President Marcos has encouraged the financial technology sector to continue working towards making the country a fintech innovation hub. In his speech at the opening of the Manila Tech Summit 2025 in Taguig City on Aug. 26, Marcos conveyed his vision about the Philippines being a financial...
British financial technology (fintech) giant Revolut is set to enter the Philippine market by establishing its second Global Tech Hub in Asia, as part of its goal to reach 100 million customers worldwide. In a statement released on Wednesday, July 30, the Department of Finance (DOF) said the entry...
Financial technology firm Skyro Lending, Inc. reported that it is slowly gaining traction from local and international banks to help finance its business growth throughout this year. In a roundtable discussion on Tuesday, April 29, Nasim Aliev, co-founder and co-chief executive officer of Skyro,...
As the Philippines navigates the digital age, the financial technology sector is witnessing a major transformation. Recent studies indicated a surge in the adoption of financial mobile apps among consumers. For many Filipinos, the shift to digital finance has made managing money more...
The Philippines and India have sealed a partnership in Financial Technology (FinTech) as the two countries see the need for cooperation to share and learn from each others' expertise and potentials. Department of Finance (DOF) Secretary Benjamin Diokno and Indian Ambassador to the Philippines...
The Department of Finance (DOF) wants financial technology (Fintech) companies in the country to be properly regulated and taxed while encouraging the sector’s growth and continued innovation. In a statement, DOF Secretary Carlos G. Dominguez III said Tuesday, Nov. 16, that he has tasked the...
Financial technology (fintech) companies in the Philippines are poised to overtake brick and mortar banks, debt-watcher Moody’s Investors Service said. In a commentary on Thursday, July 15, Joyce Ong, Moody’s analyst said that fintech has “abundant room” for growth in the country as 70...
