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Tonik, a leading neobank in the Philippines, continues to set new benchmarks in digital banking with rapid growth, operational efficiency, and customer experience enhancements — powered by Finastra’s Essence core banking solution. With a vision to drive financial inclusion in...
#digital#Greg Krasnov#Tonik
The Bangko Sentral ng Pilipinas (BSP) and the International Finance Corporation (IFC) have agreed to jointly develop the country’s movable…
#Bangko Sentral ng Pilipinas#BSP#IFC
Micro, Small, and Medium Enterprises (MSMEs) make up 99.5 per cent of businesses in the Philippines, with a significant portion…
#factoring#Personal Property Security Act#Securities and Exchange Commission
Netbank has formed a strategic partnership with fintech innovator Jia Financing to streamline loan distribution for small and medium enterprises…
#invoice finance#Jia financing#Netbank
Asialink Finance Corp. (AFC) has secured a US$50m loan from the Asian Development Bank (ADB) to boost financing for small…
#ADB#AFC#MSME finance
Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…
#AI#artificial intelligence#SME financing
Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…
#Atradius
ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…
#bank#emerging markets#management
Fundspace, a loan aggregator startup under Globe Telecom Inc.'s corporate venture builder - 917Ventures, has partnered with BPC Lending Inc.…
#MSME finance
Asialink Finance Corp., a financing firm focused on micro, small and medium enterprises (MSMEs), has tied up with credit risk…
#credit risk management#credit scoring
The Asian Development Bank (ADB) has approved a US$300m policy-based loan to support the ... (more…)
#Asia Development Bank#financial inclusion#financial services
The Philippines’ supply chain finance market has enormous potential, and is forecast to cover 15 per cent of MSMEs’ cashflow…
#MSME finance#supplier finance#supply chain finance
In order to address the needs of suppliers, distributors, and buyers to ... (more…)
#supply chain finance#UnionBank