2024: A Year of Innovation, Inclusion, and Financial Empowerment in Fintech

As we bid farewell to 2024, the fintech world reflects on a transformative year that reshaped how we manage money, connect communities, and empower individuals. From groundbreaking technologies to global initiatives, here are the key moments that defined this pivotal year.

1. AI-Powered Financial Solutions Lead the Way

Artificial Intelligence redefined financial services in 2024, bringing smarter, more personalized tools to individuals and businesses alike. At the AI Finance Summit in Amsterdam, industry leaders showcased solutions that simplified budgeting, enhanced fraud prevention, and improved customer support. This shift marked a step closer to making finance smarter and more accessible for everyone.

2. Central Bank Digital Currencies Take Center Stage

This year saw an acceleration in the adoption of Central Bank Digital Currencies (CBDCs), with nations like India and Nigeria integrating digital currencies into their economies. The Global CBDC Forum in Singapore highlighted their potential to streamline cross-border payments and foster economic inclusion, ensuring more people could participate in the global economy.

3. Green Fintech: Where Finance Meets Sustainability

Sustainability became a central theme in 2024. Fintech companies introduced tools for tracking carbon footprints, supporting green investments, and financing eco-friendly initiatives. At the Fintech for Climate Conference in Stockholm, innovators demonstrated how financial technology is driving the transition to a greener future.

4. Building Bridges for Financial Inclusion

The fintech industry made great strides in bridging the financial access gap. The Inclusive Finance Forum in Nairobi celebrated tools that brought savings, credit, and insurance to underserved communities, enabling millions to take control of their financial futures. This year solidified fintech’s role as a catalyst for inclusion and empowerment.

5. Blockchain Expands Beyond Cryptocurrency

Blockchain’s impact in 2024 extended far beyond crypto markets. From supply chain transparency to secure identity verification, the technology continued to revolutionize how businesses operate. The Decentralized Finance Expo (DeFiX) in Dubai emphasized the shift toward decentralized systems that are transparent, efficient, and secure.

6. Empowering Tomorrow’s Fintech Leaders

To keep pace with innovation, the fintech industry invested heavily in talent development. Initiatives like the Fintech Academy in San Francisco provided skills training for emerging professionals, ensuring a workforce ready to drive the next wave of change.

Looking Ahead to 2025: A Future of Possibility

As we reflect on 2024, it’s clear that fintech isn’t just about technology—it’s about people. This year’s breakthroughs have brought us closer to a world where financial tools are smarter, greener, and more inclusive.

At Your Ledger, we celebrate these milestones and remain committed to simplifying money management for everyone. As we step into 2025, we’re excited to see how fintech continues to transform lives, create opportunities, and shape a better future for all.

Here’s to a smarter, more accessible financial world in 2025! A happy and prosperous New Year to all!

Merry Christmas from Your Ledger team!

Be glad, and be merry today! A joyful Christmas to all!❄️

Christmas is here—a time to pause, celebrate, and cherish the moments that truly matter. At Your Ledger, we believe this season is about more than just lights and presents; it’s about the joy of connection, the warmth of tradition, and the hope of new beginnings.

As you gather with loved ones, sip hot cocoa, or enjoy the magic of the season, we want to thank you for letting us be part of your financial journey. Your trust and support mean the world to us, and we’re committed to helping you achieve your goals—today, tomorrow, and in the year ahead.

Let this Christmas be a reminder of life’s most precious gifts: health, happiness, and time spent with the people you care about most. From all of us at Your Ledger, we wish you a holiday filled with laughter, love, and everything that brings you peace.

Here’s to a brighter, bolder future and a 2025 filled with new possibilities. Thank you for choosing Your Ledger—we’re so glad to be on this journey with you.

Merry Christmas and Happy New Year!

— The Your Ledger Team

How to Give a Christmas Gift that Grows with Time?

Gift of an ETF stock for Christmas

Stop before you swipe that card! Ditch the usual gift, an Investment Christmas gift is more thoughtful—it’s empowering! 

So this Christmas, ditch the usual and give a gift that keeps on growing. Sure, it’s tempting to go all out with festive shopping, but what if your gift could bring joy and set the stage for a brighter 2025?

At Your Ledger, we believe the best presents aren’t just wrapped in shiny paper—they’re packed with potential. An Investment Christmas Gift is more than thoughtful—it’s empowering! Imagine gifting stocks, bonds, a savings boost, or even financial literacy tools. These aren’t just gifts; they’re seeds for growth, prosperity, and a secure future.

This holiday season, make your generosity unforgettable. Skip the fleeting trends and choose a gift that sparks lasting impact. Let’s make Christmas not just merry—but meaningful, exciting, and forward-thinking. Gift smart this year!

Instead of another gadget or item that fades with time, consider a gift that grows: an investment in the future through fintech stocks or ETFs.

Why Fintech?

Discover why fintech stocks or ETFs make the perfect Christmas gift for future growth. A thoughtful, lasting gift idea from Your Ledger to inspire financial success. Fintech, or financial technology, is revolutionizing the way we bank, invest, and transact. From digital payment platforms to innovative blockchain technologies, fintech companies are shaping the future of money. By gifting fintech stocks or ETFs, you’re giving someone a stake in this exciting transformation.

Think of it as planting a tree: the seed might seem small now, but over time, it has the potential to grow into something extraordinary.

What Makes This Gift Grows with Time?

