Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
10 Fast Growing Fintechs in the Philippines
IDC Financial Insights unveiled a list of 10 fast growing fintechs in the Philippines, part of the broader FinTech 101 list for Asia/Pacific. (Read more)
‘Continuity Plus Plus’ Pushed by BSP Chief
Monetary authorities will pursue “progressive and proactive prudential reforms” to maintain the country’s resilience against external shocks, the chief of the Bangko Sentral ng Pilipinas (BSP) said. (Read more)
Southeast Asia’s fintechs: Target the underbanked
The region’s affluent classes are well served by traditional banks. But fintech firms hope to gain a foothold in financial services through customers that have been left behind. (Read more)
Peppermint Innovation rolling out payment gateway services in Philippines
Peppermint Innovation Ltd (ASX:PIL) has signed a key agreement with Philippines based United Coconut Planters Bank (UCPB) to roll out internet payment gateway (IPG) services in the Philippines. (Read more)
Ant Financial, Ayala close Mynt deal
GLOBE Telecom Inc. announced on Wednesday that Ant Financial Services Group, the financial technology company of Alibaba’s Jack Ma, had completed the transaction to buy a 45 percent stake in Globe Fintech Innovations Inc. (Mynt), a unit of Globe. (Read more)
