All News and Announcements
The Philippine Statistics Authority Partners With GoTyme to Offer Free Bank Accounts
Under this collaboration, individuals will be able to open bank accounts for free, with a focus on extending financial services to previously underserved or unbanked segments of the population.
Philippines Pushes for Digital Wage Payments to Boost Financial Inclusion
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are urging labor and employer sector leaders to transition to digital wage payments, highlighting the benefits of safe and efficient payroll solutions.
Triodos Financial Inclusion Funds Provide Finance to OnePuhunan
Looking at the client base of OnePuhunan, most women entrepreneurs are active in the trading sector, such as sari-sari stores and small grocery stores.
AFC Joins Global Enterprises to Offer Inclusive Digital Lending in the Philippines
The strategic alliance aims to strengthen the platform in the rapidly evolving consumer finance market in the Philippines.
GCash: Becoming the Philippines’ Leading Financial Super App
Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.
UAE’s myZoi Launches Financially Inclusive Digital Wallet With “One-To-Many” Transfer Capabilities
The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.
UNSGSA Queen Máxima Visits the Philippines to Support Scaling Up Financial Services for Better Financial Health
The visit from 21-23 May 2024 will focus on advancing key foundational building blocks for financial inclusion—including connectivity, digital identification, and digital payments—as well as enhancing financial health and resilience against economic and climate-related challenges for Filipinos.
Tala Establishes a $48.5 Million Loan Channeling Partnership With Maya Bank to Increase Filipinos' Access to Financial Services
Fintech company Tala announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos.
Philippines: Community Bank Champions Women’s Empowerment Through Financial Inclusion
Since adopting the UN Sustainable Development Goals as part of its sustainability framework in 2010, BDO has reported that 66 percent of its micro, small, and medium enterprises clients for BDONB are women-owned as of 2022.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.