● Financial Growth: Fintech stocks and ETFs are tied to a growing industry with immense potential for long-term gains.

● Education and Engagement: Owning shares inspires curiosity about the market and encourages learning about investing.

● Personal Empowerment: It’s not just a gift of money; it’s a gift of confidence in their ability to grow wealth.

How to Present the Gift?

You don’t have to be an expert investor to make this happen. There are ways to make it exciting and enticing.

● Choose an ETF or Stock: Options like the iShares MSCI Philippines  ETF (EPHE), First Metro ETF (FMEFMETF or stocks from companies like PayPal or GCash that can provide diversified exposure to fintech.

● Explain in Simple Terms: Share why you chose it—“This company is leading the way in how we’ll manage money in the future.”

● Personalize the Presentation: Include a note on the tag explaining the thoughtfulness behind your choice, emphasizing that this gift is about growth, not just today but for years to come.

Now, Presenting the Bigger Picture

At Your Ledger, we believe in making financial literacy and empowerment accessible to everyone. By gifting a fintech investment, you’re not just giving a financial asset—you’re giving a step towards independence, knowledge, and future success.

This Christmas, let’s rethink the way we give. Move beyond fleeting satisfaction and choose a gift with lasting value—a gift that symbolizes growth, opportunity, and the vision of Your Ledger. Invest in someone’s future. Because the most meaningful gifts don’t just bring joy today—they create possibilities for a lifetime.

Want to learn more? Read more at Your Ledger to discover how fintech investments can transform lives. Start investing early, and you’ll reap the rewards when it matters most.

Keep it Simple: A Gift of Investment

Christmas is a time to pause and think about what you can give to your loved ones. Yes, it's time for a Christmas celebration with families, friends,, and relatives. This universal tradition is a much-awaited event, so celebrate it with a lasting impact on your loved ones' personal lives—they can inspire you in how to invest and build a future, too.

At Your Ledger, we believe money and technology should work together to make life better for everyone. This holiday season, why not make your gift truly meaningful by introducing loved ones to the world of cryptocurrency? Here’s how:

1. Give a Gift with an Investment

Instead of the usual presents, offer something extraordinary—a gift that’s also an investment. Cryptocurrency allows you to share the potential for financial growth with your loved ones in a simple, accessible way.

2. Make Giving that Grows and Multiplies

Unlike traditional gifts, crypto can grow over time. By gifting even a small amount of cryptocurrency, you’re planting a seed that could flourish, introducing your loved ones to new opportunities in the digital economy.

3. Think About the Future

A cryptocurrency gift isn’t just for today—it’s a step toward tomorrow. It inspires forward-thinking and empowers your family and friends to explore a future shaped by innovation and technology.

This Christmas, share the spirit of giving with something that truly lasts—a thoughtful, forward-looking gift of cryptocurrency. At Your Ledger, we’re here to lead you where gift-giving can be lasting, growing, multiplying, and accessible for everyone.

Your Ledger—Keep it a Simple Investment.

Follow us for more inspiring yet practical investment for your future. Make this Christmas season to remember.

Merrier GCash: Enjoy Treats, Prizes, Big Discounts, and Festive Rewards Every day!

Image credits: Manila Standard/Your Ledger

Ho ho ho! ❄️🎁Good news, GCash ensures Lahat Ay Merry this holiday season

GCash, the Philippines’ leading fintech app, is making your Christmas extra festive with its "Merry GCash" Celebration. Running from November 15, 2024, to January 3, 2025, this promo brings incredible deals and rewards that will make every transaction feel like a holiday gift.

Here’s what you can enjoy:

Daily Prizes with Every Transaction: Use GCash to send money, pay bills, or shop online and unlock raffle entries for exciting rewards. Win GCash credits worth up to ₱10,000, discounts from top brands like Bench, Nike, foodpanda, and SHEIN, or enjoy special perks with every payment.

Up to 50% Discounts: Shop smarter this season with massive savings on your favorite brands, perfect for gifting or personal treats.

Holiday Bazaars: Visit the Merry GCash Village at Noel Bazaar and Trendsetter’s Bazaar to enjoy exclusive offers, holiday-themed games, and even discounted GCash cards!

Bonus Promos: Score deals like ₱100 off McDelivery orders of ₱600 or more when you pay via GCash

With these perks, GCash transforms your holiday spending into chances to save, win, and celebrate more. Whether you’re buying gifts, planning festive feasts, or enjoying the season’s activities, these promos ensure a rewarding experience for all.

Don’t let these treats slip away! The clock is ticking, and these rewards are only available for a limited time. Use GCash today to make your Christmas merry and bright—grab your chance now! 

Keep on tuning with us to get more exciting fintech bonus treat this season! 

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Source: 

The Manila Standard - Tech, (2024, November 15).  Be one of 10 million winners and enjoy up to 50% off deals in 'Merry GCash' celebration. Manila Standard. https://manilastandard.net/tech/tech-news/314525481/be-one-of-10-million-winners-and-enjoy-up-to-50-off-deals-in-merry-gcash-celebration.html

Fintech's Recipe for Success: Offering Financial Services as Versatile as a Bowl of UDON

Image credits: Art making of Udon by Siglex/YouTube

Savoring Fintech in a Gourmet look

Imagine a bowl of UDON noodles—simple yet versatile. You can enjoy it in a warm soup, stir-fried, or even chilled. Each way of cooking adds its unique twist, but the essence—the noodle itself—remains the same. This is just like the fintech world, where various services all work toward the same goal: making payments and banking digital, seamless, and accessible.

