Fintech Philippines Association’s Post

Dear FinTech Company! Did you win an award at the recent Ghana FinTech Awards? Congratulations! This award presents an opportunity to solidify your brand as a trusted brand in the FinTech landscape. This is because: 📌The award signifies a third party’s endorsement of your commitment to quality, innovation, and excellent service delivery. Use it to build trust with both existing and potential customers who prioritize security and reliability in their financial technology partner. 📌The award is also a testament to your unwavering dedication to delivering a Fintech solution that meets customer demands and expectations. What can you do to maximise the award for impact: 💫Develop press releases and social media campaigns highlighting the award. Share it on your website, social media platforms, promotional materials, and email signatures etc. 💫Highlight and acknowledge the awarding institutions KPMG Ghana and Ghana Fintech and Payments Association as this adds another level of authenticity. 💫Make your customers a part of the celebration by incentivizing usage through promotions or even appreciation messages. 💫Acknowledge your employees contribution to the award win. This motivates continued excellence. 💫Don’t forget to use the award as motivation to maintain high standards and continue innovation in your service delivery. Did you find this useful? Ghana Fintech and Payments Association #fintechinnovation #paymentsolutions

#openfinance is our best chance at collectively closing the financial gap once and for all. That was the message I tried to deliver in my keynote address last week at The Digital Banker’s Southeast Asia Tour, Philippines leg. The Philippines has made great strides in recent years to bring more of the unbanked into the fold, but millions remain without bank accounts and access to credit. The country also ranks near the bottom of surveys for financial literacy. Open Finance, where banks and other financial providers share data in a controlled environment, can help the unbanked finally build a financial profile and a transaction history. It’s one answer to the perennial problem of lack of documentation. And it can help us support #MSMEs, the backbone of the economy, better with more tailored, more timely services to help them scale up. IFC, together with the Bangko Sentral ng Pilipinas and other partners, has been working hard over the past two years to develop an enabling environment for Open Finance to flourish here. We want to set the stage for a fairer, more inclusive, more resilient financial ecosystem in the Philippines—and we invite everyone to join us. #financialinclusion #openfinance #openfinanceph

To underscore the significance of joining the Fintech Latvia Association , Nectaro has outlined several key benefits: 🟢 Networking Opportunities: Engage with peers, mentors, and industry leaders. These connections can provide invaluable support, advice, and the foundation for beneficial partnerships. 🟢 Knowledge Sharing: Membership enables you to stay at the forefront of the latest trends, tools, and practices within the fintech sector, ensuring you remain competitive and informed. 🟢 Advocacy and Influence: The association represents a powerful collective voice capable of influencing policy, legislation, and industry standards, thereby shaping the fintech landscape for the better. 🟢 Support System: The association offers emotional support, advice, and assistance, proving crucial during challenging times and contributing to the well-being of its members. 🟢 Resource Pooling: Joining the community allows for the pooling of resources, including knowledge, financial support, or access to shared tools and facilities, enhancing the capabilities of each member. 🟢 Sense of Belonging: Membership fosters a sense of belonging and identity within the fintech community, reinforcing the collaborative spirit and shared goals of the industry. Happy to be part❤️ #Nectaro #NectaroPlatform #InvestWithNectaro #investments #retailinvestments #finance

We are beyond thrilled to share that ADVANCE.CBP has secured USD4 million seed funding from Archipelago Capital Partners, a leading Southeast Asia-focused private equity firm, to launch our #creditbureau operations in the Philippines. Selected as a Special Accessing Entity (SAE) through an open tender process by the Credit Information Corporation(CIC), ADVANCE.CBP aims to serve fintechs, digital banks, and thrift banks in its mission of enhancing financial inclusion through high quality credit information and data in the hashtag #Philippines. “We see the launch of ADVANCE.CBP as a significant step in advancing the Philippine #financialservices ecosystem,” said Jovasky Pang, CEO of Archipelago Capital Partners. “This investment fits perfectly with our ethos of driving sustainable growth across Southeast Asia, creating value for local businesses and investors alike, and in fostering growth in sectors that will benefit from rising income levels and increased consumer demand in the region.” “The investment from Archipelago Capital Partners reinforces our shared vision of establishing a credit bureau that not only empowers lenders and borrowers but also strengthens and results in a more robust #creditreporting and #creditscoring infrastructure in the Philippines. This long-term investment will help strengthen and develop a more equitable and inclusive financial ecosystem for all Filipinos,” said Dennis Martin, CEO of ADVANCE.CBP. More here: https://lnkd.in/dWArgFee #seedfunding #creditscoring #creditinfrastructure #ADVANCECBP #ADVANCEAI

