Philippines

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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The Philippines Sees Rising Startup Ecosystem: Study

The Philippines’ startup ecosystem is growing rapidly with more and more young professionals starting their own ventures. According to a study by QBO Innovation Hub and PwC Philippines, there are now more than 300 startups in the country, most of

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ICO in Philippines Gaining Ground in Fintech Regulation

Developments about fintech regulations in the Philippines seem to be working to the advantage of fintech companies who do ICOs. Unlike in China where ICOs were banned in the country’s capital markets last year, the conduct of ICO in the

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Top 5 Fintech Philippines News of the Week (CW 8)

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: Top 10 Digital Trends Impacting Philippines in 2018 and Beyond IDC Philippines announced its

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Top 10 Digital Trends Impacting Philippines in 2018 and Beyond

IDC Philippines announced its top 10 predictions for the Philippine ICT industry for 2018 and beyond. This year’s predictions highlighted the maturity and growth of the Philippines’ digital economy as many local organizations are accustomed to leveraging strong digital innovation

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PH Remittance further widens Fintech Horizon

Once again, remittances from overseas Filipinos surpassed its year-on-year record, giving a wider horizon for financial technology (fintech). The Philippine central bank or Banko Sentral ng Pilipinas (BSP) announced last Thursday, February 15, that cash remittances of overseas Filipinos increased

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Top 5 Fintech Philippines News of the Week (CW 7)

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:   UnionBank embraces tech behind bitcoin in digital pivot If a

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