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| (Image Source: FinTech Alliance PH) |
Global payments leaders Mastercard and Visa are among 22 companies joining FinTech Alliance PH, expanding the country’s largest industry association for digital financial services. The new members were formally inducted during the 2026 FinTech Alliance PH General Membership Meeting (GMM) held last March 11, 2026 at Marquis Events Place in Bonifacio Global City (BGC), Taguig City. The oath-taking ceremony was administered by Department of Information and Communications Technology (DICT) Undersecretary and Cybercrime Investigation and Coordinating Center (CICC) Executive Director Renato “Aboy” Paraiso.
Representing the organizations joining the Alliance are Professor Daniel Broby of the Asian Institute of Management, Amdocs APAC Head of Sales Ehud Kremer, Erma Collantes for Clari5 – A Perfios Company – APAC Regional Head Preekshit Gupta, Cloud Raptor Philippines Inc. Founder and Chief Executive Officer Philip Collinson, Equinix Philippines Inc. Country Director for Sales Jeff Mendoza, Grab Financial Group Country Head Cris Jude Lacsican, HCLTech Director for ASEAN Sales and Client Services Ava Obligacion Tuazon, Innofusion Insurance Broker Inc. (Qoala) Vice President for Commercial Kavan Marambe, Mastercard Philippines Senior Vice President and General Manager Jason Don Crasto, Julius Marty L. Aguila of Monee (Credit) Finance Philippines Inc., MoneeInsure Philippines General Insurance Co. Inc. Business Leader Christopher A. Young, Novus Transact Philippines Corporation Country Head Ariel Gumabao, Ping An Group's OneConnect Financial Technology Smart Technology Philippines Inc. Chief Commercial Officer Ramesh Jairam for Chief Executive Officer Matthew Chen, Paloo Financing Inc. President and General Manager Gabriel Ayala, Rainbow Fintech Corporation Co-Founder and President Mukesh Dhawan, Maria A. Keston of Scoring Technology Inc., Security Bank Corporation Executive Vice President and Segment Head of Wholesome Banking John Cary Lee Ong, ShopeePay Philippines Inc. Head of Product and Marketing Hazel May D. Sumampong, Talino Venture Studios Technology Solutions Inc. Vice President for Revenue and Business Development Maricel Legaspi for Vice President for Finance and Administration January Joy L. Damarillo, Anuj Agarwal for Veefin Solutions Ltd. President and Chief Executive Officer Vivian Kate B. Debnath, Denise Evangelista for Visa Worldwide Pte. Ltd. (Philippines) Country Manager Jeffrey Navarro, and Yinshan Lending Inc. General Manager Michelle Esmeralda.
With the addition of these organizations, FinTech Alliance PH continues to strengthen collaboration across banks, fintech firms, technology providers, digital platforms, and academic institutions working to accelerate digital finance and financial inclusion in the Philippines. The 2026 General Membership Meeting gathered leaders from across banking, fintech, government, and the broader digital economy to discuss key developments shaping the country’s digital financial ecosystem. Among the initiatives highlighted during the gathering were the launch of the Fraud Intelligence Data Sharing (FIDS) Network, an industry-led collaboration aimed at strengthening intelligence sharing to combat financial fraud and cyber-enabled crimes, and expanded engagement with the ASEAN Business Advisory Council (ASEAN BAC) to support regional fintech collaboration. FinTech Alliance PH Founding Chairman and RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva said the continued expansion of the Alliance reflects the growing commitment of industry stakeholders to collaborate in building a more inclusive digital financial ecosystem, stating, “The Philippines is at a critical stage in scaling digital finance. Collaboration among banks, fintech companies, regulators, and technology providers will be key to making digital payments more accessible, secure, and widely adopted.”
The gathering drew more than 600 executives, policymakers, and industry leaders, highlighting the continued momentum of financial technology development in the Philippines. FinTech Alliance PH now represents over 150 corporate members responsible for more than 95 percent of retail digital financial transaction volume in the country and servicing aggregate accounts in excess of 110 million accounts.