The Soup Version: Payment Gateways

Image credits: Udon Soup by Your Ledger

Think of UDON in a flavorful broth—classic, comforting, and essential. This is like payment gateways such as PayPal, PayMongo, Dragonpay, or GCash. They act as the “broth” that helps money flow securely between people and businesses. Just as soup can have different flavors, payment gateways are designed to meet specific needs, but their job remains the same: making sure money gets where it needs to go, safely and smoothly.

The Stir-Fried Option: Digital Wallets 

Image credits: Udon Stir-Fry by Your Ledger

Now picture those same noodles sizzling in a hot wok, tossed with fresh veggies and sauce. This is like digital wallets, such as GCash, Maya (formerly PayMaya) or Apple Pay. Quick, adaptable, and easy to use, digital wallets let you pay, send, and receive money instantly. They’re perfect for busy people, just like stir-fried UDON is a fast and flavorful meal.

The Chilled Dish: Investment Platforms

Image credits: Chilled Udon Salad by Le Petit Eats

Chilled UDON served with dipping sauce is a slower, more thoughtful experience, much like investment apps such as Bonds PH, Coins.ph, or Seedbox Technologies. These tools are designed for people who want to grow their money over time. You take a step back, make calculated moves, and aim for long-term gains. It’s not as fast as other fintech options, but the rewards are worth it, just like savoring a carefully prepared bowl of chilled UDON.

The Fusion Twist: Cryptocurrencies and Blockchain

Image credits: Karé Udon by saltnpepperhere

Now imagine UDON with a modern, unexpected twist—like a spicy curry sauce or a sushi-inspired preparation. This represents cutting-edge fintech sectors like cryptocurrencies (Bitcoin, Ethereum) and blockchain technology. They break away from traditional banking, offering something completely new and innovative. It’s a bold choice, just like trying a fusion dish for the first time.

In Conclusion: Same Noodle, Different Styles

No matter how UDON is prepared, the core ingredient never changes. Similarly, whether it’s payment gateways, digital wallets, investment platforms, or blockchain solutions, FinTech’s purpose stays the same: making money management easier and more efficient for everyone. Each sector adds its unique touch, but all serve the same goal—helping people and businesses handle their money in smarter, faster ways.

Therefore, Fintech is like the versatile UDON noodle—simple at heart, yet endlessly adaptable. Whether you need quick and easy payment solutions, long-term investment tools, or cutting-edge cryptocurrency options, fintech has a style to suit your needs. And just like UDON, it continues to evolve to meet the changing tastes of its audience, always delivering value in new and exciting ways.

This article is your guide to understanding the world of fintech—breaking it down into flavors you can relate to while showing how all the parts work together to make your financial life better.

Keep tuned in for more informative insights on fintech investment to guide you in navigating this evolving digital landscape.

MAIN 3Q Pitch Night: Investor Problems and Solutions

Building a startup is no easy feat. From funding gaps to limited networking opportunities, many founders struggle to gain the momentum needed to scale. The recent Q3 Pitch Night, organized by the Manila Angel Investors Network (MAIN) and sponsored by Investible, addressed these pain points head-on, offering startups actionable solutions to their challenges while connecting them with over 120 angel investors.

Startup obstacles and solutions:

1. Struggling with Funding?

For startups, securing funding is often the biggest hurdle. MAIN invests in early-stage companies during pre-seed, Seed, and Series A rounds, focusing on sectors like financial inclusion, employment, and education.

Solution: At events like Pitch Night, founders receive direct exposure to investors eager to fund businesses with transformative potential. MAIN doesn’t just provide capital—they also offer mentorship to guide startups through their growth journey.

2. Lacking Exposure to Investors?

Pitching to the right investors can be a game-changer. However, not all founders have access to a robust network.

Solution: MAIN’s Pitch Night isn’t a competition—it’s a platform. Through five-minute presentations, startups gain visibility among the Philippines’ most prominent angel investors. Whether you’re pitching an AI safety solution like Relyon or innovating in waste management like Rezbin, MAIN ensures your voice is heard.

3. Need to Build Investor Trust?

Building investor confidence requires more than a good idea; it demands credibility and alignment with impactful goals.

Solution: MAIN focuses on startups with high-growth potential and social impact. Past funded ventures include successful startups like Kumu, FlowerStore.ph, and Booky. By aligning your startup’s mission with MAIN’s focus areas, you position yourself for meaningful partnerships.

4. Want to Close the Gender Gap?

Female founders often face additional hurdles in the investment space. MAIN recognizes this gap and actively seeks to bridge it.

Solution: -led startups and engaging more women investors. Initiatives like these not only promote equality but also unlock untapped market potential.

Startup Highlights from Q3 Pitch Night

1. Relyon: Making personal safety accessible with AI.

2. Rezbin: Turning waste disposal into an eco-friendly habit.

3. Auntie: Revolutionizing matchmaking with a family-driven approach.

4. Seeds: Gamifying financial literacy to empower communities.

Why MAIN Matters

MAIN isn’t just an investor network; it’s a catalyst for change in the Philippine startup ecosystem. By addressing pain points like funding, visibility, and mentorship, MAIN ensures startups can focus on what matters most: innovation and impact.

