Zed, a credit-led neobank, announced today it has received its Certificate of Authority to Operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).
Zed, a credit-led neobank, announced today it has received its Certificate of Authority to Operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).
As part of its commitment to advancing financial inclusion and providing insurance for all, regional insurtech Igloo has partnered with consumer finance platforms in the Philippines to offer gadget protection products to shoppers.
In a period defined by technological innovation and digital transformation, UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, emerged as a leader in digital banking as it secured the distinguished title of the ‘Best Digital Bank in The Philippines’.
MANILA, PHILIPPINES, March 18, 2024 – In the Philippines, despite the financial industry’s recent attempts at digitalization, customers still face significant hurdles when it comes to accessing credit products. A recent study by TransUnion Philippines showed that 94% of Filipino Gen Zs see the importance of credit and lending products to reach their financial goals. …
Continue reading Zed launches first credit card created for Filipino young professionals
Southeast Asia's insurance sector is undergoing a massive transformation to keep up with evolving market demands and maintain competitiveness. In the Philippines, where insurance penetration is at a mere 1.68%, the industry is grappling with persistent challenges such as complexities, outdated systems, and regulatory hurdles. However, amidst these obstacles, the industry is forging ahead with innovation and modernization with insurtechs emerging as crucial drivers of this change, fueling efficiency enhancements and elevating customer experiences.
This 2024, a new trend called 'loud budgeting' is gaining popularity, encouraging people to openly discuss their finances without feeling embarrassed. Contrary to the 'quiet luxury' trend of the past year, loud budgeting helps Filipinos be more honest about their financial situation, leading to greater empowerment in managing their money. This Valentine's Day, let's celebrate …
Continue reading Embracing ‘Loud Budgeting’ as a Love Language this Valentine’s Day
As fund sufficiency remains a major challenge for MSMEs, particularly in emerging markets, 917Ventures’s loan aggregator Fundspace is offering MSMEs and local entrepreneurs a swift, user-friendly, and easily accessible digital solution to bridge the financing gap in the Philippines.
MANILA, Philippines, 19 May 2021 - #dltledgers, an independent blockchain platform for trade and supply chain digitisation, announced today the launch of SmartFin, a platform for Micro Small and Medium Enterprises (MSMEs) to access trade financing from alternative financiers. In support of this launch, the company has also entered into partnerships with leading alternative lenders, with a digital …