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GCash Disbursed Record US$2.1 Billion in Loans Last Year, Doubling 2022’s Figures

GCash, operated by Globe Fintech Innovations, Inc. (Mynt), disclosed its performance indicators for 2023, showing a significant increase in loan originations. The online banking...

Brankas Set to Expand QR and e-Wallet Payment Services for NetGlobal Pay

Brankas and NetGlobal Solutions Inc have recently formalized a Memorandum of Agreement that facilitates a collaborative effort to expand the capabilities of NetGlobal Pay....

GCash Broadens Remittance Services Expansion To Another 10 Countries

GCash has announced its continuing global expansion by securing regulatory approval to extend its services to an additional ten countries, following approval from the...

Filipinos in Qatar Can Now Pay SSS Contributions via Ooredoo Money App

Qatar-based digital wallet Ooredoo Money has launched a new feature in its app to support its Filipino customers, namely direct payments to the Philippines...

GoTyme Bank Offers Free Bank Account Sign-Ups for National ID Holders

The Philippine Statistics Authority (PSA) has teamed up with Filipino digital bank GoTyme to enable Filipinos who have successfully registered for their National ID...

Philippines Launches Website to Promote Financial Inclusion for All

The Financial Inclusion Steering Committee (FISC), led by the Bangko Sentral ng Pilipinas (BSP), has launched a new website aimed at promoting financial inclusion...

New Digibanks Could Launch in the Philippines by 2025, BSP to Issue 4 New Licenses

The Bangko Sentral ng Pilipinas (BSP) will issue up to four new digital bank licenses to expand the digital banking landscape in the Philippines.The...

Real-Time Payments to Give 21 Million Filipinos Bank Access by 2028

Real-time payments are projected to expand banking access to nearly 21 million unbanked Filipinos and boost the country's GDP by US$323 million by 2028,...

The Philippines May Have Up to 10 Digibanks Next Year But Will They Add Any Value?

BSP set to grant 4 more licenses in 2025, however, concerns remain on whether these new players can truly address the country's financial inclusion...

Tractor Drone Maker Monarch Reveals $133 Million Series C Funding

A farm worker operates a tractor at sunrise near Coachella, California, on July 3, 2024. Mario Tama/Getty Images Autonomous electric tractor...

Trump Campaign’s Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day

A supporter holds a sign as members of the San Francisco Democratic Party hold a rally in support of Kamala Harris at...

Nvidia Rival Groq Raises $640 Million in a New Funding Round

The Beijing municipal government is offering subsidies to companies that buy Chinese-made artificial intelligence (AI) chips. Igor Omilaev on Unsplash Groq,...

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