GoTyme Bank has secured the Certificate of Authority from BSP. GOTYME BANK — The Gokongwei-backed digital bank has secured the Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP). GoTyme Bank has secured the necessary license from the central bank to operate as a digital bank by completing the final stage in establishing operations … Read more
GCash: “Even without this license, we are already able to offer a full suite of financial services” GCASH — The financial technology (fintech) company has no plans to get a digital banking license “at the moment”. The fintech company was also asked what it can do that a digital bank can’t do. According to GCash, … Read more
GCash is unfazed over Paymaya’s move to open a digital bank. GCASH — The financial technology (fintech) company is unfazed over Paymaya’s move to open a digital bank. To recall, Paymaya (now Maya) has rebranded as it goes beyond digital wallet and payments services with the integration of its digital bank and cryptocurrency (crypto) trading … Read more
Tonik has secured more than P5 billion worth of consumer deposits. TONIK — The digital bank has secured more than P5 billion (around USD 100 million) in consumer deposits only about 8 months after its launch in the Philippines. Tonik Digital Bank was launched by Singapore-based Tonik Financial Pte. Ltd. last March and became the … Read more
