philippines fintech

Sep

Does the Philippines need 4 more digital banks?

In 2021, Bangko Sentral ng Pilipinas (BSP) imposed a three-year moratorium on applications for digital banking licenses so that it would have enough time to monitor the performance of the new online lenders and their impact on the financial system. It will take time for Philippine online banks to get…

Aug

Asia Payments Research

Mynt is on a roll

Ant Group and Globe-backed Mynt, which operates the e-wallet GCash, is on a roll. Long one of the most valuable startups in the Philippines, it this month saw its valuation increase to US$5 billion – more than doubling its previous valuation of US$2 billion that it reached in 2021 –…

Jul

Asia Banking Research

Why is the Philippines reopening digital banking license applications?

Who needs more digital banks in Southeast Asia? If you asked us, we would say not too many countries do. Certainly not Singapore, probably not Malaysia or Thailand, and even though Indonesia is a huge market, it already has a lot of online lenders.

Contact Info