Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
PayMaya pushes for more cashless-transaction solutions
DIGITAL-payments provider PayMaya Philippines has rolled out mobile-payment technologies in over 350 business establishments enabled by Smart Wi-fi, as it continues to campaign for the use of cashless tech in the country. (Read more )
BPI ties up with WorldRemit to target OFW remittances
MANILA, Philippines – Ayala-led Bank of the Philippine Islands (BPI) partnered with UK-based remittance giant WorldRemit in a bid to capture more of the overseas Filipino worker (OFW) remittance market. (Read more)
Altcoins Increasingly Popular among Traders
Bitcoin (BTC) is the poster child of digital currency. It dominates the trading arena, with a market cap of some $70 billion, in a digital currency market worth an estimated $145 billion. (Read more)
Philippines: Cocoon Capital makes seed funding in ecommerce startup Poundit
Singapore-based venture capital firm Cocoon Capital has made its business debut in the Philippines, investing over $629,700 (S$850,000) in a seed round for local e-commerce startup Poundit formerly YouPoundit. (Read more)
Fintech Solutions for Digital Nomads
Digital nomads are ever more numerous. They have special needs, notably in terms of financial services. (Read more)
