Philippines
Fintech Paywatch secures $30m in series A funding round
Fintech Paywatch secures $30m in series A funding round
Vanderbilt University and Third Prime led the investment round.
Overseas Filipinos’ personal remittances up 3.1% in April
Remittances from the US, Saudi Arabia, and Singapore all grew.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Philippines' liquidity at 5.6% YoY in April
It was slower than the 5.7% YoY in March.
Filipinos collectively spent 42 years on digital lending apps in 2023
About 63.4% of the time was spent on platforms offering personal loans.
Philippine’s bank loans expand by 9.6% YoY in April
It was higher than the previous month’s 9.4%.
Philippines’ Remolona warns of oil prices, interest rates as financial stability risks
The financial stability council also warned of geopolitical risks.
GoTyme Bank launches multi-currency time deposit with $1 minimum
The Philippine-based digital bank promises interest rates between 3% to 3.5%.
Philippine central bank eyes developing local capital markets
It will help make the financial system more resilient, the BSP Governor said.
Wise launches in the Philippines with fee-free money transfer service
Users can receive and spend money internationally and create up to 3 cards.
CTBC Bank PH unveils redesigned web interface and mobile banking app
The app features personalised widgets and customisable features.
PH banks’ total assets expanded 9.2% to $439.3b in 2023
Both lending and investing activity grew during the period.
PH fintech BillEase integrates QRPh in platform with AUB partnership
BillEase customers can now pay at over 600,000 QRPh-accepting merchants.
Philippine loan officer fined for violating lending regulations
The officer was an employee of the now closed Ruran Bank of Buguias (Benguet).
PH banks maintained loan standards in Q1
An estimated 3 in 4 banks maintained credit standards for housing loans.
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Thought Leadership Centre
Most Read
1. DBS rolls out agentic AI credit tool to 1,500 staff globally 2. DBS sees millennial wealth clients triple in H1 2026 3. Singapore plans 2027 tax break for fund managers’ profit-linked returns 4. DBS, IBF sign first MOU on AI skills for finance sector 5. Why APAC is building home-currency stablecoinsResource Center
Read Here
Advertise
Sign Up
Event News
Inside MatchMove’s win at the Asian Banking & Finance Fintech Awards 2026
Amar Abrol on MatchMove’s lending infrastructure, and why speed and focus are reshaping fintech.
Commentary
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away