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More articles about: fintech
Kaya Founders' study showed that Filipinos holding bank accounts fell to 34 percent in 2024 from 46 percent in 2021.
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Salmon aims to revolutionize banking in the region through AI
Salmon Group Ltd., a rising leader in financial technology and financial inclusion in the Southeast Asian region, announced that it has raised $88 million (about P5 billion) in combined funding to drive the Philippine fintech industry.The deal consisted of a $60 ...
The two local fintech companies are collaborating on a payments solution promoting more frictionless transactions for companies.
Just weeks after announcing a strategic partnership with tech solutions provider Mosaic Solutions, leading local fintech platform Paymongo has now inked a new collaboration with rising fellow fintech startup Mochi to improve payment and billing processes for their clients. According to a ...
Here’s the story of fintech startup OneLot, which supports family-owned used car dealerships in the Philippines.
If you've given up on public transportation but can't afford a brand-new vehicle just yet, buying second-hand is the way to go. The used car market in the Philippines is one of the fastest-growing in the world, ...
Early access starts in September.
Rakuten Viber is set to launch Viber Pay in the Philippines soon, making it the first messaging app in the country to offer a fintech feature. Already available in Germany and Greece, Viber Pay will enable users to check balances, send money, ...
Just link your GCash, Maya, UnionBank, or BPI account.
Salmon, one of the growing financial technology startups in the Philippines, has just introduced an auto-debit feature for its credit products. This would now allow consumers to link their GCash, Maya, UnionBank, or Bank of the Philippines (BPI) accounts to the ...
A "pay later anywhere" card is in the pipeline for countries including the Philippines.
Atome Financial, a leading financial technology platform in Southeast Asia, has secured a new loan facility from Singapore-headquartered EvolutionX Debt Capital. The investment, which hopes to raise an additional $100 million through a syndicate of investors, has a three-year term. ...
The latest investment worth P410 million is from World Bank Group's International Finance Corporation.
Financial technology company First Circle has secured P410 million ($7 million) in investment from Washington-headquartered International Finance Corporation (IFC). The capital will allow the fintech to raise funds to expand its loan book for small and medium enterprises (SMEs). For IFC, ...
The company hopes to raise $200 million in processed payments globally this year.
BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...
Unique users of these platforms also surged by 64 percent to 47.5 million.
There's nothing surprising about seeing people shifting to digital lending platforms when applying for credit cards is just too much work. (And the chance of getting approved is not so high either.) This is especially true in the Philippines, where most ...
The fintech startup claims to offer the "highest" foreign exchange rates.
Financial technology startup Elevate has raised additional funding worth $5 million (almost P293 million) to expand its operations and cater to more freelancers in the Philippines. The platform simplifies the process for self-employed workers to receive payments in U.S. dollars ( ...
Partner retailers will now have the opportunity to use the loans from the Yuchengco-led bank for their businesses.
There is a new lending option that aims to support micro, small, and medium enterprises (MSMEs) in the Philippines, as entrepreneurs continue to struggle to get access to loans. Through its team-up with financial technology solutions provider TrueMoney, the Yuchengco-led ...
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The funding, whose exact amount was undisclosed, also enables Beppo to acquire five pioneering bookkeeping firms.
Financial technology startup Beppo has acquired online tax platform JuanTax after closing a pre-seed funding round led by Wavemaker Partners. The amount, in which unidentified angel investors pitched in, was not disclosed.The capital also enabled Beppo to acquire five pioneering ...
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