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FAST Logistics Group has partnered with Bank of the Philippine Islands (BPI) to give its suppliers access to early payment against approved invoices, extending the bank's digital supply chain finance programme into one of the Philippines' major logistics networks. Under...
#approved payables#BPI#digital supply chain finance
BDO Unibank has moved high-value and mass-payment processing onto Finastra's Global PAYplus platform as the Philippine lender seeks to handle…
#BDO Unibank#cash management#Finastra
The Philippines and the UK have signed a government-to-government financing framework that opens a route for up to £5bn of…
#Anas Sarwar#export credit#export finance
The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have launched the Credit Risk Database Philippines…
#Bangko Sentral ng Pilipinas#BSP#credit risk
Tonik, a leading neobank in the Philippines, continues to set new benchmarks in digital banking with rapid growth, operational efficiency,…
#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