🌍 Excited to share Mauritius' latest milestones in global finance and fintech! 🚀 Check out the post below to see how we're shaping the future. #BuildingTogether #SafyrUtilis #Mauritius

🚀 Mauritius has achieved a significant milestone in the latest Global Financial Index and Fintech Index! 📈 Rising to 75th in the Fintech Index—up 12 places since March—highlights our commitment to leveraging financial technology for economic growth.🌍Mauritius now ranks 60th globally and retains 5th place in the Middle East & Africa region, solidifying our status as a Global Specialist. We are among the top 15 financial centres poised for growth in the coming years! #mauritiusfinance #financialservices #mauritiusifc #fintech

During the past seven days, I had the privilege to spend many insightful hours with my Filipino partners, clients, and friends. Sharing ideas on how to move the ecosystem forward toward an economy that is fully inclusive, and taking advantage of available - but not necessarily easy accessible technological advances, such as digital onboarding, instant payments, eKYC, alternative credit scoring, and many others. My perspective is that although there are many hurdles to overcome, the momentum is starting to shift. Many financial institutions, FinTechs, and tech providers are starting to form critical alliances to move the ecosystem forward. It is once again clear that is not about individual players, but rather the digital ecosystem that needs to work together to resolve real pain points in the financial domain, and to create trust to enable certain demographics that have always been excluded. The very people that can't afford the high unhidden costs of moving cash around. My congratulations to the Fintech Association of the Philippines, the Rural Bankers Association, and so many other role players who are working together to make financial inclusion and a digital economy a reality in the Philippines. We here at Sybrin Philippines are committed to the small role we can play by bringing world class, fit-for-purpose and cost-effective solutions to the market. We are always there to provide our knowledge and experience, gained from other markets, to our partners and friends in this amazing market. #Sybrin #Fintech #SmileAPI #RBAP #Philippines #eKYC

𝐈𝐧𝐝𝐢𝐚’𝐬 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐈𝐧𝐭𝐞𝐫𝐟𝐚𝐜𝐞 (𝐔𝐏𝐈) 𝐢𝐬 𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐭𝐨 𝐬𝐡𝐚𝐩𝐞 𝐭𝐡𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐠𝐚𝐭𝐞𝐰𝐚𝐲 𝐦𝐨𝐝𝐞𝐥 𝐨𝐟 𝐜𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐚𝐫𝐨𝐮𝐧𝐝 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐞.🌎 In a recent breakthrough, India signed a major deal with Trinidad and Tobago to help develop a UPI-like infrastructure. This is the latest in a series of international collaborations, with UPI already operational in countries like Mauritius, Sri Lanka, Singapore, UAE, Bhutan, and Nepal. These nations are benefiting from UPI’s fast, secure, and smooth payments, as well as greater financial inclusion. Earlier, the NPCI had established partnerships with the Bank of Namibia and the Central Bank of Peru to assist them in developing their own real time payment systems akin to UPI. UPI’s interoperability, ease of use, and real time processing have drawn the attention of countries looking to improve their own payment ecosystems. But the real question is where will UPI head next?❓ As more nations explore this model, could we eventually see a globally connected digital payment network driven by UPI? It’s a bold vision, but one that seems increasingly possible with each new partnership.🤝 #UPI #DigitalPayments #FintechInnovation #GlobalFintech #UPIGlobal #FinancialInclusion #CashlessEconomy #RealTimePayments #SMBC

South Asia’s Digital Financial Services (DFS) landscape is evolving rapidly, reflecting a growing trend towards digital payments and merchant digitization. In Bangladesh, India, Indonesia, and Pakistan, significant strides are being made to embrace digital finance and foster inclusive growth. Interoperability remains a common goal across South Asia, driving progress in digital transactions and financial inclusion. As countries tailor policies to unique contexts, collaborative efforts are essential for sustainable growth and comprehensive financial inclusion. This report, funded by the Bill & Melinda Gates Foundation, has been jointly prepared by LightCastle Partners, Larive International, PT Clarity Research, and Sannam S4 Group. The findings and conclusions contained within are those of the authors. Visit the link in the comments to download the full report. #DigitalPayments #FinancialService #Digitization #Bangladesh #India #Indonesia #Pakistan #InclusiveGrowth

Advocating for and capacitating digital finance and fintech associations is both my passion and role as CEO. This short paper outlines some of the key roles that they play in building and growing their ecosystems and identify some key characteristics that impactful and sustainable associations demonstrate. I'd love to hear your thoughts.