Mynt acquires ECPay from Globe for P2.3 billion
Globe has divested a 77% stake in Electronic Commerce Payments Inc. (ECPay) to Globe Fintech Innovations Inc. (Mynt), the parent company of GCash, for a total of P2.31 billion. “Mynt’s…
Technology News
Globe has divested a 77% stake in Electronic Commerce Payments Inc. (ECPay) to Globe Fintech Innovations Inc. (Mynt), the parent company of GCash, for a total of P2.31 billion. “Mynt’s…
GoTyme Bank, a joint venture between the Gokongwei group of companies and multi-country digital bank Tyme, was recognized by international design award-giving bodies: The Red Dot Design Awards 2023 and…
Home Credit, a consumer finance company, is offering low monthly installment plans with 0% interest for select brands and gadgets as the new school year begins. Parents may be looking…
GoTyme Bank, a joint venture between the Gokongwei group of companies and Tyme Group, aims to address financial inclusion challenges and issues in the Philippines with a physical-digital approach. In…
BayaniPay, a payment solutions platform, has further expanded its seed round funding with the support of existing investors, propelling its momentum and reinforcing its position in the cross-border fintech firm.…
NextPay, a leading financial management platform provider, is now offering a tailored solution for non-profit organizations, enabling them to streamline their outreach, fee collections, and fundraising efforts. NextPay’s end-to-end digital…
Ant Group, the operator of Alipay+, the global cross-border digital payments and marketing solution, announced that merchants in the Philippines can now accept a total of four mobile wallets. These…
Mocasa, a virtual credit wallet, and Automated Fare Collection Service provider AF Payments Inc. (AFPI) announced their partnership aimed at enhancing the daily commuting experience for millions of Filipino travelers.…
GCash, in partnership with Fuse Lending Inc., has introduced GCash Sakto Loans, a small loan option designed to help Filipinos access fair and easy loans. A GCash study revealed that…
Home Credit, a consumer finance company, aims to provide assistance so parents and kids can enjoy a back-to-school shopping experience while sticking to the budget. Parents are searching for cost-effective…
GCash, a micropayment service, is offering exciting deals and a chance to win P10,000 daily with #GCashToSchool promo. When you use #GCashToSchool, you can discover all the ways you can…
Tala, a consumer credit app, aims to enable microentrepreneurs to expand or at least sustain their businesses through flexible repayment options and lower fees. “At Tala, we make earning opportunities…
GoTyme Bank, a collaboration between the Philippines’ Gokongwei Group and Singapore-based Tyme Group, has reached 1 million customers barely a year since it was launched in the country. Citing “human…
Digital wallets, also known as e-wallets, are playing a crucial role in driving the adoption of financial technology (fintech) services in the Philippines, as reported by consumer credit service provider…
Home Credit, a consumer finance app, shares ways to ensure families stick to a budget especially during this back-to-school. As the new school year approaches, parents are getting ready to…
Xendit, a B2B payment solutions provider, emphasized how the digital economy can flourish with a robust digital payment infrastructure. Xendit provides a suite of APIs and a dashboard UI that…
GoTyme Bank, a joint venture between the Gokongwei group of companies and the multi-country digital banking group Tyme Bank, recently received two recognitions at the 18th Asian Banking and Finance…
The roundtable discussion hosted by Silverlake Axis and the International Data Corp. emphasized the importance for banks to find the right partner to accelerate their digital transformation. Silverlake Axis is…
UnaCash, an all-digital cash loan application solution, will now be offering point-of-sale (POS) loans to clients through Buy Now, Pay Later (BNPL), hoping to ramp up its financial inclusion efforts.…
Mocasa, a company that offers credit payment services, is now an authorized Accessing Entity (AE) of the Credit Information Corp. (CIC). Through this collaboration, Mocasa aims to revolutionize the financial…
UnionDigital Bank (UD) secured a capital infusion approval of up to P900 million from its parent bank, Union Bank of the Philippines (UnionBank). The fresh funds is earmarked for the…
As the back-to-school season approaches, so do the mounting expenses that come with it. In addition to the rising costs of everyday necessities, households now have the burden of shouldering…
When CIMB Bank launched in 2018, it introduced digital and embedded banking in the Philippines. One of the first digital banks in the country, CIMB Bank PH enabled a fully…
PayMongo, a payment gateway in the Philippines, has teamed up with Tookitaki to bolster its anti-money laundering program, aligning with compliance norms set out by the Bangko Sentral ng Pilipinas…
GoTyme Bank Philippines (GoTyme) aims to provide a personalized and humanized customer experience. As the demand for innovative digital financial services grows, GoTyme combines the convenience of digital banking with…
PayMongo will be the payment gateway of the up-and-coming startups that will be pitching to regional investors in September this year. The startups, coming from across different industries, are supported…
In the last few years, technological advances and evolving consumer preferences have gradually transformed the ways people buy goods and services. In particular, today’s consumers can now pay for purchases…
Go Rewards, a lifestyle rewards program of the Gokongwei-led Robinsons establishments, has partnered with Union Bank of the Philippines (UnionBank) to offer an all-in-one credit card and loyalty rewards card…
Insurtech Igloo has developed NegosyoCare, an insurance product, recognizing the challenges of sustaining the operations of small businesses in the Philippines. Starting and maintaining small businesses sometimes entail daunting tasks…
With a focus on providing high-quality banking experiences and unlocking the financial potential of Filipinos, GoTyme Bank aims to bridge the gap between traditional banking and a cashless society. Backed…
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