Philippines

Coins.ph, the Philippines-based crypto and digital wallet platform, and Best Way Corporation (FinFan), a financial technology company based in Vietnam, have signed a memorandum of understanding (MOU) for a strategic partnership to streamline and expand cross-border remittance and payment flows between the two countries.

2025 marked a cooler year for Philippine startup funding, with total capital raised falling 32 percent and deal volume down 54 percent year-on-year from 2024, Gobi Partners said Wednesday.

OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.

Kahoot! sees Southeast Asia as one of the most exciting and diverse regions for digital learning.

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.

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, 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, 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.

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.

​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.