Tag "remittance"

UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines

UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a

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Philippines’ Cryptocurrency Enabled Wallet Can Now Accept Western Union Transfers

Blockchain-based financial services company Coins.ph and  Western Union have teamed up to allow the fintech startup’s five million customers receive international and domestic money transfers directly into their mobile wallets in the Philippines. The collaboration was announced following news of

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Ripple Backs Philippine-Focused Remittance Firm SendFriend in $1.7M Funding

SendFriend, a Philippine-focused remittance market startup, has raised up to US$1.7 million capital in a venture round backed by blockchain giant Ripple also known as the cryptocurrency XRP. Other leading investors include the MIT Lab, Mastercard Foundation, Barclays, Techstars, Mahindra

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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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Philippines: BSP Accredits 6th Virtual Currency Exchange

The Philippine central bank has issued another virtual currency exchange (VCE) license to a blockchain company, now the 6th in the country, even as the Securities and Exchange Commission (SEC) has set the launching of its draft of crypto-trading rules.

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Top 14 Funded Fintech Startups In The Philippines

Fintech startups have been popping up in the Philippines these past few years and many of them have attracted angel investors, venture capital firms, including people in the private debt space, seeing potential in their platforms meant to boost financial

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Philippines Remittance Market Gets a Booster from Blockchain-Powered Remittance Services

The Philippines’ remittance and international money transfer industry, the third largest globally, is getting a booster from two latest developments in blockchain-backed remittance services. They come from recent business partnerships done by Jack Ma’s Ant Financial Services Group (Ant) and

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Top 5 Fintech Philippines News of the Week (CW 19)

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: Creation of a Fintech City

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Top 5 Fintech Philippines News of the Week (CW 15)

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: SEC warns investing in unregistered

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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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