Aug 13 2024 – Aug 14 2024
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.
iProov will be at World Financial Innovation Series Philippians at our booth in the main expo area as well as speaking on stage. Come and discuss the growing need for biometrics and liveness as part of onboarding, identity and access management solutions across the industry.
Milko Radotic, VP Sales APAC