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    Fintech News Philippines

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    E-walletsInsurTech

    GCash Clarifies ‘Send Money Protect’ Insurance Feature Amid e-Seller Concerns

    Fintech News PhilippinesJanuary 29, 2024

    GCash, a mobile wallet service, recently addressed queries regarding its new insurance product, Send Money Protect, amidst concerns from online…

    Wealthtech

    Navigating 2024 Trends in Wealthtech and Wealth Management: A Southeast Asia Perspective

    Urs Bolt, WealthTech Expert, PhilippinesJanuary 29, 2024

    As we delve into the transformative landscape of WealthTech and Wealth Management, a keen focus on the geopolitical dynamics and…

    InsurTechWallets

    GCash Rolls Out Fraud Insurance to Protect e-Wallet Transfers From Scams

    Fintech News PhilippinesJanuary 25, 2024

    Globe-backed fintech GCash has recently unveiled Send Money Protect (SMP), an in-app embedded insurance feature aimed at bolstering security for…

    Crypto

    Moneybees and PSulit Expand Physical Crypto Access with JK BitcoinHub Launch

    Fintech News PhilippinesJanuary 23, 2024

    Virtual asset service provider Moneybees has broadened the physical availability of its cryptocurrency exchange offerings in a collaboration with PSulit…

    Digital Payments

    BillEase and Razer Merchant Services to Boost BNPL Services in the Philippines

    Fintech News PhilippinesJanuary 22, 2024

    BillEase, a Philippine consumer finance app, has partnered with Razer Merchant Services (RMS) to integrate its payment solutions into RMS’s…

    Banking

    UnionBank Taps Informatica to Transition Customer Data to Cloud

    Fintech News PhilippinesJanuary 18, 2024

    UnionBank of the Philippines has recently selected Informatica’s intelligent Master Data Management (MDM) SaaS for transitioning its operations to the…

    Digital Banking

    Maria Pineda Takes Helm as New Chair of Tonik Digital Bank’s Board

    Fintech News PhilippinesJanuary 18, 2024

    Tonik Digital Bank, Inc. has recently appointed Maria Lourdes “Long” Pineda as the non-executive Chair of its Board of Directors.…

    Various

    5 Ways Digital Finance in the Philippines is Flourishing Despite Hurdles

    Johanan DevanesanJanuary 17, 2024

    The digital finance landscape in the Philippines is undergoing a significant transformation, offering a plethora of opportunities for growth and…

    Digital Banking

    Tyme Group’s Digital Bank Achieves Profitability in Record Time

    Fintech News PhilippinesJanuary 16, 2024

    Tyme Group, known for GoTyme in the Philippines, has announced its annualised revenue run rate reaching approximately US$160.7 million in…

    Digital BankingLending

    Tonik Upgrades Loan Offering to Cater to SMEs

    Fintech News PhilippinesJanuary 16, 2024

    Tonik Digital Bank recently updated its Big Loan product, aiming to address a broader range of financial requirements for small…

    E-wallets

    GCash Set for Potential IPO in H2 2024 Amid Market Uncertainties

    Fintech News PhilippinesJanuary 15, 2024

    GCash, a leading e-wallet player in the Philippines, is gearing up for its initial public offering (IPO) in the latter…

    Payments

    OmniPay is the First Non-Bank on BSP’s Real-Time Payment System

    Fintech News PhilippinesJanuary 10, 2024

    The Bangko Sentral ng Pilipinas (BSP) recently integrated OmniPay, Inc. into its PhilPaSSplus system, marking it as the first non-bank…

    Banking

    Salmon Acquires Majority Stake to Become Licensed Bank in the Philippines

    Fintech News PhilippinesJanuary 9, 2024

    Salmon, a fintech company focused on enhancing financial accessibility in Southeast Asia, has recently been granted regulatory approval by Bangko…

    Banking

    Security Bank Unveils Major IT Investment in Push for Tech Leadership

    Fintech News PhilippinesJanuary 8, 2024

    In a strategic move to position itself as a technology-enabled bank in the nation, Security Bank is significantly increasing its…

    Various

    BSP and BAIPHIL Forge Stronger Ties with New MOU

    Fintech News PhilippinesJanuary 8, 2024

    The Bangko Sentral ng Pilipinas (BSP) and the Bankers Institute of the Philippines (BAIPHIL) have recently strengthened their collaboration. At…

    Crypto

    Coins.ph Secures Registration to Operate in Australia in 2024

    Fintech News PhilippinesJanuary 8, 2024

    Blockchain-enabled financial services platform Coins.ph has recently announced its expansion into the Australia market, slated for 2024. This announcement follows…

    Various

    Top 5 Fintech Trends in the Philippines That Will Shape the Space in 2024

    Johanan DevanesanJanuary 4, 2024

    The financial technology landscape in the Philippines has undergone transformative changes in 2024, driven by dynamic innovations and an increasingly…

    Funding

    IFC Reveals Proposed US$7M Investment in Salmon to Scale Business

    Fintech News PhilippinesJanuary 4, 2024

    The International Finance Corporation (IFC), a member of the World Bank Group, has recently set forth a proposal to invest…

    Financial Inclusion

    Netbank, Sprout Solutions Forge Partnership to Introduce Salary Advance Services

    Fintech News PhilippinesJanuary 4, 2024

    Rural bank Netbank has recently established a partnership with Sprout Solutions, a HR and payroll software provider in the Philippines.…

    Crowdfunding

    SEC Investigates SeedIn Fraud Allegations with Special Audit

    Fintech News PhilippinesJanuary 3, 2024

    The Securities and Exchange Commission (SEC) has commenced a special audit into SeedIn Technology Inc. (SeedIn), following concerns over alleged…

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