Call to Action

Are you a startup founder seeking funding or mentorship? Or an investor looking to back the next big idea? Your Ledger encourages you to connect with MAIN and become part of a thriving ecosystem driving the future of innovation in the Philippines.

Stay tuned to get fresh updates on the Philippines fintech scene.

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Source:

Francisco, Christian. (2024, July 26). Manila Angel Investor Network showcases 4 promising tech startups in 3Q Pitch Night. The Independent Investor. https://theindependentinvestor.ph/manila-angel-investors-network-showcases-4-promising-tech-startups-in-q3-pitch-night/

A Sourdough Starter Fintech Recipe: Cultivate, Rise, and Thrive to Success

Recipe Cycle of Fintech Startup

Building a successful fintech startup is much like preparing a perfect sourdough starter, scooping nurtured dough as a starter to create delicious bread. Jxust as a sourdough starter requires the right ingredients, right time, patience, and precise measurement of nurturing to rise, your fintech startup needs the right time, strategy, and processes to grow into a successful business. 

Let’s break it down, step by step, using the sourdough starter as a metaphor for fintech success.

1. Clear Vision: The Starter Culture

In sourdough baking, the starter culture is the heart of the bread. It’s made up of a simple mixture of flour and water, but it needs time and attention to develop into something special. Similarly, your fintech startup’s vision is the foundation. It starts with a simple, clear idea about what problem you want to solve and how your platform will change the financial landscape. This vision acts as the starter culture that will grow and evolve as you nurture it.

Painpoint: Without a clear vision, like an underfed sourdough starter, your business can fail to grow or attract the right attention. It’s essential to create a strong, simple foundation that will guide every decision you make.

Just as the starter provides the growth for the bread, a clear vision fuels the direction and expansion of your startup.

2. Technology: Feeding the Starter with the Right Ingredients

Once your sourdough starter begins to develop, you need to keep feeding it the right ingredients—flour and water—to help it grow. In fintech, the technology you use is like the feeding process for your starter. You need to ensure that the tools and tech platforms you adopt are secure, scalable, and up-to-date with the latest trends. These technologies will allow your startup to grow, adapt, and meet the evolving needs of your users.

Painpoint: If you feed your starter the wrong ingredients, it can become weak or even fail. Similarly, using outdated or unreliable tech can stunt the growth of your fintech platform, leading to frustration for both customers and investors.

Just as feeding the starter with the right flour ensures a healthy rise, feeding your fintech business with the right technology ensures stability and growth.

3. User Experience: Shaping the Dough

Once your sourdough starter is active and strong, the next step is shaping it into the dough. The way you handle the dough, giving it time to rise and the right amount of attention, is similar to how you design the user experience for your fintech platform. Just as dough that’s overworked or mishandled can result in a dense, hard loaf, a complicated, clunky fintech platform can turn users away.

Painpoint: If your platform is confusing or hard to use, customers will quickly lose interest, just like a poorly shaped loaf will fail to rise properly.

Focus on simplicity and usability in your platform’s design. When you make the experience smooth and intuitive, your “dough” will rise beautifully, just like a well-handled sourdough loaf.

4. Marketing: Letting the Bread Rise and Get Noticed

As the dough rises, it becomes more visible and appealing. The same is true for your fintech business—you need to let your product “rise” in the market by promoting it effectively. Marketing is your chance to show potential customers how your platform solves their financial challenges. Without effective marketing, even the best fintech platform can go unnoticed, just as dough that doesn’t rise properly can fail to reach its potential.

Painpoint: Without a clear marketing strategy, your fintech platform could stay hidden, even if it’s a great solution. You need to let the world know about it.

Use SEO, content marketing, and social media to spread the word and build awareness of your platform’s benefits, ensuring it rises to the top of the market.

5. Regulatory Compliance: Following the Right Baking Process

Just as there are specific baking steps to ensure the sourdough turns out right, there are essential regulatory rules to follow in the fintech industry. Compliance with financial laws, data protection regulations, and industry standards ensures that your platform operates legally and safely. Ignoring these rules is like skipping crucial steps in baking—your final product could be a failure.

Painpoint: Ignoring regulations or cutting corners can lead to costly mistakes, just as neglecting the baking process can ruin a loaf of bread.

Ensure that your fintech business follows the necessary regulations to maintain trust and avoid legal issues. This will ensure your business rises safely and legally in the market.

Wrapping Up: Let Your Fintech Startup Rise

Just like making the perfect sourdough bread, creating a successful fintech startup requires patience, the right ingredients, and attention to detail. With a clear vision, the right technology, a strong user experience, effective marketing, and regulatory compliance, your startup will grow into a thriving business.

Call to Action

Ready to craft your fintech success? Follow the steps of this recipe and let your business rise to its full potential.

Decoding Southeast Asia's Cross-Border Payment Revolution

Moderator Vincent Fong, Chief Editor of Fintech News Network, has initiated the webinar about the Cross-border Payment fintech scene. In this story, we would like to share relevant insights from each expert in the fintech revolution. This webinar offers a valuable opportunity to explore the ongoing revolution in cross-border payments, especially as Southeast Asia pioneers initiatives like real-time cross-border payment linkages and experiments with multi-CBDC (Central Bank Digital Currency) settlements.

