UBX doubling workforce in 2022

UBX doubling workforce in 2022

Open finance platform UBX plans to add over 200 employees, more than doubling its workforce in the country this year, to serve more consumers and businesses.

“Despite the pandemic, we were able to grow our workforce to a little over 200 in 2021," disclosed UBX Chief Human Resources Officer Gladys Ocampo.

"We are ramping up our hiring initiatives to reach our target headcount of 500, as we implement our growth strategies and expand our spectrum of financial services throughout 2022,” she confirmed.

Last year, UBX, a three-year old startup backed by UnionBank of the Philippines of conglomerate Aboitiz Group, recorded an annual gross transaction value of P20 billion.

The company served over 200,000 business to business customers, partnered with more than 2,000 independent banking agents and 250 financial institutions.

This allowed UBX to quintuple its revenues last year and it expects to continue the momentum in 2022.

UBX will launch more financial solutions ranging from payments, banking services, savings and insurance, identity verification and credit scoring, as well as cryptocurrencies.

UBX plans to mount open house roadshows in key areas outside the National Capital Region (NCR) and scout for tech talents in Iloilo, Cebu, Davao, and Cagayan de Oro.

“We are looking for people who share our mission of embedding financial services into the activities and experiences, as well as giving access to the unserved and the underserved market,” Ocampo noted.