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Tag: Fintech

Industry Verticals News

Maya raises personal loan limit to ₱400,000 through fully digital application

Maya has increased the borrowing limit of its Maya Personal Loan product to up to ₱400,000, giving eligible users greater access to financing through a fully digital lending process. The enhanced offering allows borrowers to apply directly within the Maya app without submitting paperwork or collateral. Approved loan proceeds are credited directly to the user’s […]

Industry Verticals News

Fiuu strengthens Southeast Asia payments network with JCB Direct Acquiring license

Fiuu and JCB leaders mark the milestone following Fiuu’s securing of the JCB Direct Acquiring license across Malaysia, Singapore, and the Philippines. From left to right: Daniel Han (Head Acquiring, JCB International Asia Pacific Pte Ltd, Malaysia Branch), Kenta Yanase (Country Manager, JCB International Asia Pacific Pte. Ltd., Malaysia Branch), Shimpei Yamaguchi (Managing Director of […]

Industry Verticals News

EastWest expands digital FX services as retail forex demand grows

At the Alpha Southeast Asia 19th Treasury and FX Awards, Janina Cudia, FMDG Metro Manila Sales Head, and Mylene Subido, Head of the Financial Markets Distribution Group, accepted the Best FX Bank for Retail Clients award on behalf of EastWest. EastWest is accelerating the digital transformation of its foreign exchange (FX) services as it expands […]

Industry Verticals News

GoTyme Bank reaches 10 million users, expands digital financial services

Digital bank GoTyme Bank has surpassed 10 million users just over three years after its launch, underscoring the growing adoption of digital-first banking in the Philippines. The milestone is backed by more than P53 billion in customer deposits, reflecting strong customer engagement across the bank’s ecosystem, which includes debit banking, digital payments, credit, investments, remittances, […]

Industry Verticals News

PLDT Global Expands Digital Platforms to Help Brands Reach Overseas Filipinos Worldwide

PLDT Global is strengthening its push into the overseas Filipino market by positioning its platforms, TinBo and Vortex PH, as end-to-end solutions for brands seeking to engage Filipinos living and working abroad through digital commerce, advertising, and connectivity services. The company said the growing overseas Filipino community presents a major opportunity for Philippine businesses looking […]

Industry Verticals News

Southeast Asia E-Commerce Market Set to Reach $289.8 Billion by 2029, IDC Study Finds

Southeast Asia’s e-commerce industry is poised for massive growth, with the market projected to reach US$289.8 billion by 2029, according to a new IDC study commissioned by 2C2P by Antom. The report positions Southeast Asia as the world’s second fastest-growing e-commerce market, recording a 13.2% compound annual growth rate (CAGR) from 2024 to 2029, trailing […]

AI Industry Verticals News

Ant International Connects 150M Merchants and 2B Accounts, Expands AI-Powered Fintech Ecosystem at MoMents 2026

Ant International CEO Peng Yang shares the company’s global strategy for the era of AI commerce. Ant International has revealed that its global ecosystem now connects more than 150 million merchants and over 2 billion user accounts worldwide, underscoring its growing dominance in digital payments and financial technology. The announcement was made at the company’s […]

Industry Verticals News

Salmon Group Secures $100M Funding to Scale Digital Banking and Lending Platform in the Philippines

Salmon Group has raised $100 million in a combined equity and debt financing round to accelerate the growth of its technology-driven banking and lending platform in the Philippines, highlighting strong investor confidence in the country’s fast-evolving digital finance sector. The funding round—comprising $60 million in equity and $40 million in public bonds—was oversubscribed, signaling robust […]

Industry Verticals News

GCash, Ant International, IFC Develop AI-Powered ESG Scorecard to Boost MSME Sustainability in the Philippines

Ant International, International Finance Corporation (IFC), and GCash are collaborating to develop a Sustainability Impact Scorecard aimed at helping micro, small, and medium enterprises (MSMEs) in the Philippines track and improve their environmental and social performance through digital tools. At the Memorandum of Understanding signing of Ant International, IFC, and GCash (from left): IFC East […]

Industry Verticals News

EastWest Ageas Leverages Data Insights to Address Filipinos’ Low Savings and Insurance Gap Amid Rising Inflation

PHOTO CAPTION: (L–R) Chief Distribution and Marketing Officer Greg Martin, EastWest Ageas President and CEO Sjoerd Smeets, Product Management Head Jessa Cuaresma, and Marketing Strategy Head Paul Jason Jaud. EastWest Ageas is using data-driven insights to expand financial inclusion efforts as new research reveals that most Filipinos hold only around ₱50,000 in emergency savings—an amount […]

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