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    Fintech News Philippines

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    E-walletsFunding

    Mitsubishi to Acquire 50% Stake in GCash’s Investor Ayala for US$321 Million

    Fintech News PhilippinesOctober 21, 2024

    Mitsubishi Corporation plans to acquire a 50% stake in AC Ventures Holding Corp (ACV), a subsidiary of Ayala Corporation. ACV…

    PaymentsSponsored

    Keeping Up with the Pace: Modernising Payment Systems

    Sponsor: HPSOctober 16, 2024

    In today’s fast-paced technological landscape, sticking with legacy systems can leave financial institutions lagging behind. With the rapid evolution of…

    E-wallets

    GCash on Track to Surpass Globe’s US$6 Billion Valuation

    Fintech News PhilippinesOctober 14, 2024

    GCash is projected to soon surpass the valuation of its parent company, Globe Telecom, according to a report by ABS-CBN…

    Digital Banking

    BPI Sells 15% Stake in GoTyme for PHP 902.47 Million to Address Product Overlap

    Fintech News PhilippinesOctober 14, 2024

    The Bank of the Philippine Islands (BPI) announced the sale of its 15% stake in digital bank GoTyme for PHP…

    Events

    Philippines Set to Showcase at Singapore Fintech Festival 2024

    Fintech News PhilippinesOctober 10, 2024

    Fintech Alliance.PH announced that it will be joining the Singapore Fintech Festival 2024 to showcase its digital finance innovations. The…

    Financial Inclusion

    Philippines Launches Website to Promote Financial Inclusion for All

    Fintech News PhilippinesOctober 10, 2024

    The Financial Inclusion Steering Committee (FISC), led by the Bangko Sentral ng Pilipinas (BSP), has launched a new website aimed…

    Banking

    LANDBANK Plans to Privatise UCPB Savings Bank

    Fintech News PhilippinesOctober 7, 2024

    Land Bank of the Philippines (LANDBANK) has announced its plan to privatise UCPB Savings Bank (UCPB-SB). The move is part…

    FundingLending

    Salmon Raises US$30M Funding, Plans Capital Boost for its Rural Bank

    Fintech News PhilippinesOctober 7, 2024

    Filipino fintech company Salmon has raised US$30 million in a Series A-2 funding round led by existing investors. This includes…

    Payments

    Escudero Lauds BSP Move to Remove Personal and MSME Digital Payments Fees

    Fintech News PhilippinesOctober 3, 2024

    The Bangko Sentral ng Pilipinas (BSP) announced that it will be eliminating fees on certain electronic fund transfers, specifically for…

    Various

    Philippines Recorded Highest Numbers for Phishing Attacks

    Fintech News PhilippinesOctober 2, 2024

    The finance industry continues to be a prime target for cybercriminals, with Kaspersky warning that the sector faces greater harm…

    Wealthtech

    Crossing Border Investments: New Regulations and Wealthtech Opportunities in ASEAN

    Urs Bolt, WealthTech Expert, PhilippinesSeptember 30, 2024

    The Wealthtech and digital wealth management sectors in ASEAN are set for significant growth and innovation with the introduction of…

    Digital BankingFinancial Inclusion

    GoTyme Bank Offers Free Bank Account Sign-Ups for National ID Holders

    Fintech News PhilippinesSeptember 30, 2024

    The Philippine Statistics Authority (PSA) has teamed up with Filipino digital bank GoTyme to enable Filipinos who have successfully registered…

    Open Banking

    Japan’s SBI Holdings Takes 16.67% Stake in UBX Philippines

    Fintech News PhilippinesSeptember 30, 2024

    Japanese financial services company group SBI Holdings has announced its investment in UBX Philippines, an open finance platform, acquiring a…

    PaymentsSponsored

    How to Migrate to a New Payments Platform Without Rocking the Ship

    Jean-Philippe PH ph4e9_bSeptember 26, 2024

    In the face of competition, many large financial institutions have outdated payment platforms that impede progress and give rivals an…

    Digital Banking

    Maya Innovations Cuts Losses by 25%, Targets Profitability by Year-End

    Fintech News PhilippinesSeptember 26, 2024

    Philippines-based fintech Maya Innovations reported a notable reduction in its overall losses for 2023, reflecting a focus on improving operational…

    Payments

    BancNet Taps Fime to Accelerate InstaPay Adoption in the Philippines

    Fintech News PhilippinesSeptember 25, 2024

    BancNet, a Philippine-based domestic payment system, has selected Fime to assist in the onboarding, testing, and certification process for its…

    Payments

    PayMongo Expands Payment Options With Brankas Partnership

    Fintech News PhilippinesSeptember 25, 2024

    Payment processing platform PayMongo has partnered with open finance technology provider Brankas to expand its payment options for businesses in the…

    Digital BankingFunding

    UnionBank Continues Capital Injection into Digital Bank with PHP 1.6 Billion Boost

    Fintech News PhilippinesSeptember 25, 2024

    Union Bank of the Philippines has announced plans to inject an additional PHP 1.6 billion into its digital banking arm,…

    Various

    Grab Philippines Names Ronald Roda as Country Head

    Fintech News PhilippinesSeptember 24, 2024

    Grab Philippines has announced leadership changes, with Ronald Roda taking over as the new Country Head. Grace Vera Cruz, who…

    Digital BankingFinancial Inclusion

    RCBC DiskarTech Sees 79% Deposit Growth, Bill Payments Up 114%

    Fintech News PhilippinesSeptember 24, 2024

    Rizal Commercial Banking Corporation (RCBC) reported that its digital banking platform, RCBC DiskarTech, saw a 79% growth in customer deposits…

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    September 15, 2026
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