Key Takeaways

1. Latest Trends: Gain insights into cutting-edge developments in cross-border payment systems.

2. Evolution: Understand the journey and transformation of cross-border payments to meet modern demands.

3. Reimagination: Discover how digital innovation is reshaping cross-border payments for the future.

What did the panelists share about their fintech insights, especially on Cross-border payment?

The panelists at the cross-border payments webinar provided diverse insights into the trends and challenges shaping fintech in Southeast Asia, including the Philippines:

1. Yip Kah Kit, Adviser at the Bank for International Settlements (BIS)

He shares his global regulatory perspectives. Highlighted Southeast Asia’s leadership in cross-border payment innovation through initiatives like Project Nexus, which integrates regional payment systems for faster and more efficient transactions. He stressed the importance of robust fraud controls and data-sharing tools, ensuring trust in real-time payment networks, critical for countries like the Philippines.

2. Samarth Bansal, General Manager at Wise

Bansal is a leader in low-cost international money transfers. He emphasized the growing adoption of instant domestic payment systems in Southeast Asia and how these are influencing cross-border payments. For the Philippines, where remittances are vital, this trend aligns with efforts to make cross-border payments more affordable and transparent.

3. Low Cher Hao, Head of SME & Growth, Singapore at Airwallex 

He focused on scalable business solutions. He discussed how globalization and macroeconomic shifts are pushing SMEs in the region to adopt flexible payment solutions. He noted that initiatives like Project Nexus enable Philippine businesses to integrate into regional and global markets, helping them expand and navigate geopolitical and economic challenges.

4. Ed Metzger, VP of Market Planning at LexisNexis Risk Solutions 

Metzger specialises in payment efficiency. He mainly focused on the risks of instant payments, particularly fraud, in rapidly digitizing regions like Southeast Asia. He proposed leveraging advanced technologies such as AI and machine learning to enhance security without compromising the seamlessness of the user experience—a critical concern for the Philippine fintech ecosystem.

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Source:

Fong, Vincent. "Decoding Asia's Cross-Border Payment Revolution." YouTube, 7 August 2024, youtu.be/7Qs6AZ-7Vws?si=r5KDZCClPdRXUbMj

 

Discover the Future of Digital Finance Summit 2024

Image credits:Digital Finance Summit 

For the 8th consecutive year, FinTech Belgium is bringing together the brightest minds and key players in the fintech industry for a one-of-a-kind event. Taking place on Friday, December 6th, at The Egg in Brussels, this year’s conference promises an exciting program packed with opportunities to learn, connect, and innovate.

This one-day event will host over 600 attendees, 120+ speakers across 4 stages, and 30+ exhibitors, offering an unparalleled platform for networking with leading figures in Belgium’s fintech world. One of the highlights is the EU Fintech Pitch Battle, where 20 fintech startups will showcase their ideas in front of top investors, competing for 4 prestigious awards.

This Year’s Theme: Leveraging Natural Intelligence in Digital Finance

In a world dominated by discussions about Artificial Intelligence (AI), this year’s theme—Leveraging Natural Intelligence—offers a refreshing perspective. The conference will emphasize the unique value of human insight, creativity, and ethical judgment in shaping the future of digital finance.

While AI has revolutionized how financial institutions operate, this event focuses on how natural intelligence—our innate human abilities—can work alongside technology to create innovative, customer-focused, and ethical financial solutions.

What to Expect

The program is designed to inspire and educate through:

Keynote speeches by industry leaders sharing cutting-edge ideas.

Panel discussions exploring how to balance AI with human expertise.

Workshops that dive into real-world strategies for innovation, ethics, and design thinking in digital finance.

Attendees will leave with actionable insights on how to:

1. Combine human intuition with AI to drive better decision-making.

2. Tackle ethical challenges in the fintech space.

3. Use human-centric design to solve complex financial problems.

Special Offer for The Banking Scene Community

As proud media partners of FinTech Belgium, the Digital Finance Summit is excited to offer an exclusive 30% discount on standard tickets! Don’t miss this chance to join the conversation, gain valuable insights, and network with fintech leaders.

Why You Should Attend

• This conference is not just another fintech event—it’s an opportunity to:

• Stay ahead of trends in digital finance.

• Meet and network with top players in the industry.

• Discover innovative solutions from fintech startups and exhibitors.

Join us and mark your calendar on December 6th at The Egg in Brussels. Let’s shape the future of digital finance together, with a focus on innovation, ethics, and the power of human intelligence. You can buy tickets here and enter the promo code TBS_FTBE_media24.

PayMongo Story: Simplifying Digital Payments for Filipino Entrepreneurs

Image credits: Your Ledger / PayMongo

In today’s fast-paced, technology-driven world, Filipino entrepreneurs face one critical challenge: making online payments simple and accessible for their customers. The solution? PayMongo—a homegrown fintech startup that’s transforming the way businesses accept payments and thrive in the digital economy.

Founded in 2019, PayMongo set out with a clear mission: to make digital payments seamless for every Filipino business. From small online sellers to growing SMEs, the team behind PayMongo saw the pain points of local entrepreneurs—complicated payment setups, high transaction fees, and limited access to modern solutions. They knew something had to change.

Simplifying Payments for Every Filipino Entrepreneur

At its core, PayMongo is all about making things simple. The platform allows businesses to accept payments through multiple channels, including credit cards, GCash, Maya, and even over-the-counter options. What sets them apart is their quick and user-friendly onboarding process.

