Philippines

GrabPay Wallet Expands in the Philippines

As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet in the

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17 E-Wallets in The Philippines You Should Know

“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial

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PLDT’s Voyager Seals US$40M Investment from IFC

Voyager Innovations, the fintech arm of the Philippines’ top digital telecommunications firm PLDT Inc, has sealed a US$40 million investment from International Finance Corp (IFC), and IFC Emerging Asia Fund with both acquiring a minority stake in the company. Voyager

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Philippines: 4 Fintech, Blockchain Events for November 2018 to January 2019

Here are selected Fintech and Blockchain Events in the Philippines for November to December 2018. If an important event is missing, send us an Email or comment on this post. AGSB Month: Finance Game Changers November 17, 2018 Ateneo Professional

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35 Innovative Fintech Founders in the Philippines

Despite the Philippines’ catch up internet speed, mobile connectivity, and financial inclusion, it has attracted and inspired many innovative people in the business and technology sectors who saw all these problems as opportunities in disguise. Latest statistics showed that in

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The Philippines Fintech Report 2018

With a population of over 100 million, just 31% of adults having a bank account, and a mobile penetration of 58%, the Philippines is a fertile ground for fintech innovation. Currently, only 4% of all transactions are made online in

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Grab’s E-Wallet Will Come With a Mastercard-Enabled Prepaid Card By 2019

Grab, which started out as a Southeast Asian ride-hailing platform that has since delved into “super-app” ambitions, announces a partnership with Mastercard. The pair will be issuing joint prepaid cards geared for the Southeast Asian market. Grab will be issuing

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This Solutions Bring Cruise Line Employees Cash Payouts to Over 15,000 Locations in the Philippines

Brightwell Payments, a FinTech company that helps global workers get paid as well as send and spend money safely and easily worldwide, announced a partnership with Transpay, the cross-border payment company. Brightwell users around the world can now send money cross-border to

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PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent

Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest

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PH Fintech Startup First Circle Raises $26m, Launches Credit Facility For SMEs

Philippine-based fintech startup First Circle has raised fresh investments of $26 million (P1.5 billion) in a Series A round led by Venturra Capital even as it launched a new credit facility backed by the Department of Trade and Industry (DTI),

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