Philippines

Unacash unveils installment loans in the Philippines

Customers can apply for loans up to approximately $886.
6 days ago

Unacash unveils installment loans in the Philippines

Customers can apply for loans up to approximately $886.
6 days ago

PH-based Allbank and Salmon Group unveil QR PH-enabled payment solution

It eliminates the need to input details manually for traditional payments.

BPI Private Wealth aims to double assets and capture 25% local HNW market

CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

BSP says ‘Currency Computing Mining Machines’ not under its purview

The Philippine central bank also warned against SKPOOLS MINING CORPORATION.   The Philippine central bank has warned the public against “Currency Computing Mining Machines”, saying that these are not within its purview.

Philippine neobank Zed offers credit card with no interest and no annual fees

It has reportedly received 25,000 sign-ups within three weeks.

BDO reports 28% higher net income of $1.32b in 2023

Consumer loans and deposits both rose during the period.

Philippine central bank denies issuing directive re “stamped” US dollar notes

It reminded the public to remain vigilant against bogus information.

Philippine bank lending up 7.8% in January: central bank

Salary-based loans and motor vehicle loans pushed consumer loans to a 25.2% growth.

Digido has served 1 million customers

Over 3 in 4 of the loans disbursed in 2023 were from repeat customers.

BSP okays adoption of sustainable finance taxonomy guidelines

It has a “traffic light system” in classifying if finance activities are SFTG-aligned.

PH’s Security Bank digitising its wealth management platform

The bank has partnered with Avaloq to automate and standardize the WM workflows.

Fintech UNOAsia raises $32.1m in pre-series B round

It will support efforts to scale up UNO Digital Bank in the Philippines.

BPI, Helios roll out solar mortgage program in the Philippines

It has a 7% interest rate and has already onboarded 100 new homeowners.

German, Philippine central banks ink MOU for personnel training

Deutsche Bundesbank will carry out training services and advisory assistance for BSP personnel.

SG AI fintechs score funding wins amidst fintech investment downturn

This bucked the global trend, where AI fintechs overall clinched less investments.

PH central bank optimistic it’ll achieve digital payment targets

The country aimed to have 50% of all retail payments be digital by end-2023.

PH bank AUB takes e-wallet overseas with Alipay+ partnership

HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.