Here’s how it works:

1. Business owners sign up online—no lengthy paperwork is required.

2. They integrate PayMongo’s payment tools, like payment links or APIs, into their websites or social media platforms.

3. Customers can now pay with just a few clicks, choosing the method that’s most convenient for them.

This simplicity empowers entrepreneurs to spend less time worrying about transactions and more time growing their businesses.

A Lifeline During the Pandemic

The COVID-19 pandemic forced many businesses to go online. For those who weren’t ready, the transition was daunting. PayMongo became a lifeline for thousands of entrepreneurs during this critical time.

Take Maria, for example, a small business owner selling eco-friendly skincare products. Before PayMongo, Maria relied on manual bank deposits, which often confused her customers and delayed sales. Switching to PayMongo allowed her to offer a range of payment options, boosting her customer satisfaction and increasing her sales by 50% in just a few months.

Stories like Maria’s highlight PayMongo’s impact—not just as a payment processor but as a true partner in business growth.

Backed by Global Confidence

PayMongo’s rapid success caught the attention of global investors, including Stripe, one of the world’s leading payment platforms. With support from Y Combinator and other high-profile backers, the startup raised millions in funding, validating its potential to scale and innovate further.

For Filipino entrepreneurs, this international confidence in PayMongo is a testament to the Philippines’ growing fintech landscape. It’s a sign that local businesses can compete and thrive on the global stage.

Building a Future of Financial Inclusion

PayMongo’s mission extends beyond just payments. They envision a future where every Filipino entrepreneur, no matter their size or location, has access to the tools they need to succeed in the digital economy. By empowering businesses to embrace digital payments, PayMongo is also fostering financial inclusion—a critical step toward economic growth in the Philippines.

For entrepreneurs looking to grow their businesses, PayMongo offers more than convenience—it offers a chance to thrive. In today’s digital age, they’re proving that fintech isn’t just about technology; it’s about empowering people to build better futures.

Do not get behind. Find out more in Your Ledger!

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A Never Miss 2025 Asian Banking & Finance and Insurance Summit in the Philippines

Image credits: Your Ledger /Asian Banking & Finance

Mark your calendar for March 11, 2025, as Asian Banking & Finance and Insurance Asia brings the much-anticipated Asian Banking & Finance and Insurance Asia Summit to the Philippines. This event will explore the theme, "Adapting to the Digital Age: New Horizons for Finance and Insurance," showcasing insights from industry leaders on the rapid transformation reshaping the financial landscape.

Why Not to Miss this Event?

● It Builds Connections That Matter

Meet the top minds in Philippine banking and insurance. From executives to policymakers, this summit offers unmatched networking opportunities to connect with the leaders driving digital innovation in the financial sector.

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● Get to Understand the Philippine Market

Learn how financial institutions are addressing unique challenges like increasing financial inclusion, adapting to virtual banking trends, and meeting the needs of today’s tech-savvy consumers.

● Get to Discover Groundbreaking Solutions

Explore the newest technologies in fintech and insurtech. Gain insights into how local firms are improving customer experiences, streamlining processes, and leading the way in digital transformation.

● You will Grow with Actionable Insights

Take-home strategies designed for the Philippine market. From tackling regulatory shifts to managing risks in the digital economy, you’ll leave equipped to stay ahead in this rapidly evolving space.

A Glimpse of What’s in Store

This summit is more than an event; the Asian Banking & Finance and Insurance Asia Summit 2025 is your gateway to staying ahead of industry trends while gaining a competitive edge in the Philippines' financial sector, it’s a platform to drive change. Be part of discussions on topics like financial inclusion, risk management, and the future of virtual banking. With an expert lineup of speakers, you’ll get a clear roadmap to navigate the challenges and opportunities of a digital-first future. 

Secure Your Spot Today and register here! And to buy your 'ticket type' click here, and tap on Asian Banking & Finance and Insurance Summit - Philippines. 

By the way, a complimentary delegate pass for those who are banks' head department, senior management and C-suite executive.

Your Ledger is thrilled to spotlight this event, aligning with its mission to empower Filipino investors and professionals with the latest insights in the ever-evolving world of finance.

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Source: Asian Banking & Finance and Insurance Asia Summit - Philippines 

The Philippines' First Bank-Backed Peso Stablecoin Has Launched!

The launch of PHPX, the first-ever bank-backed Philippine Peso stablecoin, marks an exciting development for fintech in the Philippines. A joint initiative between top banks like UnionBank of the Philippines (UBX), RCBC, Cantilan Bank, and Rural Bank of Guinobatan, along with fintech firm JUST Finance--a partnership of FSCO and Ayannah, PHPX promises to provide a safer and more affordable way for Filipinos to manage money digitally. It seeks to simplify cross-border payments and remittances.

What is PHPX?

PHPX is a digital version of the Philippine Peso (PHP), supported by reserves held by licensed banks. Unlike other digital currencies or cryptocurrencies, PHPX maintains a stable value, backed by real-world pesos. This makes PHPX a reliable and secure option for everyday transactions, combining the benefits of digital payments with stability.

Why PHPX is Important

1. Lower Costs for Sending Money: PHPX reduces the cost and time involved in sending money. Whether for remittances abroad or business exchanges, PHPX simplifies transactions by removing intermediaries and speeding up the process.

2. Easy to Use for Cross-Border Payments: PHPX allows users to easily convert pesos into other major stablecoins like USDC (US Dollar stablecoin) or EURC (Euro stablecoin). This simplifies international transactions and is especially useful for Filipinos sending money home from abroad.

