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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. ...
No need to visit a branch to open a savings account.
The Bank of the Philippine Islands (BPI) is strengthening its position as one of the most accessible banks in the Philippines, with a new partnership that will make its services available in retail stores, including shopping malls and supermarkets. BPI has tapped ...
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, ...
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 ( ...
Mober offers sustainable logistics services with its all-electric vehicles.
Mober, an electric vehicle startup in the Philippines, is set to expand its fleet after securing an investment of $6 million (P350 million) from the Southeast Asia Clean Energy Facility II (SEACEF II). The funding allows the company to increase the number ...
No initial deposit and maintaining balance required.
Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that ...
But the report points out there are limited opportunities for the public to engage in formulating and implementing the budget.
The Philippines is, apparently, the most transparent among all Asian countries in disclosing where public funds go. For some, this could be seen as a "surprise" improvement, given controversies hounding the government on the use of appropriations. But according to global nonprofit ...
The homegrown coffee chain is the 33rd company to become part of the network, joining the likes of Bo's Coffee and Zark's Burgers, among others.
Pickup Coffee is gearing up to broaden its market in the Philippines even more as it joins Endeavor's network of "high-impact" global entrepreneurs.Endeavor made the announcement at the 99th International Selection Panel held in Nairobi, Kenya from May 22 ...
The Anti-Bill Shock loan allows power distributors to spread out incremental increases in customers’ bills by up to nine months.
Facing due dates is like beating deadlines at work, except you spend money to pay for your bills. For a lot of people, it could be stressful and frustrating, especially when you know you've been consuming so much - whether that's ...
Equity investment for startups in the region dropped by 41 percent in the first quarter.
Most startups across Southeast Asia have gotten off to a rocky start this year. A study from the Singapore-headquartered media company Deal Street Asia revealed fundraising for startups are the lowest it's been in half a decade.Startups in the ...
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Did you know that only six neobanks are Bangko Sentral ng Pilipinas-approved?
With preference growing for online transactions, it's only a matter of time until digital banking becomes more mainstream. (Well, that's if it isn't yet already.)While so many options for electronic payments have emerged, only six digital banks have ...
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