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Digital challenger GoTyme Bank acquires salary lender fintech SAVii

Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products. SAVii Overview:...

Inclusive instant payment system Higala launches in the Philippines

Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...

Empower Finance strikes deal to buy Petal with Cashalo acquisition completed

Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...

Country Builders Bank in the Philippines selects Kiya.ai for banking tech upgrade

Country Builders Bank (CBB), a rural bank headquartered in Makati, Philippines, has chosen Indian fintech Kiya.ai to upgrade its banking infrastructure. CBB will...

Metrobank in the Philippines taps Temenos for its wealth management tech

Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos to implement its private wealth...

UNO Digital Bank’s parent company secures $32.1m funding to fuel growth

Singapore-based fintech UNOAsia, the primary incorporator of UNO Digital Bank in the Philippines, has raised $32.1 million in a pre-Series B funding round. ...

Security Bank selects Avaloq to digitise wealth management business

Security Bank, based in the Philippines, has partnered with Swiss banking software provider Avaloq to digitize its wealth management business. The bank will...

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