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    Fintech News Philippines

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    Crowdfunding

    Signet Launches Flint a Real Estate Crowdfunding Platform for the Philippines

    Fintech News PhilippinesJanuary 8, 2020

    Signet Properties officially launches Flint, a tech-enabled real estate crowdfunding platform in the Philippines. Co-presented by SeedIn Technology and RE/MAX…

    Digital Banking

    Philippines’ Lawmaker Pushes for Virtual Banking Regulation

    Fintech News PhilippinesJanuary 7, 2020

    Albay Representative Joey Salceda on Monday filed a measure providing a regulatory framework for virtual banking to boost the financial…

    Banking

    RCBC Introduces New Key Features in Revitalized Mobile App

    Fintech News PhilippinesJanuary 6, 2020

    Yuchengco-led Rizal Commercial Banking Corp. (RCBC) introduced many firsts in its revitalized mobile banking app with enhanced user interface and…

    Blockchain

    WWF and UnionBank Team Up for Financial Inclusion in Philippines Using Blockchain

    Fintech News PhilippinesDecember 4, 2019

    Today the World Wide Fund for Nature (WWF) Philippines, UnionBank of the Philippines, and TX, announced the launch Tracey, an app for fisherfolk that…

    Financial Inclusion

    Philippines’ RCBC Registers Over 500% Growth in its Inclusive Digital Finance Initiative

    Fintech News PhilippinesNovember 28, 2019

    Rizal Commercial Banking Corporation has achieved exponential growth for its mobile point-of-sale (mPOS) implementation generating 515% and 622% year-on-year growth…

    Wallets

    RCBC Adopts Philippines’ National QR Code Standard For Interoperable Payment System

    Fintech News PhilippinesNovember 20, 2019

    Rizal Commercial Banking Corporation (RCBC) announced that it has adopted the national QR (quick-response) code standard that would simplify and…

    Digital Banking

    How Philippines’ UnionBank is Reinventing Themselves for a Digital World

    Fintech News PhilippinesNovember 20, 2019

    UnionBank of the Philippines has been stealing headlines for quite a bit recently with various tech-related announcements. There a lot…

    Digital Banking

    CIMB Bank Reaches 1M Customers In New All-Digital Bank Model In The Philippines

    Fintech News PhilippinesOctober 31, 2019

    CIMB Bank Philippines surpasses their targets for expanding their consumer base in the country, successfully signing up over a million…

    Wallets

    Digital Wallet Corporation Enters Philippines with Fintech Acquisition

    Fintech News PhilippinesOctober 23, 2019

    Digital Wallet Corporation (DWC) today announced its entry to the Philippines through the acquisition of a licensed remittance and foreign…

    Banking

    RCBC Embarks on Digital KYC with LenddoEFL to Onboard Millions of Unbanked Filipinos

    Fintech News PhilippinesOctober 22, 2019

    Rizal Commercial Banking Corporation (RCBC) has sealed a partnership with LenddoEFL for faster and more convenient financial account opening for…

    Lending

    Philippines Cracks Down on Online Lenders

    Fintech News PhilippinesOctober 21, 2019

    Philippines’ Securities and Exchange Commission issued a statement prohibiting another batch of 13 online lending operators from further engaging in…

    Wallets

    Phillippines’ Central Bank Sets June 2020 Deadline for Industry to Adopt QR Standard

    Fintech News PhilippinesOctober 18, 2019

    In line with its thrust of ensuring the efficiency of payment systems in support of inclusive economic development, the Monetary…

    Financial Inclusion

    CIMB Philippines Partners with Singapore’s CredoLab to Further Drive Financial Inclusion

    Fintech News PhilippinesOctober 3, 2019

    CIMB Bank Philippines has partnered with Singapore-based fintech CredoLab to extend financial products to underbanked customers in the Philippines, starting…

    Funding

    Stripe and PayPal’s Co Founder Backs PH-Based PayMongo’s US$2.3 Million Seed Round

    Fintech News PhilippinesOctober 1, 2019

    Philippines’ fintech startup PayMongo recently announced that it has raised US$ 2.3 Million in its seed round. PayMongo’s investments round…

    Events

    7500+ Industry Experts Gather to Transform the Future of Fintech and Retail in Philippines

    Fintech News PhilippinesSeptember 23, 2019

    On 25 & 26 September at SMX Convention Center Manila, Pasay City, Seamless Philippines 2019 will open its doors, bringing…

    Lending

    Philippines’ Regulators Voice Support for Industry Driven TechnoEthics for Digital Lending

    finanzprSeptember 19, 2019

    Members of FinTechAlliance.ph, an organization of fintech and digital firms have agreed to institutionalize an industry-wide code of ethics and…

    Lending

    Lazada Philippines Teams up with AsiaKredit to Offer Shoppers Installment Plans

    Fintech News PhilippinesSeptember 17, 2019

    Asia Kredit announced today a partnership with Lazada Philippines which will enable Lazada shoppers to purchase and apply for monthly…

    Crypto

    Nearly 300 Arrested in Philippines for Alleged Crypto Investment Scam

    Fintech News PhilippinesSeptember 16, 2019

    227 Chinese nationals were arrested in Pasig City, Philippines, on suspicion of running a crypto investment scam targetting would be…

    Wallets

    Philippines To Launch Standardised QR Code For Payments Soon

    Fintech News PhilippinesSeptember 9, 2019

    The Philippines is anticipated to launch a standardised QR code for payments by September, according to a report by Philstar.…

    Wallets

    Philippines’ Fintech Industry Calls for ASEAN Wide Standardised QR

    Fintech News PhilippinesSeptember 4, 2019

    The ASEAN must standardize quick-response (QR) codes for digital payments platforms to facilitate and simplify regional trade. Lito Villanueva, Chief…

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