Payments infrastructure firm Xendit secures $150m funding round
Company plans to expand beyond its Indonesian and Philippines strongholds.
Company plans to expand beyond its Indonesian and Philippines strongholds.
Fintech says Singapore will act as a springboard for expansion into North America and Europe.
Reports suggest the move is part of a wider strategy to enter the Asian market.
Central bank says the window for digital banking licence applications will close on 31 August.
Tech firm aims to provide banking to 38 million customers.
Netbank plans to offer a “full range” of banking services to migrating firms.
Unobank aims to bridge the financial inclusion gap in its home country.
It aims to be the first entirely cloud-hosted bank in the Philippines.
Merchant payments platform Pine Labs plans regional expansion.
Philippine bank first signed for Temenps back in 2012.
The purchases were made through Nomu Pay.
The prospective bank is pushing its AI capabilities as a unique selling point.
TymeBank looks to expand beyond its South African headquarters.
The challenger wants to extend loan applications to more underbanked Filipinos.
Mynt-operated firm raises $175m from US investor.
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Uno’s parent DigiBankAsia is working with Philippine regulators to obtain a licence.
A basic digital bank will require a minimum capitalisation of $8.2 million.
Bauer’s company made up €291.4m of Wirecard’s 2018 profits.
Partnership claims to be first of its kind in the country.
The new corridors span the Middle East, and into South East Asia and Africa.
Filipinos will be able to sign up to the new service with a selfie.
70% of Filipino adults are still unbanked.
The bank has raised $27m since being founded in 2018.
The new client is Avaloq’s first in the Philippines.
GoBear’s bank partners will be able to tap underserved consumers.
The regtech firm gained extra capital from Japanese VC Global Brain.
The partnership will begin in Malaysia, the Philippines and Singapore.
Azimo and Ripple speak to FinTech Futures about their new partnership.
It’s set to be the first of its kind in the country.
The bank is splitting its three-part structure into five.
Its mobile app will integrate “AI-driven” Jumio identity verification technology for its KYC.
The Philippines’ first digital bank selects its new core.
Tonik Financial will set up the island nation’s first online bank.
New York, Singapore, and Shanghai all switch to Avaloq system.
European investors can now back 12-month commercial loans in Singapore.
The open banking platform has opened an office in Singapore.
The latest funding round brings QFPay’s total to $36.5 million.
BHF becomes first ever Filipino rural bank to use core banking solutions.
It’s the first Philippine bank to successfully remit to Singapore.