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I think we have been successful in our objective in terms of showcasing the Philippines as Asia’s digital hotspot, enticing more investors to come in to the Philippines… We are very positive about the future of finance in the Philippines. We have a thriving digital landscape or FinTech landscape in the country,” Founding Chairman Lito Villanueva…

By: BusinessInquirer
Source: businessinquirer

The Philippines’ nascent digital banks are “still struggling” with their online lending activities, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said, adding that the regulator is looking for ways to fix the problem. While the digital banks are “very successful” in raising deposits online, Remolona said at a forum last week…