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    Fintech News Philippines

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    Crowdfunding

    Philippines’ First Crowdfunding Platform, Investree PH, to Cease Operations by 2025

    Fintech News PhilippinesMay 27, 2024

    Filinvest Development Corp. (FDC) has announced that its subsidiary, f(dev) Digital Innovations and Ventures Inc., in collaboration with Investree Singapore…

    Digital Banking

    Maya and Landers Launch Joint Credit Card with Members-Only Rewards

    Fintech News PhilippinesMay 27, 2024

    Digital bank Maya Bank has announced its latest credit card collaboration with Landers, a membership-based supermarket chain in the Philippines.…

    RegtechSecuritySponsored

    Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

    Fintech News PhilippinesMay 27, 2024

    Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the “2024 State…

    Payments

    Peso RTGS Participants Mandated to Submit Compliance Reports by BSP

    Fintech News PhilippinesMay 23, 2024

    The Bangko Sentral ng Pilipinas (BSP) has mandated all participants in its peso real-time gross settlement (RTGS) payment system to…

    InsurTech

    discovermarket Enters Philippines Market to Launch Cyber Insurance with Globe

    Fintech News PhilippinesMay 23, 2024

    Global insurtech company discovermarket has entered the Philippines market, introducing its new embedded personal cyber insurance product in collaboration with…

    Various

    Philippine Senate to Impose 12% VAT on Foreign Digital Service Providers

    Fintech News PhilippinesMay 22, 2024

    The Philippine Senate has passed a bill mandating a 12% value-added tax (VAT) on digital services provided by companies without…

    EventsInsurTechSponsored

    Over 1,800 Insurance Leaders to Gather at InsureTech Connect Asia 2024 in June

    Fintech News PhilippinesMay 21, 2024

    The InsureTech Connect Asia (ITC Asia) conference is set to bring together leading figures in the insurance industry at the…

    Payments

    Wise Philippines Introduces New Account and Prepaid Card for Cross-Border Transactions

    Fintech News PhilippinesMay 20, 2024

    Wise, the global technology company specialising in international money management, has announced its entry into the Philippines market with the…

    Digital Banking

    SeaBank Philippines Achieves “1st Profitable Quarter” Amid 252% Surge in Q1 Net Income

    Fintech News PhilippinesMay 20, 2024

    SeaBank Philippines Inc. (A Rural Bank), a subsidiary of Sea Ltd., reported a significant increase in its net income for…

    Banking

    RCBC Payday NOW Digital Salary Advance Surpasses P1 Billion in Disbursements

    Fintech News PhilippinesMay 20, 2024

    RCBC has disbursed over one billion pesos in its digital salary advance facility, RCBC Payday NOW, within just nine months…

    Lending

    Maya Bank, WeFund Partner to Improve Credit Access with US$48M Loan Initiative

    Fintech News PhilippinesMay 20, 2024

    Digital lender Maya Bank and WeFund Lending Corp., through Lightning Financing Co., have formalised a P2.75-billion (US$48 million) loan channeling…

    Regtech

    Skyro Taps ADVANCE.AI for Secure and Streamlined Customer Onboarding

    Fintech News PhilippinesMay 16, 2024

    Skyro, a fintech company licensed and supervised by the Philippines’ Securities Exchange Commission (SEC), has announced a partnership with ADVANCE.AI,…

    Remittance

    Pomelo and Thunes to Introduce Credit-Based Remittances from US to Philippines

    Fintech News PhilippinesMay 13, 2024

    Global payment solutions provider Thunes has entered into a partnership with Pomelo, an innovator in credit-powered remittance and credit card…

    Financial Inclusion

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

    Fintech News PhilippinesMay 13, 2024

    MFast, a Vietnamese fintech company, has announced its expansion into the Philippines, signalling a strategic move into the rapidly growing…

    Digital BankingSponsored

    How Core Modernisation Is Paving the Way for Invisible Banking

    Fintech News PhilippinesMay 13, 2024

    In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s demands for…

    Crypto

    SEC Chairperson Explains Position on Binance and Unregistered Crypto Entities

    Fintech News PhilippinesMay 9, 2024

    In a recent statement, Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino addressed the challenges faced by regulators in…

    BlockchainCrypto

    Coins.ph Granted Regulatory Approval to Roll Out Peso Stablecoin

    Fintech News PhilippinesMay 9, 2024

    Coins.ph, a leading cryptocurrency platform, has secured regulatory approval from the Bangko Sentral ng Pilipinas (BSP) to introduce a peso…

    Crypto

    SEC to Introduce Cryptocurrencies Framework to Safeguard Traders’ Interests

    Fintech News PhilippinesMay 7, 2024

    The Philippines Securities and Exchange Commission (SEC) is gearing up to introduce a regulatory framework for cryptocurrencies and their trading…

    StudiesVarious

    Philippines Embraces BNPL Trend as Access to Credit Remains a Concern

    Fintech News PhilippinesMay 7, 2024

    Credit and lending products including Buy Now Pay Later (BNPL) hold significant sway for a high number of Philippines citizens…

    Digital BankingLending

    GoTyme Bank Expands Payroll and Lending Reach with Acquisition of SAVii

    Fintech News PhilippinesMay 7, 2024

    GoTyme Bank, a rapidly growing financial institution in the Philippines, is poised to enhance its payroll-linked financial services with the…

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