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 on March 11 at Marquis Events Place in Bonifacio Global City. The oath-taking ceremony was administered by Department of Information and Communications Technology Undersecretary Renato “Aboy” Paraiso, Executive Director of the Cybercrime Investigation and Coordinating Center (CICC).
The organizations and their representatives include the Asian Institute of Management (Professor Daniel Broby); Amdocs (Ehud Kremer, APAC Head of Sales); Clari5 – A Perfios Company (Preekshit Gupta, Regional Head for APAC, represented by Erma Collantes); Cloud Raptor Philippines, Inc. (Philip Collinson, Founder and Chief Executive Officer); Equinix Philippines, Inc. (Jeff Mendoza, Country Director for Sales); Grab Financial Group (Cris Jude Lacsican, Country Head); HCLTech (Ava Obligacion Tuazon, Director for Sales and Client Services ASEAN); Qoala through Innofusion Insurance Broker, Inc. (Kavan Marambe, Vice President for Commercial); Mastercard Philippines (Jason Don Crasto, Senior Vice President and Country Manager); and Monee (Credit) Finance Philippines, Inc., operator of SPayLater and SLoans (Julius Marty L. Aguila, Head).
Also joining the Alliance are MoneeInsure Philippines General Insurance Co., Inc. (Christopher A. Young, Business Leader); Novus Transact Philippines Corporation (Ariel Gumabao, Country Head); OneConnect Financial Technology Smart Technology Philippines, Inc. of Ping An Group (Matthew Chen, Chief Executive Officer, represented by Chief Commercial Officer Ramesh Jairam); Paloo Financing, Inc. (Gabriel Ayala, President and General Manager); Rainbow Fintech Corporation (Mukesh Dhawan, Co-Founder and President); Scoring Technology, Inc. (Marfa A. Keston, Head); Security Bank Corporation (John Cary Lee Ong, Executive Vice President and Segment Head for Wholesale Banking); ShopeePay Philippines, Inc. (Hazel May D. Sumampong, Head of Product and Marketing); Talino Venture Studios Technology Solutions Inc. (January Joy L. Damarillo, Vice President for Finance and Administration, represented by VP for Revenue and Business Development Maricel Legaspi); Veefin Solutions Ltd. (Vivian Kate B. Debnath, Chief Executive Officer and President, represented by Anuj Agarwal); Visa Worldwide Pte. Ltd. (Jeffrey Navarro, Country Manager, represented by Denise Evangelista); and Yinshan Lending Inc. (Michelle Esmeralda, General Manager).
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.
“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,” Villanueva said.
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.