{"id":500,"date":"2020-05-13T13:45:00","date_gmt":"2020-05-13T05:45:00","guid":{"rendered":"http:\/\/hearthstone.group\/?p=500"},"modified":"2021-08-02T16:17:09","modified_gmt":"2021-08-02T08:17:09","slug":"top-7-fintech-startups-in-the-philippines-for-2020","status":"publish","type":"post","link":"http:\/\/hearthstone.group\/?p=500","title":{"rendered":"Top 7 Fintech Startups in the Philippines for 2020"},"content":{"rendered":"\n<p>Photo courtesy of&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/fintechnews.sg\/38481\/fintechphilippines\/top-7-fintech-startups-in-the-philippines-for-2020\/\" target=\"_blank\">Fintechnews Philippines<\/a><\/p>\n\n\n\n<p>This was originally published by&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/fintechnews.sg\/38481\/fintechphilippines\/top-7-fintech-startups-in-the-philippines-for-2020\/\" target=\"_blank\">Fintechnews Philippines<\/a><\/p>\n\n\n\n<p>Last year, Manila was named one of the world\u2019s friendliest cities in the world for fintech startups and was recognized for its strong English-language skills and well-established outsourcing industries.<\/p>\n\n\n\n<p>Fintech companies already compose 15% of Manila\u2019s startups, according to Startup Genome\u2019s Global Startup Ecosystem Report, and the market&nbsp;<a href=\"https:\/\/www.cnnphilippines.com\/business\/2019\/5\/21\/Manila-top-cities-fintechs.html\" target=\"_blank\" rel=\"noreferrer noopener\">is expected to grow<\/a>&nbsp;from about US$5.7 billion in 2018 to US$10.5 billion by 2022.<\/p>\n\n\n\n<p>The Philippines\u2019 fintech industry is expected to continue growing in 2020 on the back of memorable developments and deals in 2019. The following are seven fintech startups in the Philippines which made significant strides last year and are now poised for recognition.<\/p>\n\n\n\n<h2 class=\"has-vivid-cyan-blue-color has-text-color wp-block-heading\">PearlPay<\/h2>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.pearlpay.com\/wp-content\/uploads\/2020\/10\/PearlPay-Logo-uai-720x310.png\" alt=\"PearlPay Logo\" class=\"wp-image-87599\" width=\"360\" height=\"155\"\/><\/figure><\/div>\n\n\n\n<p>Founded in 2018,&nbsp;<a href=\"https:\/\/pearlpay.com\/en\/\">PearlPay<\/a>&nbsp;is a fintech startup and mobile wallet whose mission is to help financial institutions, especially rural banks, be commercially competitive with access to the latest and innovative banking solutions. PearlPay aims to become the national digital payment enabler and gateway in the country by providing quality and affordable banking solutions to financial institutions and individuals previously underserved.<\/p>\n\n\n\n<p>PearlPay grew significantly in 2019. The company&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/technology.inquirer.net\/86869\/financial-technology-startup-targets-rural-banking-sector\" target=\"_blank\">signed<\/a>&nbsp;a pilot program agreement with BHF Rural Bank to test a new generation of cloud-based financial services set to be launched in the Philippines, and expanded to Hong Kong and&nbsp;<a href=\"https:\/\/pearlpay.com\/en\/new-partnership-with-transfez-furthers-pearlpays-expansion-into-indonesian-market\/\">Indonesia.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo courtesy of&nbsp;Fintechnews Philippines This was originally published by&nbsp;Fintechnews Philippines Last year, Manila was named one of the world\u2019s friendliest cities in the world for fintech startups and was recognized &#8230;<\/p>\n","protected":false},"author":3,"featured_media":501,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,13],"tags":[9,10,8],"class_list":["post-500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-pearlpay","tag-digital-banking-solutions","tag-fintech-startups","tag-pearlpay"],"_links":{"self":[{"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/posts\/500"}],"collection":[{"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/hearthstone.group\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=500"}],"version-history":[{"count":7,"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/posts\/500\/revisions"}],"predecessor-version":[{"id":509,"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/posts\/500\/revisions\/509"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/hearthstone.group\/index.php?rest_route=\/wp\/v2\/media\/501"}],"wp:attachment":[{"href":"http:\/\/hearthstone.group\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hearthstone.group\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=500"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hearthstone.group\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}