Philippines
Philippines Issues Maiden Tokenised Treasury Bonds via PDAX
In a notable advancement for the Philippine cryptocurrency sector, crypto exchange PDAX has collaborated with the Bureau of the Treasury of the Philippines (BTR), Landbank of the Philippines, and the Development Bank of the Philippines (DBP) to launch the country’s
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Fintech a Core Element of the “Iron Triangle” Fueling Philippines’ Startup Growth
In the Philippines, fintech, e-commerce and logistics are prominent sectors in the entrepreneurial landscape. These industries, referred at as the “iron triangle”, have been instrumental in innovation and are now fueling growth in emerging areas such as entertainment, healthtech and
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The Fintech Philippines Report 2023: Financial Inclusion Drive Starts to Bear Fruit
In the Philippines, the fintech sector has been expanding at an unparalleled rate, transforming how individuals and companies handle financial dealings, as evidenced in the 2023 edition of the Fintech Philippines Report, produced by Fintech News Philippines in collaboration with
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Top 8 Most Well-Funded Fintech Startups in the Philippines as of H2 2023
The fintech sector in the Philippines has experienced significant growth in recent years, fueled by increasing adoption of digital technology and a push for improved financial inclusion. With a population of over 110 million, a rising middle class and a
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Remittance Continues to Play Major Role in Filipino Economy as It Hits Record Highs
Remittances play a critical role in the Filipino economy and have significant social and economic impacts on the country: they help alleviate poverty, are a driving force behind the country’s economy, and help expand the financial sector and promote financial
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Top 12 Fintech Events in the Philippines to Attend in H2 2023
The fintech sector in the Philippines is experiencing rapid growth, driven by rising usage of digital financial services, a supportive regulatory landscape and efforts from the government to improve financial inclusion. In this fast-paced digital era, staying informed and connected
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BSP to Incentivise Sustainable Green Financing in the Philippines
The Bangko Sentral ng Pilipinas (BSP) intends to introduce further incentives to promote sustainable and green financing in the Philippines. These incentives, including an increased single borrower’s limit (SBL) and a zero reserve requirement rate, are part of the BSP’s
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The Philippines is Fertile Ground for Digital Banking Growth
Recognising the need to foster fintech innovation to achieve financial inclusion goals, regulators in the Philippines are laying the groundwork for digital financial services and digital-first business models, introducing new digital banking licenses, creating a real-time payments system, and establishing
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Philippine Startup Investment Reaches New High; Fintech Takes Lion’s Share in Early-Stage Funding
In 2022, startup investment reached new heights in the Philippines, defying trends observed around the world and the global funding downturn. Fintech companies took the lion’s share in early-stage private funding, securing 39% of all investments raised in 2021-2022, a
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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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