Finance

Mynt IPO Draws BlackRock and 19 Other Investors Worth Roughly PHP 36.5 billion

Mynt, the parent company of GCash, has secured commitments from more than 20 cornerstone investors for its proposed initial public offering (IPO), according to Mynt’s own newsroom. The company said this represents the largest number of cornerstone investors secured for a Philipp…

finance

Fintech News PH

Palawan Pay Users Can Now Send Money Across 200 Countries

Ria Money Transfer and Palawan Group of Companies are enhancing their partnership in the Philippines, expanding both inbound and outbound money transfer services, according to a LinkedIn post from Steve Peregrino, Ria Philippines’ President and CEO. The expanded collaboration bu…

12 days ago

Buy Now, Pay Later (BNPL): Lifeline or Debt Trap? | Alain Yee, ShopeePay (MY) CEO

BNPL is a lifeline for Malaysians shut out of formal credit, or a fast route into debt, depending on who you ask. ShopeePay’s CEO makes his case. Alain Yee joined Shopee in 2019 as CEO of ShopeePay Malaysia, launching the e-wallet two to three years after its main rivals. SPayLa…

BSP Blocks Inbound Transfers to DCPay, But Outbound Still Works

The Bangko Sentral ng Pilipinas (BSP) has partially suspended DCPay Philippines Inc., the e-wallet operator behind Coins.ph, blocking inbound money transfers across the InstaPay and PESONet clearinghouses, according to BitPinas. The Philippine Payments Management Inc. notified f…

Netbank Adds PayLoro to Its Growing List of BaaS Partners

Netbank has entered a strategic partnership with PayLoro, combining Netbank’s Banking-as-a-Service (BaaS) infrastructure with PayLoro’s digital payment solutions, according to a LinkedIn post from Netbank. The companies said the partnership aims to make financial services faster…

BSP Suspends Inbound InstaPay and PESONet Transfers for Coins.ph E-Wallet Operator

The BSP has partially suspended Coins.ph operator DCPay, blocking inbound InstaPay and PESONet transfers. Outbound and QRPh payments remain active.

GCash, PDAX Offer Philippine Government’s RTB 32 Treasury Bond via Mobile App

GCash and PDAX have made the Philippine government’s 2.5-year RTB 32 bond available through the GBonds mobile feature with a 6.875 percent annual yield.

Hollywood’s big debt deal hits a wall of higher yields as Paramount finances Warner Bros. buyout

The Paramount financing will be a closely watched barometer of dealmaking appetite despite rising borrowing costs in 2026.

Could SpaceX be worth $12 trillion one day? Citi says Starship gets it a step closer.

The recent Starship launch helps SpaceX with a number of priorities that could help its stock reach $900 over the long run, an analyst says.

The real prize in AMD’s $8 billion World Labs acquisition isn’t what you’d think

AMD is getting cutting-edge spatial-intelligence models, but more importantly, a leader who can help recruit top talent and bring real-world AI applications into focus.

Target’s price cuts are a sign of strength, some analysts say. Investors disagree.

A Jefferies analyst sees Target “prioritizing the health of the franchise over short-term profit optimization.”

Microsoft’s stock is on track to post its biggest quarterly gain in 28 years

Amid a “flight to quality,” Microsoft’s stock has stood out as an AI winner, according to one analyst

Medicare Advantage plans will be cheaper next year. Here’s the new cost.

Medicare beneficiaries can change their coverage during open enrollment, which begins Oct. 15.

Webinar: Who Wins the Next Era of Embedded Finance?

Embedded finance has settled into the region’s everyday digital life. Payments, credit and wallets now sit inside platforms customers use for something else entirely. What has not settled is who captures the value. The platform owns the journey and the data. Someone further back…

DTI Widens Financing for MSMEs Going for EVs With Veterans Bank

The Department of Trade and Industry (DTI) and Philippine Veterans Bank (PVB) have signed a memorandum of understanding to expand financing options for micro, small and medium enterprises (MSMEs), including those seeking to acquire electric vehicles, according to BusinessWorld.…

Maya Skips the ID Photo for Eligible Account Upgrades

Maya is letting eligible users upgrade their accounts without photographing or uploading a physical ID, according to Wazzup.PH. Users only need to provide details they already know, such as their name and birthday, or their National ID number if they have it saved. Maya checks t…

Solaire Resort Introduces Solaire Pay Digital Wallet Top-Up Feature

Solaire Resort has launched Solaire Pay to allow gaming patrons to transfer funds directly from digital wallets to slot machines.

GCash Opens Stock Investing to Users From Just PHP 500

GCash is letting fully verified users open a brokerage account with AB Capital Securities Inc. directly within its app through GStocks PH, allowing investments in Philippine stocks starting at PHP 500, according to YugaTech. Users can complete registration in minutes, fund their…

RCBC, SSS Partner to Deliver DiskarTech Digital Banking and LoanLite Microloans to OFWs

RCBC and the Social Security System introduced the MySSS Card and the upcoming SSS LoanLite microloan program to Overseas Filipino Workers during SSS Global Kabayan Day in Hong Kong.

Bitget Begins Phased Withdrawal Resumption After $388 Million Security Incident

Bitget has initiated a phased resumption of user withdrawals following a $388 million security exploit on Sept. 24.

‘I’m never selling’: I’m 47 and buy bitcoin with every dollar I earn. Am I crazy?

“When my paycheck lands, it takes a detour through bitcoin.”

SpaceX’s next big growth engine isn’t rockets — it’s this play on AI power, analysts say

The company has a lucrative opportunity in letting rivals tap its data centers for computing power.

AMD makes a big bet on the next era of AI with World Labs acquisition

The chip maker is buying the startup and adding AI pioneer Fei-Fei Li as its chief scientist.

Nvidia makes a statement with historic $150 billion buyback announcement

The company intends to repurchase a large amount of shares through January 2028, reflecting its “confidence in the long-term opportunity ahead.”

MongoDB’s stock is down nearly 20% as CEO decamps to Meta

Meta is creating an enterprise platform business that aims to make it easier for developers to use its products. CJ Desai, formerly of MongoDB, will head up the initiative.

This AI startup has only 14 employees — and a fresh $10 billion valuation

Instinct is rapidly amassing investment dollars, illustrating the rush of excitement around personal AI assistants.

‘I’d rather be on a beach in Bali’: My husband resents my $8 million net worth. Should I pay for his retirement?

“We have an ironclad prenup.”

Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take

Wall Street was hoping last week’s bond rout was the worst of it. Monday indicated otherwise.

BancNet Maintenance Takes Some GCash Services Offline Tonight

Some GCash services will be unavailable overnight as BancNet, the Philippines’ interbank payments network, undergoes scheduled system maintenance, according to ABS-CBN News. The maintenance runs from 11:30 PM tonight to 1:30 AM on September 29, according to GCash’s own Help Cent…

BSP Sets PHP 1 Billion Capital Floor for Banks Acting Like Digital Banks

The Bangko Sentral ng Pilipinas (BSP) has issued capital and other requirements for thrift, rural and cooperative banks shifting to digital bank business models. The move aims to ensure these banks operate safely and soundly. Under Circular No. 1240, dated September 21, 2026, BS…