Philippines

Philippine NBFI Asialink secures $75M syndicated facility from Standard Chartered to boost MSME growth

Asialink Group of Companies, a Philippine non-bank financial institution (NBFI), has secured a $75-million syndicated term loan facility arranged by Standard Chartered Bank (Standard Chartered) — its maiden foreign and the first social syndicated loan for a local NBFI.

E-wallet use jumps 75 percent in sari-sari stores, fueling digital transformation – Packworks

Sari-sari stores are rapidly digitalizing their operations, driven by a significant increase in e-wallet use, according to a new report from Filipino tech startup Packworks.

Pentagreen Capital backs Citicore Renewable Energy with $55M financing for solar, battery storage projects in the Philippines

Pentagreen Capital, manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, and Citicore Solar Energy Corporation (Citicore), part of the Citicore Renewable Energy Corporation, announced last Thursday a financing of $55 million to unlock the implementation of solar and battery storage projects in…

Green GSM partners Xentro to deploy 2,000 EVs in the Philippines

Green GSM, the all-electric ride-hailing brand under the GSM ecosystem, has signed a memorandum of understanding with AMRC Renewable Corporation/Xentro Motors, a subsidiary of the Philippine-based Xentro Group of Companies, for the supply of 2,000 VinFast electric vehicles to support future operations under the Green GSM platform.

HitPay partners Ingenico to launch payment solution to drive digital adoption for Filipino SMEs

The Singapore-based payments infrastructure platform HitPay has partnered with France-based electronic payment solutions firm Ingenico to launch "all-in-one" system to boost Philippine small and medium-sized enterprises (SMEs) digital payments adoption.

Philippine central bank to stop accepting new applications for digital bank licenses

​The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced Thursday that it will stop accepting new applications for digital bank licenses starting December 1, 2025.

Brazil’s EBANX expands cross-border payment services to the Philippines

EBANX, a Brazilian technology company specializing in cross-border payment services, has announced its expansion into the Philippines through the integration of the country’s two leading e-wallets GCash and Maya.

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BetterGov.ph is an open community model for citizen-focused digital services

The proposition is intentionally modest yet ambitious: build a fast, accessible, volunteer-run portal that surfaces services and information without the usual friction - and do it all in public, with code, contributions, and debates out in the open.

Maya Bank, Atome forge $48M loan channeling partnership to expand access to credit in the Philippines

Singapore-based digital finance platform Atome and Philippine digital banking leader Maya Bank have entered a ₱2.75 billion ($48 million) loan channeling partnership in the Philippines to expand access to credit for millions of Filipinos.