Voyager Innovations joins unicorn club with $210m funding
Filipino fintech firm Voyager Innovations has raised $210m in new funding round, at a valuation of around $1.4bn. SIG Venture Capital led…
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UnionBank gets regulator’s nod to buy Citi’s retail business in Philippines
The Philippine Competition Commission (PCC) has approved UnionBank of the Philippines’ acquisition of Citi’s retail banking business in the country. The $908m…
UnionBank to raise $1.1bn to fund acquisition of Citi’s retail operations in Philippines
UnionBank of the Philippines has announced plans to raise as much as $1.1bn (PHP59bn) to fund the acquisition of Citi’s retail business…
Sumitomo Mitsui looking to increase stake in Rizal Bank
Japan-based Sumitomo Mitsui Banking Corporation (SMBC) looking to increase its shareholding in Rizal Commercial Banking Corporation (Rizal Bank), Bloomberg has reported citing…
Filipino neobank Tonik’s parent raises $131m in Series B funding
Tonik Financial, the parent company of Tonik Digital Bank in the Philippines, has raised $131m in a Series B equity…
CIMB Bank Philippines partners Zoloz to bolster digital banking capabilities
CIMB Bank Philippines has joined forces with Zoloz to enhance its digital banking services with an aim to drive financial inclusion in…
Tonik selects Apiwiz to accelerate digital Banking in Philippines
Tonik, a digital-only neobank, has joined forces with low code APIOps platform Apiwiz to accelerate banking services in the Philippines.…
Union Bank in talks with Citi to acquire retail operations in Philippines
Union Bank of the Philippines is leading the race to acquire Citigroup’s retail banking operations in the country. Through a…