Fintech players eye Philippines market

A Fintech Alliance official said that Filipinos are usually technology-savvy, making the country a suitable environment for fintech startups. — Philippine Daily Inquirer

MANILA: The Philippines has become more attractive as an investment hub for financial technology (fintech) players after the country finally exited the dirty money “gray list,” according to the Fintech Alliance PH.

Lito Villanueva, founding chair of the industry group, told the Inquirer that more investors would likely bet on local fintech players, given the improving prospects of the country.