines. Recently, they played a prominent role in a panel discussion at the Singapore Fintech Festival, focusing on scalability

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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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Netbank Offers Tailored Savings Accounts for Filipino Facebook Groups’ Members

Netbank, a Filipino bank specialising in partnership-based banking, has launched new savings accounts in collaboration with several Filipino Facebook Groups. This offering is designed to meet the unique needs and preferences of specific communities. This partnership-based banking approach allows the

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BSP’s Push to Standardise QR Codes Helps Salmon Expand Financial Inclusion

Bangko Sentral ng Pilipinas’ (BSP) recent moves to standardise QR payment codes across the Philippines are helping democratise consumer credit in the Philippines in unexpected ways, with Salmon leading the charge. Based on a global standard for secure payments, QR

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GCash Rolls Out New Visa Card for Millions of Unbanked Filipinos

Philippines’ e-wallet GCash has partnered with Visa to launch the new GCash card that will give millions of unbanked Filipinos access to the benefits of owning one. The GCash card can be used at over 100 million merchants in the

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RCBC ATM Go Records PHP 7.5 Billion in Transactions

Rizal Commercial Banking Corporation’s (RCBC) community-based financial service ATM Go recorded PHP 7.5 billion (US$ 132.1 million) in transactions. The service has been growing rapidly, with a 43% year-on-year increase in transaction volume and a 527% increase in the number

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INDX3.0 Puts Spotlight on Financial Inclusion for Equitable Growth in the Philippines

Financial inclusion has increasingly gained recognition as a pivotal driver of economic development, fostering empowerment and equitable national growth. It goes beyond the mere accessibility of financial products; genuine financial inclusion necessitates the thoughtful design, seamless accessibility, and tailored responsiveness

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