3. Secure and Regulated: Distributed exclusively through licensed banks, PHPX meets stringent security and compliance standards. This regulated framework ensures trustworthiness for both local and international transactions.

4. Investment Opportunities: PHPX also opens the door to investing in digital assets such as tokenized bonds and ETFs (Exchange-Traded Funds) denominated in PHP, USD, and EUR. This gives Filipinos a chance to grow their wealth using a simple digital platform.

How PHPX is Changing the Game

The global digital finance landscape is rapidly evolving, with stablecoins like PHPX playing a central role. Stablecoin transactions exceeded $9 trillion in 2024, showing a strong demand for secure, efficient digital currencies.

For the Philippines, PHPX addresses several key needs:

Remittances: Many Filipinos rely on sending and receiving money from overseas. PHPX offers a faster, cheaper way to make these transactions.

Financial Inclusion: While traditional bank access can be limited, PHPX allows anyone with a smartphone to participate in the digital economy, expanding access to financial services.

Expert Insights

David Inderias, CEO of JUST Finance, emphasizes the broader impact of PHPX:

 "This initiative empowers   Filipinos with secure,     high-yield financial tools,   fostering a culture of     savings and investment     that’s easy to use and       widely accessible.”

Lito Villanueva, Chairman of the Fintech Alliance Philippines, discusses PHPX’s role in cross-border payments:

 

"PHPX will provide Filipinos globally with faster, cheaper, and more secure financial solutions for payments and remittances."

Looking Ahead

PHPX represents a significant step in modernizing the financial landscape for Filipinos. By combining blockchain technology with traditional banking, PHPX creates a digital ecosystem that’s secure, efficient, and accessible. For those in the Philippines, PHPX is an exciting way to manage money, save, and invest in today’s fast-evolving fintech world.

Stay updated with more fintech trends and innovations here at Your Ledger!

Tonik Bank's New Gupshup Chatbot: Your 24/7 AI Assistant for Seamless Digital Banking

Tonik Bank plus Gupshup equals conversational service to you!

Tonik Bank, the Philippines' first digital-only bank, has partnered with Gupshup, a global leader in conversational AI, to launch an advanced AI-powered chatbot for its mobile app. This innovative tool aims to provide Tonik’s customers with fast, accurate answers to common banking questions, transforming how users interact with their bank.

The chatbot, powered by Gupshup's cutting-edge AI technology, understands customer queries with near-human accuracy. It can provide personalized responses, reducing wait times and ensuring smoother customer service. With this integration, Tonik becomes the first bank in the Philippines to utilize generative AI for customer support, setting a new standard in the local banking sector.

Get to know Gupshup

Gupshup is revolutionizing how businesses engage with customers by providing a Conversational Engagement Platform designed for seamless communication across 30+ channels, including WhatsApp, Messenger, and SMS. It empowers companies to enhance their customer interactions in commerce, marketing, and support, using AI-driven chatbots and APIs for personalized, efficient conversations.

With its versatile tools, businesses can streamline operations, resolve customer queries faster, and deliver tailored experiences, fostering greater satisfaction and loyalty. Trusted across industries like fintech, retail, and e-commerce, Gupshup enables brands to scale their customer engagement strategies effectively. By integrating advanced technologies like generative AI, Gupshup ensures meaningful and secure interactions that build long-term customer relationships. Visit and get to know Gupshup here.

Whether you're a fintech enthusiast or an entrepreneur, Gupshup offers a competitive edge, combining innovative tech with real-world usability. This makes it an essential partner for businesses aiming to stay ahead in the evolving digital landscape.

The Partnership Goal

● Transforming Customer Service

Since the chatbot's implementation, Tonik reports that 90% of customer queries are handled through the app, with the AI resolving 75% of them without requiring human intervention. This has made their customer support team over four times more efficient, allowing them to focus on complex concerns.

● Cost Savings and Future Goals

Tonik expects the chatbot to save over $20 million in operational costs within three years. Sateesh Reddy, Tonik Bank's Deputy CTO, highlighted the chatbot’s role in automating routine tasks and improving customer satisfaction, while Gupshup's CEO, Beerud Sheth, described the partnership as a glimpse into the future of banking.

● AI-Powered Technology

The chatbot uses Gupshup’s ACE LLM, a specialized AI model built for industries like banking, marketing, and customer support. The platform combines top AI models like OpenAI GPT and Meta’s Llama 2 to deliver enterprise-grade security, better response accuracy, and deeper customer insights.

This partnership marks a big step forward in digital banking in the Philippines, demonstrating the growing role of AI in creating efficient, customer-focused solutions.

Read more to get to know how fintech innovations transform our banking transactions more exciting!

Join the International Conference on Wireless Networks and Mobile Communication

 

Kickstart 2025 with Game-Changing Tech Insights. Mark Your Calendar: January 20-21, 2025 | Davao City, Philippines 

Ready to supercharge your year? Don’t miss the Davao Fintech Event 2025—a powerhouse gathering for innovators, tech leaders, and changemakers in wireless networks and mobile communication.

This international conference, hosted by Eurasia Web, gets into cutting-edge challenges and opportunities shaping wireless technology. Whether you’re a tech-savvy professional, a curious academic, or an industry leader, this is your ultimate platform to network, share, and learn with top minds from around the globe.

