Philippines

Philippine Banks on Fintech: What are They Doing?

Now seen by many as inevitable, the consolidation and cooperation between traditional banks and fintech players are becoming more frequent in the Philippines. No less than the Philippine central bank or Banko Sentral ng Pilipinas (BSP) has constantly been urging

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Top 5 Fintech Philippines News of the Week (CW 11)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also you can subscribe to our monthly Fintech PH Newsletter here. Here we go: CIMB partners PLDT units FINTQ,

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Malaysia’s Second Largest Bank Partners Bayad Center and FINTQ in the Philippines

CIMB Bank Berhad (“the Bank” or “CIMB”), through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with CIS Bayad Center Inc. (“Bayad Center”) and FINTQnologies Corp (“FINTQ”), both affiliates

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Pacquiao is latest CryptoCeleb, invests in GCOX

The cryptocurrency world has gained another giant celebrity endorsement with Filipino boxing legend Manny “Pacman” Pacquiao becoming an investor of a new cryptocurrency exchange GCOX. Pacquiao just took the same path of so-called “CryptoCelebs” that invested in cryptocurrencies for the

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Top 5 Fintech Philippines News of the Week (CW 10)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also you can subscribe to our monthly Fintech PH Newsletter here. Here we go: FINTQ rolls out 1

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Top 5 Fintech Philippines News of the Week (CW 9)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:   Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Here we go:   Qwikwire Claims Biggest Funding Round   Cross-border property solutions platform Qwikwire claims to

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Sweetbridge foresees Philippines thriving as a Digital Economy

Sweetbridge Inc, a blockchain movement in the US, is expecting the Philippines to become a successful digital economy. The group’s strategic communications director Aaron Stanley shared his vision during a visit in Cebu City together with Sweetbridge CEO Scott Nelson

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Qwikwire Claims Biggest Funding Round

Cross-border property solutions platform Qwikwire claims to have concluded its biggest funding round led by First Asia Venture Capital, and Cerebro Labs, but declined to give figures. The 500 Startups-backed company said investors from the US and Japan, and others

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‘Sachet culture’, mobile phones, favor PH fintech growth

The widespread use of mobile phones and the “tingi” or sachet culture in the Philippine retail market provides a fertile environment for financial technology companies, according to Anthony Thomas, president of Mynt, a unit of Globe Telecom. “Filipinos like transacting

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BSP: Branchless banking app usage needs special license

Banks seeking to use a mobile app that promises to enable them to expand their businesses without building any physical branches, are required by the Bangko Sentral ng Pilipinas (BSP) to obtain a special license, the BusinessMirror reported. The app’s

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