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Startup Tips

Financial Adviser: 5 Business Lessons Every Startup Can Learn from Coins.ph Founder Ron Hose

Coins.ph is the largest blockchain-enabled financial services platform in the country today

Ron Hose is not your typical serial entrepreneur. He does only one thing at a time. When he puts up a startup, he focuses on growing the business as big as he can before he cashes in and moves to another venture.Right ...

by Henry Ong  | July 31, 2018 09:00:00
News and Events

Mirroring Giant Telcos: Is a Duopoly Emerging in Digital Payments Too?

A BSP study uncovers the electronic money issuers leading the race for consumer awareness

Only 1.3 percent of the country’s adult population, which translates to around 900,000 Filipino adults, have an electronic money (e-money) account, according to the Bangko Sentral ng Pilipinas (BSP).In its 2017 Financial Inclusion Survey, the BSP defines e-money accounts as “a transactional ...

by Lorenzo Kyle Subido  | July 13, 2018 01:00:00
News and Events

Buying or Selling Bitcoins? BSP Approves 2 More Virtual Currency Exchanges

The banking regulator has registered a total of five crypto-exchanges since late 2017

The Bangko Sentral ng Pilipinas (BSP) has approved two more companies to operate as virtual currency exchanges (VCEs), or firms that convert Philippine pesos into cryptocurrencies such as Bitcoin and Ethereum, and vice versa.BSP Deputy Governor Chuchi Fonacier has said that the ...

by Lorenzo Kyle Subido  | July 09, 2018 04:00:00
News and Events

You Can Now Reload Your Beep Card by Tapping It On Your Phone

AF Payments is partnering with Coins.ph to allow for easier top-up of the beep card

AF Payments Inc., a joint venture between Philippine conglomerates Ayala Corp. and Metro Pacific Investments Corp., has announced a partnership with fintech startup Coins.ph that allows users to top up their beep cards using only their phones.Using a new feature in the ...

by Lorenzo Kyle Subido  | March 21, 2018 09:00:00
Startup Tips

What You Need to Know About PH’s Bitcoin and Cryptocurrency Startups

Who are the main players, what do they do and who is regulating them?

When Bitcoin exchanges Coins.ph and Satoshi Citadel Industries (SCI) launched in 2014, the Philippine market was only beginning to establish a virtual currency community.Writing in cryptocurrency media website CoinDesk back then, one of the pioneers expressed optimism about the potential of cryptocurrencies ...

by Lorenzo Kyle Subido  | December 18, 2017 10:00:00
News and Events

PH Cryptocurrency Startups Swamped as Bitcoin Transactions Soar Amid Surging Price

Coins.ph warns clients cash-out times may take longer while Satoshi Citadel tries to keep up with growth

In the one-month period from November 11 to December 10, the price of 1 Bitcoin rose 133 percent from $6,334 to $14,774, according to data from CoinDesk.com. The high volatility of the cryptocurrency has sparked a surge in interest from Filipino investors, ...

by Lorenzo Kyle Subido  | December 12, 2017 08:00:00
News and Events

After Warning Vs Cryptocurrencies for Years, Bangko Sentral Grants First-Ever E-Money License to a Bitcoin Startup

Policy turnaround reflects regulators view that virtual currencies can boost financial inclusion

Bitcoin-enabled fintech platform Coins.ph announced it has been granted an Electronic Money Issuer (EMI) license by the Bangko Sentral ng Pilipinas (BSP), making it the first blockchain startup in Asia to win such a license from monetary regulators, it said in a ...

by Elyssa Christine Lopez and Lorenzo Kyle Subido  | November 20, 2017 02:00:00
News and Events

6 Standout Startups of 2016

From huge funding rounds to a chart-topping mobile app, here are some drivers that made six startups stand out (and attracted our attention) in 2016

2016 has been called a lot of things, but for these six startups, the year that is about to close has been a big win.It was the year that the government finally heeded a longstanding clamor of the information technology industry, and ...

by Entrepreneur Staff  | December 30, 2016 11:00:00
News and Events

What's holding back PH startups from taking to the cloud?

Amazon Web Services is making it easy for small businesses to make the big leap

Based on some numbers bandied about by Internet companies, Filipinos seem to be online 24/7.   At 60 percent, smartphone adoption in the Philippines is just behind the US and ahead of Japan, according to Google Philippines. Meanwhile, Facebook said Filipino users spend ...

by Elyssa Christine Lopez  | December 05, 2016 01:00:00
Business Ideas

Forbes Philippines lists the top 24 fintech startups (part 2)

Here’s the conclusion of a roundup of the country’s most innovative financial enterprises

In the October issue of Forbes Philippines, the publication identified fintech startups that lead through innovative strides in all things financial and technological. Following the first part of the list, here are more startups that set and change the game.Apptivate Purchasing gift ...

by Elyssa Christine Lopez  | October 12, 2016 09:00:00
Startup Tips

3 ways cloud computing helps MSMEs

Micro, small, and medium enterprises need to adapt to technological innovations to compete in the global market.

  The Philippine economy has seen significant growth over the past few years, and it stands to reason this growth will continue into the next few years.Related: PH exceeds expectations, posts 6.9% GDP growth in Q1One key opportunity lies in the Philippines’ micro, ...

by Shane Owenby  | May 25, 2016 09:00:00
Startup Tips

Biggest cloud service in the world now in PH

Amazon Web Services has set up a Manila office to develop more products with local businesses.

By this time, getting your company in the cloud is no longer a trend or a luxury but a necessity.The technology has enabled small businesses across the world to access vast opportunities from tapping international markets to upgrading their systems at par ...

by Elyssa Christine Lopez  | May 06, 2016 05:00:00
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