i2i, the banking-as-a-service platform and open finance community under UBX, expects business to grow by as much as 300% in 2022. This year’s growth comes after recording significant results in 2021 on […]
UBX’s i2i eyes 300% growth in 2022
NextPay expands digital payment solutions, introduces Email Money
Philippine-based fintech startup NextPay is expanding its digital payment solutions with the introduction of Email Money. Email Money is a first of its kind payment service in the Philippines that allows users […]
UnionBank develops integrated supply chain financing platform
Aboitiz-led Union Bank of the Philippines (UnionBank) introduced an integrated financing platform that is hoped to simplify businesses’ supply chain operations. The platform ensures seamless cash flow management with real-time payment and […]
CIMB Bank Philippines expands loan portfolio with REVI Credit
Digital bank CIMB Bank Philippines answers the call for a more inclusive financial industry expanding its loan portfolio with Personal Loan products with REVI Credit. Quoting its own survey conducted in December […]
Bixie teams up with UBX to provide finance solutions to women
Bixie, an AI-powered finance platform for women has tapped UBX, an open finance platform by Union Bank of the Philippines, in providing digital solutions for beneficiaries. The partnership hopes to empower Filipino […]
BPI launches digital platform for small businesses
The Bank of the Philippines launched a digital platform specifically developed to meet the needs of micro, small, and medium enterprises (MSMEs). BPI BizKo is an app- and web-based platform that will […]
GCash honors entrepreneurs through excellence awards
To recognize small and medium enterprises that have been utilizing digital solutions as they transform their businesses, mobile wallet GCash established the GCash Digital Excellence Awards. “GCash’s ultimate goal is to make […]
SeekCap aims to increase MSME loans by P33.5 billion in 2022
SeekCap, an online lending marketplace built by leading open finance platform UBX, is eyeing to grow its loans processed to P33.5 billion this year. The growth target is part of the company […]
PayMaya scores Anvil Awards for creating a safe, future-proofed workplace
Digital financial services provider PayMaya was recognized at the 57th Anvil Awards for its employee programs that are instrumental to building the safe workplace of the future. PayMaya used various digital tools […]
Get the most out of the long weekend with ShopeePay
Need a change of scenery or want to take advantage of the long weekend? Then a getaway with family or friends is just what you need! But before you get too excited […]
Fintech firm UBX doubles workforce to drive more innovations
Following the announcement of its significant revenue growth in 2021, UBX, the fintech arm of UnionBank of the Philippines, plans to more than double its workforce this year to strengthen its goal […]
PayMaya offers cashback with Bills Bayad Rewards promo
PayMaya, an end-to-end digital payments platform, brings Filipinos the convenience, safety, and time-saving benefits of paying for their fees and dues to the Social Security System (SSS), the Home Development Mutual Fund […]
Alibaba Cloud, Fintech Alliance launch sandbox program
With the objective of increasing access to digital finance of local financial institutions, Alibaba Cloud and the Fintech Alliance (Philippines) collaborated to introduce the Fintech Industry Sandbox Program in the country. Alibaba […]
NextPay surpasses P1 billion mark in transaction volume in 2021
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 uses Zoloz’s eKYC solution to provide seamless digital banking services
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 […]
‘Buy Now Pay Later’ platform BillEase closes $11 million in Series B round
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 […]
Achieve your 2022 financial goals with ShopeePay
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 […]
Tonik taps Google Cloud to scale up fintech infrastructure
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, […]
SG-based ASEAN Fintech Group acquires PH payments startup JazzyPay
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 […]
PayMaya introduces ‘PayMaya Verified Sellers’ feature
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 […]
Kwik.insure partners with GCash for CTPL, comprehensive car insurance
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, […]
UnionBank caps off year with rundown of accomplishments amid pandemic
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 […]
Scale up your business with PayMaya and Shopify
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 […]
Tonik secures $100 million in consumer deposits in 8 months
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 Philippines appoints EJ dela Vega as GM to ramp up expansion
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 […]
Xendit to introduce more financial services in 2022
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 […]
Pru Life, CIMB Bank partnership provides Filipinos with easy access to financial services
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 […]
Lending app Tala launches flexible credit feature for Filipinos
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 launches campaign to strengthen financial empowerment
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 partners with Ayannah to enable O2O remittances in PH
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 […]
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