Tag "Philippines"

There Are 41 Crypto Businesses Licensed in Philippines Right Now

Philippines has been taking active steps recently to reform its regulation in efforts to position itself a crypto friendly regime . The country’s central bank, Bangko Sentral ng Pilipinas (BSP), released its rules for domestic exchange in February 2017, seeking

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Fintech Set to Enter a New Phase in the Philippines

Strong fundamentals, a supportive regulator and a comprehensive cell phone coverage, are some of favorable attributes of the Philippine market set to drive the digital transformation of the country’s financial sector, according to a report released earlier this month by

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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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PH Fintech Acudeen Taps Blockchain Frenzy With New Platform And Crypto Token

Acudeen Technologies, a Filipino startup offering an online technology platform that connects small and medium-sized enterprises (SMEs) to financial institutions through invoice discounting, is conducting a token sale to raise up to US$35 million. The company’s initial coin offering (ICO)

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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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8 Fintech Startups In The Philippines To Keep An Eye On This Year

The Philippines is believed to be an attractive market for the introduction of digital banking and fintech solutions, thanks to its young population, high Internet penetration rate, and yet low digital payments adoption. Numerous fintech players have entered the market

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