Here’s Why You Can't-Miss It:

📡 Tech-Packed Discussions – Explore groundbreaking solutions in wireless networks and mobile communication.

🌐 Global Exchange – Meet experts from both academia and industry.

Your Gateway to Innovation – Fresh ideas, new partnerships, and insights you need to lead the future.

📅 Key Dates to Remember:

✅ Submit Your Proposals by January 5, 2025

✅ Event Dates: January 20-21, 2025

✅️ Venue: Davao City, Philippines

Questions? You may reach at info@eurasiaweb.com

Ready to Elevate Your Game? Register Today! 

Stay ahead of the curve and be part of the next big thing in tech. Don’t wait—click the link to register now and lock in your spot at https://eurasiaweb.com/Conference/48829/EUIWNMC/

Let’s start the year loud, proud, and future-ready. See you in Davao!

Follow us for more upcoming fintech events in 2025.

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Source: Eurasia Web Global Research Forum

GBonds Launch on GCash—Treasury Bond on Sale in December!

The Philippine government is making investing in government bonds easier and more accessible by launching GBonds on the GCash app this December. With just a few taps on your smartphone, Filipinos can invest in government securities and take steps toward securing their financial future.

Investing Made Simple

During the Bureau of the Treasury’s 127th Anniversary, Finance Secretary Ralph Recto introduced this initiative, emphasizing its goal of making bond investments a regular part of Filipino life:

 “We envision a future where investing in government bonds is no longer a luxury but as simple as ordering food online. This empowers Filipinos to secure their future from the comfort of their homes.”

Recto urged GCash, PDAX, and regulators to speed up the launch process to bring this vision to life.

Why GBonds Matter

By making government bonds available on GCash, the government aims to encourage more Filipinos to invest and save. The easy-to-use platform removes the usual barriers to investment, making it a practical option for those looking to grow their money while supporting the country’s development.

A Boost for Financial Inclusion

This initiative supports the government’s broader goal of creating a more inclusive financial system, where investments are accessible to everyone. With GBonds, Filipinos from all walks of life can take part in the nation’s progress while securing their financial goals.

Recto also praised government securities-eligible dealers (GSEDs) for their efforts in raising PHP 586.84 billion during the 30th Retail Treasury Bond offering, a key achievement in strengthening the Philippine capital market.

The upcoming launch of GBonds could redefine how Filipinos invest, making it as effortless as sending money or paying bills on mobile apps.

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Source: FintechNews Philippines, November 14, 2024

D.R.I.V.E you into Direction, Relationships, Influence, Values, and Execution

Image credits: Your Ledger / EventBrite 

Empowering Filipino Entrepreneurs with Purpose, Strategies, Business Edge, and Network 

The world is changing fast, and the fintech industry is leading the way—it’s a gateway to opportunities that can transform businesses and communities. Whether it’s making transactions smoother, unlocking new investment tools, or creating innovative financial solutions, fintech is reshaping how we build wealth and success. If you’ve been looking for a way to gain a foothold in this fast-growing industry, Eventbrite organized this power-packed event, D.R.I.V.E., Business Mastery & More event happening on November 17 is your chance to get started. For aspiring investors, fintech opens doors to exciting opportunities—whether it’s through digital wallets, blockchain technology, or investment apps. These tools are changing the game, making investing more accessible even if you’re just starting with a small budget. But with so many options, knowing where to begin can feel overwhelming. That’s why workshops like D.R.I.V.E. are essential—they guide you step by step to build confidence and clarity.

This free online workshop is packed with tools to help you align your goals with what matters most to you, and create meaningful results for your business or investment journey. Here’s why this opportunity is worth your time.

D.R.I.V.E. helps you Succeed

D.R.I.V.E. stands for discovering your Direction and mastering the key areas of Relationships, Influence, Values, and Execution. For Filipino entrepreneurs and investors, these principles can make a big difference in how you approach fintech and business opportunities.

Here’s how this event can help:

1. Find Your Purpose

Success isn’t just about making money; it’s about aligning your goals with your values. During the event, you’ll learn how to identify what truly motivates you—whether it’s providing for your family, helping your community, or achieving personal freedom—and how to use that purpose to guide your decisions.

2. Build Smart Strategies

Fintech is full of potential, but to succeed, you need to know where to focus. The event will teach you practical strategies for spotting trends, understanding risks, and growing your investments without feeling lost or intimidated by complex terms.

3. Boost Your Business Edge

Entrepreneurs will learn how to use FinTech tools to make business processes faster, improve customer experiences, and tap into new markets. It’s about working smarter, not harder, to grow your business.

4. Grow with a Supportive Network

Events like this connect you with like-minded Filipinos who share the same drive to succeed. Collaboration is key in building a future-proof career or business, and this is the perfect chance to find your community.

With D.R.I.V.E you can step into the Fintech Revolution

The fintech industry in the Philippines is just getting started, and you have the chance to be part of this exciting movement. Whether you’re an entrepreneur aiming to modernize your business or an investor eager to explore new opportunities, this event is designed to give you the tools you need to succeed.

The future belongs to those who are ready to adapt and grow. Take the first step by joining the D.R.I.V.E., Business Mastery & More workshop on November 17. It’s not just a chance to learn—it’s a chance to lead. Together, we can create a stronger, smarter, and more connected Filipino community through the power of fintech.

Don’t wait. Reserve your spot today and take your journey to the next level at EventBrite organizer.