Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
Bitcoin Use Grows In Philippines, Regulators Flex Muscle
The Bangko Sentral ng Pilipinas has released guidelines on cryptocurrencies including bitcoin, as transactions involving digital coins grew, an official said. (Read more)
Czech Fintech Firm To Invest P18.6 Billion
Image via facebook.com/homecreditph
PRAGUE, Czech Republic-based Home Credit, a leading financial-technology (fintech) company and one of the biggest Czech firms operating in the Philippines, is looking to invest an additional P18.6 billion as it expands its operations in the country. (Read more)
Philippines: Fintech Firm Tagcash Targets To Raise $16m Via ICO
Micropayments platform Tagcash is seeking to raise up to $16 million (P800 million) through its initial coin offering (ICO). (Read more)
Appsolutely Launches The Loyalplatform, Loyalcoin And Loyalwallet; Using Blockchain To Usher In The New “Loyalty Economy”
Image via facebook.com/appsolutelyph
Appsolutely, the blockchain omnichannel loyalty solution, today unveiled its LoyalPlatform, LoyalCoin (LYL) and LoyalWallet, to unify the complex and disconnected $1.68 billion loyalty industry and ensure that the value of “rewards” is converted into commerce. (Read more)
Lenddo and EFL Team Up to Lead Financial Inclusion Revolution
Lenddo and Entrepreneurial Finance Lab (EFL), leaders in credit decisioning for emerging markets, today announced they are joining forces. Lenders will use the combined company’s unique platform to provide individuals worldwide with unprecedented, affordable access to convenient financial products. (Read more)
