Fueled by the cohesive efforts of both government and private entities, the Philippines’ fintech landscape is gaining traction at a rampant pace. Courtesy of the judicious policy makers and the nation’s booming digitalization, fintech adoption in the Philippines is forecasted to reach 72 percent of the population in 2024.
While the $344 million funding raised in 2022 serves as a huge testament to the growing investors’ confidence in the region, the 867 actively used fintech applications shows the sector’s popularity among the masses. The above also correlates to the fact that over 74% Filipinos own smartphones, thereby making a more opportune scenario for the growth of fintech.
With initiatives like National Strategy for Financial Inclusion 2022-2028, Digital Payments Transformation Roadmap 2020 to 2023, Open Finance Framework and others, the Central Bank of the Philippines (BSP) has been spearheading the sector’s growth in the country. Furthermore, to expedite the adoption of digital financial products, the archipelago is now digitalizing key government agencies including the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC).
Paying heed to the situation and giving a direct gateway to the country’s FSI, World Financial Innovation Series (WFIS) is coming to Manila Marriott Hotel, Philippines again on 13 – 14 August 2024. The event will host over 600 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country.
Percentage of Filipinos adopting fintech in 2024
Fintech funding raised in 2022
Percentage of Filipinos owning smartphones
Unique digital wallet users by 2025
Actively used fintech applications in the Philippines
Presenting the top inspiring names from the industry at the main stage to share crucial intelligence on the most pressing topics, which gets further enriched by a Q&A session.
It showcases thought leadership and cutting-edge knowledge for the growth of the entire business community. A perfect platform that projects the pulse of the industry.
Enabling the organisations to showcase their best to the many pre-qualified delegates at the event in real-time. The provision of using technology just adds on to the whole demonstration and helps in driving more leads from the top companies across the industry.
It’s specifically tailored for the organizations to get in the eyes of the region’s biggest stakeholders and uplift their overall brand image.
Top Talents | Competitive Categories | Exquisite Dishes | Cocktails
This session aims to acknowledge and reward the best of talents, products and organizations that are spearheading innovation and thought leadership in the industry.
The award program will dive into the rich talent pool of myriad industry experts and bestow honour upon their groundbreaking work that has empowered and uplifted the entire FSI landscape.
But that’s not it, the session will also feature a scrumptious spread of hand-picked dishes coupled with a fine range of cocktails to further lift the spirits of the attendees.
An exclusive session for more networking exposure, allowing attendees to break the ice with some spirit-lifting humour, while enabling them to unwind and rub shoulders against industry peers, thought leaders, and potential customers.
Allowing networking interactions to happen in a more relaxed and honest way, where receiving direct feedbacks is a given phenomenon.