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Business Ideas

How a Bitcoin Pioneer in PH Survived the Vagaries of the Cryptocurrency Market

Meet the founders of one of the first blockchain technology companies in the Philippines

When John Bailon first heard about Bitcoin, he thought it was a scam.“When I downloaded the software, I ran it, [and] it crashed on my computer,” he told Entrepreneur Philippines during an interview last April.  “I said, this must be a scam. That was maybe ...

by Lorenzo Kyle Subido  | October 15, 2018 09:00:00
Run & Grow

How TrueMoney PH Grew from Zero to 18,000 Financial Centers in Two Years

The fintech startup has already surpassed the networks of the country's largest banks and pawnshops

TrueMoney’s main business involves enabling small enterprises such as sari-sari stores, beauty salons and internet cafés to offer financial services on top of their existing businessesThe Bangko Sentral ng Pilipinas (BSP) readily recognizes the role of financial technology (fintech) as a keystone ...

by Lorenzo Kyle Subido  | September 27, 2018 08:00:00
News and Events

Fintech Startup Rivals Banks' Reach in Bringing Remittances to Remote PH Communities

With 14,000 partners, TrueMoney has the potential to vastly expand payments networks in the country

When WorldRemit, a global digital money transfer service, signed a deal with Southeast Asia-based fintech startup TrueMoney to deliver remittances from overseas Filipinos to family members in the Philippines, it looked like it was simply adding another distribution channel.But with 14,000 TrueMoney ...

by Elyssa Christine Lopez  | August 02, 2018 09:00:00
Business Ideas

With Just Php35k, You Can Turn Your Store, Shop or Home into a Payment Center and Earn Thousands from Transaction Fees

Pasay City sari-sari store owner makes Php10K a month after signing up as partner of Pos!ble.net

Michelle Malaguit has been running a small neighborhood store for 13 years in Pasay City’s Malibay district, a particularly dense and crowded residential area. She has three locations for her store in the same general area.“People are lazy to go out that’s ...

by Elyssa Christine Lopez  | January 24, 2018 07:00:00
News and Events

Biz News Roundup: Pacquiao champions list of top taxpayers; rice tops list of consumer goods; OFW families invest remittances less

Rep. Manny Pacquiao was the top taxpayer in 2013; a recent FNRI survey reveals top food commodities patronized by local consumers; and many OFW families are now not able to invest a portion of remittances from abroad.

Several weeks before what is considered as his most important boxing match, top boxer and Sarangani Representative Manny Pacquiao was officially declared as the top taxpayer in the country. This is according to the latest data, covering individual taxpayers in 2013, from ...

by James Humarang  | March 30, 2015 02:00:00
Business Ideas

5 must-haves for a cash remittance center

i-Remit\\\'s Harris E.D. Jacildo lists down the essentials

Establishing a remittance office needs careful planning. There are many considerations such as location, size of the office and number of staff needed.Entrepreneur.com.ph asked Harris E.D. Jacildo, president and chief operating officer of i-Remit Inc., to list down the things that you ...

by Entrepreneur Staff  | July 20, 2011 12:00:00
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