The country’s leading and largest digital industry association, Fintech Alliance PH, officially welcomed its newest members during an oath-taking ceremony led by Bangko Sentral ng Pilipinas (BSP) Deputy Governor Mamerto “Mert” Tangonan at the Digital Industry Caucus held on February 28 in Bonifacio Global City.
Seventeen (17) new members have become part of a dynamic network dedicated to driving digital transformation and inclusive growth in the Philippines. These companies include 2C2P Philippines Inc., Advanced Finance Solutions, Inc. (Skyro), Dinero 365, Electronic Commerce Payments, Inc. (ECPay), Electronic Transfer And Advance Processing Inc. (eTap), FlexM Philippines Inc., Hyperverg Technologies Private Limited, Kredivo Philippines Lending Corp. (Kredivo PH), Mali Lending, M2P Solutions Private Ltd, Manila Express Payment System Inc. (Touchpay), PAYSO, Inc., SEABANK PHILIPPINES, INC., S.P. MADRID Corporation, Telesign Corporation, WeFund Lending Corp (Juanhand), and Wise Pilipinas Inc. With the newest members on board, Fintech Alliance PH remains at the forefront of driving digital transformation, advocating for a more inclusive and tech-driven financial future for Filipinos.
The event, themed “Exploring Emerging Business Models for Scaling Digital Payments,” also gathered key players from the financial technology and banking sectors to discuss the evolving landscape of digital payments in the Philippines.
Fintech Alliance PH Chairman and RCBC Executive Vice President & Chief Innovations and Inclusion Officer Lito Villanueva highlighted global best practices in scaling digital payments, citing Brazil’s PIX system as a model for financial inclusion. He also discussed a notable milestone from the Singapore FinTech Festival last year, where Higala and SynerFi by RCBC introduced an open payments platform designed to empower rural banks and microfinance institutions to offer digital payment services. Villanueva also expressed enthusiasm for the country’s recent achievements, including the passage of the Konektadong Pinoy Act on its final Senate reading and the removal of the Philippines from the Financial Action Task Force’s (FATF) grey list.
“The Philippines is at a turning point. Together, the public and private sectors must take bold steps to make digital payments the default, not the exception, for all Filipinos,” Villanueva shared in his opening address.
Following the oath-taking ceremony, Deputy Governor Tangonan delivered a keynote speech on Exploring Emerging Models for Scaling Digital Payments, reaffirming BSP’s commitment to a secure, efficient, and accessible digital financial ecosystem. “Every initiative, every innovation is anchored on a vision of empowering Filipinos, driving economic resilience, and ensuring that our payment systems–whether digital or cash– serve as tools for progress,” Deputy Governor Tangonan said.
The Digital Industry Caucus served as a platform for fintech innovators and policymakers to engage in discussions on regulatory advancements and emerging business models. The standing room only (SRO) event gathered over 240 attendees, primarily founders and C-level executives, highlighting the growing momentum in financial inclusion and digital transformation in the Philippines
FinTech Alliance PH has over 120 corporate members driving more than 95% of retail digital financial transaction volume. For more information, visit https://www.fintechalliance.ph/.
