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Group: $700M+ invested in digital banking sector

Local digital banks received $700 million worth of investments from investors as the financial institutions continued to grow the number of their depositors, according to the Digital Bank Association of the Philippines (DiBA PH). According to DiBA PH, the digital banking sector now has 5.9 million depositors as of the…

Singapore Fintech Festival 2023: Top 8 Highlights You Might Have Missed

UnionDigital Bank to launch sachet loan product in 2024

The UnionDigital Bank Inc. sees a huge business and social opportunity in introducing a sachet loan product “high-frequency lending” as executives call it in the Philippines. UnionDigital CEO Henry Rhoel R. Aguda told reporters at the “Singapore Fintech Festival 2023” last week that the company, the digital banking unit of Unionbank of…

UnionDigital Bank to launch sachet loan product in 2024

The UnionDigital Bank Inc. sees a huge business and social opportunity in introducing a sachet loan product “high-frequency lending” as executives call it in the Philippines. UnionDigital CEO Henry Rhoel R. Aguda told reporters at the “Singapore Fintech Festival 2023” last week that the company, the digital banking unit of Unionbank of…

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