News

September 26, 2022 – BillEase, one of the fastest-growing consumer finance apps in thePhilippines, today announced a successful gathering of its top merchants through a masterclassin partnership with MoEngage, a global insights-led customer engagement platform.

As a rapidly growing shop now, pay later platform in the Philippines, BillEase continuouslystrengthens its relationship with merchants and end consumers.…

Artifract, previews the country’s first Fine Arts NFT collection featuring Juvenal Sansó

MANILA, Philippines — The first Fine Arts NFT collection in the country, showcasing the work of Juvenal Sansó, was sold out at a special dinner by Artifract, an arts NFT platform developed by UBx and operated by Unit 256.

Fundacion Sanso, a non-profit organization that…

by: Michelle Ong and Jekki Pascual, ABS-CBN News

source: https://www.bworldonline.com/banking-finance/2022/09/15/474624/maya-bank-hits-p5b-in-deposits-over-650000-customers-in-three-months/?amp&fbclid=IwAR3H1e5CVWv-an__55kprEAnS07102HOcjr75fiffamPHuQvCc1MkG61s74

MANILA (UPDATE) – Users of GCash will soon be able to invest in the stock market after the Ayala-led fintech partnered with the Philippine Stock Exchange and AB Capital.

PSE President Ramon Monzon, along with GCash president Martha Sazon and other officials made the official announcement on Tuesday,…

by: BusinessWorld

source: https://www.bworldonline.com/banking-finance/2022/09/15/474624/maya-bank-hits-p5b-in-deposits-over-650000-customers-in-three-months/?amp&fbclid=IwAR3H1e5CVWv-an__55kprEAnS07102HOcjr75fiffamPHuQvCc1MkG61s74

DIGITAL LENDER Maya Bank, Inc. recorded over 650,000 customers and P5 billion in deposit balances as of end-July, just three months after its launch.

“Our strong growth validates the market preference for an all-in-one money experience. Through disruptive offerings, bold marketing, and our extensive ecosystem, we are bringing progressive financial services closer to consumers, enterprises,…

by: billease

Manila, Philippines – BillEase, the top buy now, pay later (BNPL) and consumer finance app inthe country, and BrightCHAMPS, the global leader in transformative digital education in next-gen skills, today announced the launch of a partnership to bridge learning gap through a studynow, pay later option.

Through BillEase, customers can choose from the world’s first…

by: Fintech News Singaporesource: https://fintechnews.sg/improving-predictive-modeling-accuracy-for-fintechs-with-data-centric-ai/

Why Data Enrichment and Feature Engineering Make the Difference for Predictive Modeling Quality

A Guide to Fintechs for Improving AI with a Data-Centric Focus

The AI market is booming, and data scientists in the fintech industry who have advanced the craft of combining data and code to solve complex, important problems must be…

by: BusinessMirrorsource: https://businessmirror.com.ph/2022/09/14/more-talents-seen-to-boostphl-fintech-industry-group/

THE Philippines needs more talent to enhance its financial technology (fintech) industry, according to its leading official.

Angelito M. Villanueva, chairman of the Fintech Alliance.Ph, told the BusinessMirror that developing young talents who are passionate about digital technology and fintech is the first step. Villanueva added the academy will play a key role in…

by: Fintech News Philippines

source: https://fintechnews.ph/56682/financial-inclusion/rcbc-atm-go-now-covers-all-81-provinces-in-the-philippines-through-1400-terminals/

The Rizal Commercial Banking Corp’s (RCBC) community-based financial service ATM Go is now servicing all 81 provinces in the Philippines through over 1,400 ATM Go terminals and 1,000 partner merchants across the country.

As of end August this year, ATM Go recorded transactional volume in excess of P6.2 billion, growing 32% from…

by: TechInAsiasource: https://www.techinasia.com/billease-finance-app-secures-20m-debt-facility-helicap

Finance app BillEase has banked a US$20 million debt facility from Singapore debt investment firm Helicap Securities. The raise brings the Philippine-based lender’s total amount raised to US$55 million in debt and equity, according to a statement.

BillEase’s platform allows users to acquire personal loans, top up their e-wallets, and purchase gaming credits. The firm also…

by: Fintech News Philippines

source: https://fintechnews.ph/56637/blockchain/gcash-partners-roxe-to-provide-affordable-blockchain-based-cross-border-payments/

Blockchain infrastructure company Roxe announced that it has partnered with G-Xchange’s GCash to enable affordable cross-border payments.

The partnership connects GCash to Roxe’s blockchain-based payment network, where users from around the world can send funds to GCash’s customers.

Roxe says that it provides a better mid-market exchange rate to remittance senders compared with other cross-border…