Homegrown fintech startup NextPay has surpassed the P1-billion mark in terms of total transaction volume in 2021. Invoice payments, employee salaries, and vendor payments were the main drivers for this milestone. NextPay’s […]
CIMB Bank Philippines has collaborated with Zoloz, an eKYC (electronic Know Your Customer) technology provider to further enhance its digital banking services. The bank will leverage Zoloz’s eKYC solution for frictionless user […]
Pictured, from left: Huyen Nguyen, Georg Steiger, and Ritche Weekun BillEase, a card-free Buy Now Pay Later (BNPL) platform in the Philippines, just secured $11 million on fresh equity in the Series […]
With most of the economies moving toward digitalization and with more consumers slowly embracing digital transactions, crafting your own financial goals could be easier this time. Shopee’s digital payments provider (e-wallet) ShopeePay […]
Neobank Tonik Digital Bank (Tonik) has tapped Google Cloud’s advanced platform to scale its financial technology infrastructure to build on application programming interface (API) management, machine learning (ML) and data analytics. Tonik, […]
Singapore’s ASEAN Fintech Group (AFG), a venture firm that specializes in fintech, announced its acquisition of Philippines digital payments provider JazzyPay valued at $1.8 million. A registered digital payments provider, JazzyPay is […]
Fintech firm PayMaya introduced PayMaya Verified Sellers, a feature that makes transactions to give both sellers and buyers some peace of mind. Legitimate sellers using the PayMaya wallet as the preferred mode of payment […]
Multi-channel insurance platform Kwik.insure has partnered with mobile wallet GCash to help Filipino car owners purchase compulsory third-party liability (CTPL) and comprehensive car insurance policies through the GCash platform. Under the partnership, […]
In 2021, the Union Bank of the Philippines (UnionBank) launched products that benefit small and medium enterprises as the pandemic brought the entrepreneurial spirit of Filipinos. UnionBank enabled businesses to seamlessly shift […]
To encourage and reward more entrepreneurs to grow and scale their business online, PayMaya, together with Shopify and PLDT Home Biz, have launched the Scale Up promo, offering attractive prizes to participating […]
Neobank Tonik has surpassed the P5 billion ($100 million) in consumer deposits after only eight months since its launch. Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including […]
Atome, a company that offers Buy Now Pay Later program, announced the appointment of EJ dela Vega to lead its operations in the Philippines following the entry of Atome into the local […]
Despite the challenges brought about by the COVID-19 pandemic in the first month of its operations in the Philippines, fintech startup Xendit bounced back as demand for digital financial services grew in […]
Life insurer Pru Life UK takes CIMB Bank Philippines as a partner in making digital financial services more accessible to Filipinos. Subject to regulatory approval, the partnership will make CIMB PH products […]
Loan provider Tala launched Tala Flexible Loans, a unique credit option that allows customers to choose the due date, up to 61 days or two months, that suits them. Filipinos can now […]
Coins.ph, a blockchain-backed e-wallet services provider, launched the Coins Movement, a campaign that encourages financial empowerment by moving forward into the future of money. “Digital technologies have advanced more rapidly than any […]
NextPay, a digital solutions platform, will be offering online-to-offline (O2O) payments leveraging Ayannah’s technology. The partnership enables small businesses to send money to their employees, suppliers, and customers through almost 10,000 partner […]
Fintech company PayMaya recently launched its bold new campaign #TooGoodToBeNo2, after competition GCash achieved double unicorn status. PayMaya runs a consumer e-wallet app, an enterprise payment processing business, and a remittance agent […]
Digital financial services leader PayMaya was tapped by Oxfam to deliver pre-emptive cash aid to residents of Tamontaka Villages 1-5 in Cotabato City after flood waters in the area reached the threshold […]
Integrated network provider PLDT Inc. (PLDT) and its wireless unit Smart Communications Inc. (Smart) will be leveraging Vesta’s anti-fraud solutions to enhance the protection of online transactions across digital channels. Vesta is an instant, end-to-end […]
According to the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), its flagship mass-market financial app DiskarTech, has reached a five-digit exponential organic growth in partner deposits by the end of October versus the […]
With more businesses going online and adopting digital payments, Union Bank of the Philippines (UnionBank) designed its UPAY for MSME offering to be as simple and as easy to use. Citing expensive […]
Ongoing until Dec. 31, 2021, PayMaya is giving its app users instant cashback on their transaction fees for cash-ins or bank transfers when they use Instapay, an electronic fund transfer (EFT) service. […]
Investa, a finalist in Microsoft’s 2020 Emerge X Startup Competition, developed a platform that will provide Filipinos access to low-cost investment opportunities and financial benefits. In its initial deployment, Investa was a […]
Free to download, free to use, and can be used offline. Mobile app Lista PH is looking at helping micro, small, and medium enterprises, as well as individuals, manage their finances. Lista […]
Fintech platform Cashalo is expanding its presence in the Visayas with the introduction of its Shop Now, Pay Later service in Cebu, partnering with major mall operators. “We see a huge growth […]
Mobile wallet GCash kicked off 11.11 Mega Deals with Alipay+ Rewards, allowing GCash users the access to participating brands including iQiyi, Viu, Google Play, Lazada, foodpanda and many more, with offers and […]
Ongoing until Nov. 17, consumers can save up to P1,500 by simply completing everyday transactions with your PayMaya app. To start racking up on the savings this payday, all users have to […]
Sellers or merchants using AUB PayMate need not invest in costly point-of-sale or card terminals to accept Mastercard payments from their customers. Asia United Bank (AUB), one of the fastest-growing and publicly […]
Blockchain-backed digital wallet Coins.ph is making cash-in available in many parts of the Philippines with its new partnership with leading payments and remittance network TrueMoney. With an estimated 20,000 TrueMoney Centers which […]
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