Latest news with #RCBC
Yahoo
4 days ago
- Business
- Yahoo
MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines' Expanding Card Market
SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) -- MoneyHero Limited (NASDAQ: MNY) (MoneyHero' or the 'Company'), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership with Rizal Commercial Banking Corporation ('RCBC'), a trusted leader in Philippine banking known for its customer-focused innovation and inclusive financial services, through its card servicing entity, RCBC Bankard Services Corporation ('RCBC Credit Cards'). Through this collaboration, MoneyHero will integrate RCBC's full suite of rewards, lifestyle, travel, and premium credit card products into its digital platform, enabling Filipinos to seamlessly discover, compare, and apply for cards that suit their personal financial needs. This partnership significantly expands MoneyHero's credit card offerings in the Philippines and reinforces its position as the leading digital acquisition partner for banks and personal finance aggregation and comparison platforms in the region. By combining MoneyHero's digital conversion expertise with RCBC's strong growth momentum in consumer finance and strategic focus on data-driven innovation, the strategic partnership will improve customer experience and expand access to personal financial solutions. Together, they will advance a more inclusive and digitally empowered financial ecosystem for Filipinos. Rohith Murthy, CEO of MoneyHero, said: 'We are excited to welcome RCBC as a partner on our platform. By combining MoneyHero's aggregation technology with RCBC's rich credit card portfolio, we are empowering Filipino consumers to make smarter financial decisions. This partnership continues our mission to simplify financial choices for consumers while supporting our bank partners in driving digital acquisition at scale. This partnership accelerates our penetration into regional markets, deepens user engagement, and highlights our asset-light, mutually-beneficially partnership-led growth model.' Arniel Vincent B. Ong, RCBC Credit Cards President & CEO, said: 'We're excited to partner with MoneyHero to offer our full suite of credit cards directly to consumers through a seamless digital experience. Our credit card business has shown exceptional momentum, with credit card receivables growing 48% and cards in force increasing 21% in 2024 alone, underscoring strong consumer engagement. This rapid growth in credit cards will make us a powerful partner for MoneyHero's expanding presence in the country. By integrating with MoneyHero's platform, we're making it easier for Filipinos to compare and apply for the card that best fits their needs, strengthening our commitment to innovation and financial inclusion.' About MoneyHero Group MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia's largest operating B2C platform. MoneyHero had over 290 commercial partner relationships as at 31 December 2024, and had approximately 6.2 million Monthly Unique Users across its platform for the three months ended 31 December 2024. The Company's backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC's digital economy, please visit About Rizal Commercial Banking Corporation RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services. RCBC is engaged in all aspects of traditional banking, investment banking, microfinance, retail financing (auto, mortgage and housing loans, and credit cards), remittance, leasing, foreign exchange, and stock brokering. RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in South East Asia. For more information, please visit About RCBC Bankard Services Corporation RCBC Bankard Services Corporation ('RBSC') manages credit cards, personal loans, and merchant payment solutions for Rizal Commercial Banking Corporation ('RCBC'). RCBC and RBSC are part of the Yuchengco Group of Companies, one of Southeast Asia's oldest and largest conglomerates. RBSC provides innovative cashless payments and versatile add-on services. For more information about RBSC, please visit For MoneyHero inquiries, please contact: Investor Relations:MoneyHero IR TeamIR@ Media Relations:MoneyHero PR TeamPress@ For Rizal Commercial Banking Corporation inquiries, please contact: RCBC Credit Cards:email@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Barnama
4 days ago
- Business
- Barnama
MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines' Expanding Card Market
SINGAPORE, June 5 (Bernama) -- MoneyHero Limited (NASDAQ: MNY) (MoneyHero' or the 'Company'), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership with Rizal Commercial Banking Corporation ('RCBC'), a trusted leader in Philippine banking known for its customer-focused innovation and inclusive financial services, through its card servicing entity, RCBC Bankard Services Corporation ('RCBC Credit Cards'). Through this collaboration, MoneyHero will integrate RCBC's full suite of rewards, lifestyle, travel, and premium credit card products into its digital platform, enabling Filipinos to seamlessly discover, compare, and apply for cards that suit their personal financial needs. This partnership significantly expands MoneyHero's credit card offerings in the Philippines and reinforces its position as the leading digital acquisition partner for banks and personal finance aggregation and comparison platforms in the region. By combining MoneyHero's digital conversion expertise with RCBC's strong growth momentum in consumer finance and strategic focus on data-driven innovation, the strategic partnership will improve customer experience and expand access to personal financial solutions. Together, they will advance a more inclusive and digitally empowered financial ecosystem for Filipinos.
