Philippines

Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. Situated in the western Pacific Ocean, it consists of about 7,641 islands that are broadly categorized under three main geographical divisions from north to south: Luzon, Visayas and Mindanao.

Source: en.wikipedia.org

Philippines Targets 50% Digital Payments By 2023 

Philippines Targets 50% Digital Payments By 2023 
Philippines Targets 50% Digital Payments By 2023 
December 28, 2021  |  Digital Payments

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Tuesday (Dec. 28) once again expressed confidence that half of all retail payments across the...

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Philippines Central Bank Exploring Regional Payment Network
Philippines Central Bank Exploring Regional Payment Network
November 12, 2021  |  Cross-border Payments

Philippine central bank Bangko Sentral ng Pilipinas (BSP) is looking into creating a cross-border payment network across Singapore, Malaysia and Thailand, according to an ABS-CBN...

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Filipino FinTech Mynt Nets $300M in Funding on $2B Valuation
Filipino FinTech Mynt Nets $300M in Funding on $2B Valuation
November 01, 2021  |  Investments

Mynt, a digital financial solutions provider based in the Philippines, which puts out the Gcash payment services app, has raised $300 million in a funding...

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GCash Sees Surge in eWallet Use in the Philippines
GCash Sees Surge in eWallet Use in the Philippines
September 28, 2021  |  Cross-border Payments

Mobile wallet company GCash is aiming to remove friction from financial services in the Philippines where consumers have seen challenges, according to a press release....

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Philippines Grants Digital Banking License to PayMaya
Philippines Grants Digital Banking License to PayMaya
September 20, 2021  |  Banking

The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved a digital banking license for the FinTech PayMaya. The company, an arm...

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Western Union Debuts Money Transfers Through UnionBank App In Philippines
Western Union Debuts Money Transfers Through UnionBank App In Philippines
August 11, 2021  |  Digital Payments

Global money movement and payment company Western Union and financial services provider PERA HUB have integrated Western Union’s digital money transfer tools into the UnionBank...

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Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
June 28, 2021  |  Banking

Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its...

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Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
March 23, 2021  |  Investments

Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com...

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