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Welcome the country’s newest neobank.
The Bangko Sentral ng Pilipinas has granted a digital banking license to GOTyme, a partnership between the Gokongwei group and Singapore-based digital banking group Tyme. It is so far the fifth neobank or digital-only bank that the BSP has approved after the ...
 
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A big step for a homegrown startup.
Filipino startup Nextpay has raised $1.6 million (around P80.6 million) in a seed round funding, the company announced Wednesday. The funding was led by Singapore-based venture capital firm Golden Gate Ventures and Gentree Fund, the private investment vehicle of the Sy family ...
 
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NextPay provides easy and affordable financial services to growing companies.
Filipino fintech startup NextPay announced that it has received a pre-seed investment of $125,000 (about P6 million) from Silicon Valley-based startup accelerator Y Combinator.Y Combinator is best-known for investing in some of the best-known and most successful startups, including Stripe, Airbnb, DoorDash, ...
 
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It’s between an Indonesia-based and Philippines-based startups.
For many people, paying for something on installment or “gives” is unavoidable. Luckily, more merchants and establishments are making this option available, and not just through a credit card. A new payment solution was announced by Indonesian fintech (financial technology) platform Xendit through ...
 
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Speakers from the region’s biggest tech giants are scheduled to appear.
The country’s first ever Philippine Fintech Festival (PFF) is taking place on May 20 to 21, 2020, at Shangri-La at The Fort, Bonifacio Global City. With the Philippines being pitched as an emerging hotbed for financial and technological innovations, the PFF is ...
 
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It’s the Facebook of the stock market.
Ninety-four percent of the world’s wealth belongs to the richest 20 percent, according to the Wall Street Journal. That means that the poorest 80 percent are sharing six percent of the world’s wealth between them. To put things into even more perspective, ...
 
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Cashalo's Hamilton Angluben says they're reaching the borrowers that banks aren't able to.
As hard as it is to earn money, it's even harder to borrow it.For many people, the first step of presenting documents and IDs required by banks and other formal financial institutions to apply for a loan is already a hurdle that's ...
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