Philippines-based fintech Ayannah announces merger with India’s ECAP
The new entity will be called Ayannah Global and will be headquartered in Singapore...
Tag : Philippines
Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...
GoBear acquires AsiaKredit to increase credit access in Southeast Asia
GoBear will introduce lending as a service to partners and enable them to offer loans to underserved consumers in the region...
SE Asian logistics company Ninja Van secures $274 mn in funding
Its list of investors include Zamrud, Carmenta Capital Management, GxH Investment among others...
Covid-19 results in digital banking growth in the Philippines
UnionBank recorded a 160% rise in daily sign-ups on its online banking portals...
Digital banking in the Philippines: How long until super apps join in?
Southeast Asia’s digital banking wave has reached the Philippines and the Super Apps of the region are expected to enter the fray at some stage – the market is huge...
Philippines’ first digital bank Tonik to go live in July
Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices...
Tonik secures $6 mn funding to launch digital bank in the Philippines
Investors who took part in the funding round include Insignia Ventures Partners and Credence partners...
CEO: Further acquisitions a possibility for Union Bank in 2020
The bank is focusing on expanding its digital presence...