Yahoo
4 days ago
- Business
- Yahoo
MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines' Expanding Card Market
SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) -- MoneyHero Limited (NASDAQ: MNY) (MoneyHero' or the 'Company'), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership with Rizal Commercial Banking Corporation ('RCBC'), a trusted leader in Philippine banking known for its customer-focused innovation and inclusive financial services, through its card servicing entity, RCBC Bankard Services Corporation ('RCBC Credit Cards'). Through this collaboration, MoneyHero will integrate RCBC's full suite of rewards, lifestyle, travel, and premium credit card products into its digital platform, enabling Filipinos to seamlessly discover, compare, and apply for cards that suit their personal financial needs. This partnership significantly expands MoneyHero's credit card offerings in the Philippines and reinforces its position as the leading digital acquisition partner for banks and personal finance aggregation and comparison platforms in the region. By combining MoneyHero's digital conversion expertise with RCBC's strong growth momentum in consumer finance and strategic focus on data-driven innovation, the strategic partnership will improve customer experience and expand access to personal financial solutions. Together, they will advance a more inclusive and digitally empowered financial ecosystem for Filipinos. Rohith Murthy, CEO of MoneyHero, said: 'We are excited to welcome RCBC as a partner on our platform. By combining MoneyHero's aggregation technology with RCBC's rich credit card portfolio, we are empowering Filipino consumers to make smarter financial decisions. This partnership continues our mission to simplify financial choices for consumers while supporting our bank partners in driving digital acquisition at scale. This partnership accelerates our penetration into regional markets, deepens user engagement, and highlights our asset-light, mutually-beneficially partnership-led growth model.' Arniel Vincent B. Ong, RCBC Credit Cards President & CEO, said: 'We're excited to partner with MoneyHero to offer our full suite of credit cards directly to consumers through a seamless digital experience. Our credit card business has shown exceptional momentum, with credit card receivables growing 48% and cards in force increasing 21% in 2024 alone, underscoring strong consumer engagement. This rapid growth in credit cards will make us a powerful partner for MoneyHero's expanding presence in the country. By integrating with MoneyHero's platform, we're making it easier for Filipinos to compare and apply for the card that best fits their needs, strengthening our commitment to innovation and financial inclusion.' About MoneyHero Group MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia's largest operating B2C platform. MoneyHero had over 290 commercial partner relationships as at 31 December 2024, and had approximately 6.2 million Monthly Unique Users across its platform for the three months ended 31 December 2024. The Company's backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC's digital economy, please visit About Rizal Commercial Banking Corporation RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services. RCBC is engaged in all aspects of traditional banking, investment banking, microfinance, retail financing (auto, mortgage and housing loans, and credit cards), remittance, leasing, foreign exchange, and stock brokering. RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in South East Asia. For more information, please visit About RCBC Bankard Services Corporation RCBC Bankard Services Corporation ('RBSC') manages credit cards, personal loans, and merchant payment solutions for Rizal Commercial Banking Corporation ('RCBC'). RCBC and RBSC are part of the Yuchengco Group of Companies, one of Southeast Asia's oldest and largest conglomerates. RBSC provides innovative cashless payments and versatile add-on services. For more information about RBSC, please visit For MoneyHero inquiries, please contact: Investor Relations:MoneyHero IR TeamIR@ Media Relations:MoneyHero PR TeamPress@ For Rizal Commercial Banking Corporation inquiries, please contact: RCBC Credit Cards:email@
Yahoo
14-03-2025
- Business
- Yahoo
16th annual RBI Asia Trailblazer Awards
The 16th edition of the RBI Asia Trailblazer Awards concluded last night in Singapore, celebrating the most transformative and forward-thinking achievements in retail banking across Asia Pacific. Recognising outstanding innovation, digital excellence and customer-centric strategies, the awards highlighted the institutions and individuals shaping the future of financial services in the region. The most prestigious accolades of the evening—the Asia Trailblazer of the Year 2025 awards—were presented to: Lito Villanueva, RCBC (Individual Award) – Honoured for his visionary leadership and pioneering efforts in advancing digital and inclusive banking solutions. United Overseas Bank (UOB) (Institution Award) – Recognised for its market-leading digital transformation initiatives and seamless cross-border banking connectivity. This year's winners demonstrated key industry trends, including AI-driven hyper-personalisation, cross-border banking innovations, financial inclusion and sustainability-focused banking models. Many submissions reflected banks' increasing investment in fintech partnerships, the expansion of seamless digital ecosystems and the evolution of embedded finance solutions to meet the needs of APAC's rapidly growing digital economy. Recognising the outstanding achievements of this year's winners, MEED's Banking & Finance Editor, Sarah Rizvi, said: "This year's winners set new benchmarks for excellence, showcasing how innovation is redefining the future of retail banking in Asia. From AI-powered personalisation to cross-border digital banking, the industry has made remarkable strides in meeting evolving customer expectations. The quality of submissions this year highlights the sector's dedication to driving financial inclusion and creating seamless, customer-centric experiences. Congratulations to all the winners for leading the way in this transformative journey.' The awards ceremony provided a platform for industry leaders to connect, reflect on key trends, and celebrate achievements that are shaping the future of banking in Asia. "The RBI Asia Trailblazer Awards 2025 brought together the best minds in retail banking for an evening of recognition and celebration,' said Sonia Kerrigan, Senior Commercial Director, MEED. 'This event not only honours outstanding achievements but also fosters dialogue on the future of financial services in Asia. It was inspiring to witness industry leaders coming together to share insights and celebrate innovation in banking. We look forward to seeing how these trailblazers continue to shape the industry in the coming years." The awards ceremony also honoured excellence across multiple categories, including digital banking, product innovation, customer experience and sustainable finance, reflecting the sector's continued evolution in response to shifting consumer needs and technological advancements. For the full list of winners and highlights from the event, visit "16th annual RBI Asia Trailblazer Awards – winners revealed" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
