Bonifacio Global City, Taguig, Philippines – In a groundbreaking move set to redefine the future of fintech in the Philippines, Fintech Alliance PH, the nation’s first and largest digital industry organization of startups and unicorns, is proud to announce the staging of the Philippines’ first and largest country pavilion called the “Bagong Pilipinas: The Philippine Country Pavilion” at the Singapore FinTech Festival during the Industry Collaboration Media Kick Off on October 17, 2023, 10:00 AM, at the Ascott BGC in Bonifacio Global City, Taguig.
With this event, Fintech Alliance PH aims to set the stage for the Philippines’ significant presence at the upcoming Singapore FinTech Festival (SFF), scheduled for November 15 to 17 at the Singapore EXPO, Singapore City. SFF is known as the world’s largest fintech gathering, bringing together over 70,000 participants from 135 countries.
The Industry Collaboration and Media Kick Off event features a distinguished lineup of attendees, including key government executives, regulators, and representatives from both the public and private sectors. The gathering serves as a prelude to the Philippines’ significant participation at the SFF, representing a collaborative effort between various government agencies, including the Office of the President, Department of Finance, Bangko Sentral ng Pilipinas, National Economic Development Authority, Department of Information and Communications Technology, Department of Trade and Industry, Securities and Exchange Commission, Board of Investments, and Credit Information Corporation.
Hon. Benjamin E. Diokno, Secretary of the Department of Finance, lauded the private sector’s efforts to join the government’s mission in unlocking the Philippines’ full economic potential.
“I commend the Fintech Alliance for mounting the Bagong Pilipinas Country Pavilion. This is an excellent opportunity to showcase to the rest of the world the Philippines’s strong potential to become the next digital hotspot in the region and a world leader in the Fintech arena,” Diokno said.
“As government leaders and policymakers, it is our job to ensure that digital technologies do not become a weapon for exclusion, social instability, and unequal distribution of power and wealth. The success of digital transformation is not only measured by its ability to drive economic progress. It entails closing the digital gap and ensuring that the gains from digitalization are broadly shared,” Diokno added.
Digital finance champion and founding chairman of Fintech Alliance.PH, Lito Villanueva, shared his enthusiasm for this historic occasion. “Bagong Pilipinas represents the innovation and dynamism of the Philippine fintech industry. We are excited to bring our achievements to a global stage at the Singapore FinTech Festival, showcasing the Philippines as a hub of fintech excellence,” Villanueva said.
The FinTech Alliance initiative is co-presented by the Digital Banks Association of the Philippines with its members Overseas Filipino Bank, Tonik Bank, UNO Digital Bank, Maya Bank, Union Digital Bank, and GoTyme. Other key sponsors include the Land Bank of the Philippines, Finscore, KPMG, PLDT, Bayad Center, International Finance Corporation of the World Bank Group, Development Bank of the Philippines, Tala and Home Credit, among others.
About Fintech Alliance.PH
FinTech Alliance.PH, the Philippines’ premier and largest digital and fintech association, is composed of startups and unicorns that account for over 95 percent of digital-initiated transactions volume in the country. For more information, visit https://www.fintechalliance.ph/.
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