FinTech Alliance PH is a pioneering non-profit organization in the Philippines dedicated to advancing the financial technology (fintech) sector. Founded in 2017, the alliance plays a critical role in promoting digital innovation, financial inclusivity, and regulatory collaboration within the Philippine financial ecosystem.
History.
FinTech Alliance PH was established by Lito Villanueva, a prominent figure in digital finance who serves as its founding chairman. Villanueva, who is also the executive vice president and chief innovation and inclusion officer at Rizal Commercial Banking Corporation (RCBC), has been a driving force in promoting digital transformation and inclusive finance in the Philippines.
The organization stands as the Philippines' premier digital industry association, with a membership comprising over 100 corporate entities that collectively represent more than 95% of the country's digital retail financial transaction volume. Notably, it was the first organization of its kind in Asia to establish an industry-led code of conduct and code of ethics, positioning itself as a self-regulating body committed to maintaining high standards in the fintech ecosystem.
Key contributions.
The Alliance has been instrumental in several critical areas of financial technology and inclusion:
International collaborations.
FinTech Alliance PH has extended its influence beyond national borders by:
Recent developments.
Strategic partnership with AIM.
In 2024, FinTech Alliance PH formed a strategic partnership with the Asian Institute of Management (AIM) for the Manila Tech Summit 2024. This collaboration aims to:
Advocacy for digital connectivity.
The organization has been actively advocating for the "Konektadong Pinoy" bill (Open Access in Data Transmission Act), which seeks to:
Who We Are.
FinTech Alliance PH stands as the Philippines' premier and most comprehensive digital industry association, bringing together over 100 corporate members who collectively drive more than 95% of the country's digital retail financial transactions.
Pioneering achievement.
As the first organization of its kind in Asia, FinTech Alliance PH has pioneered an industry-led Code of Conduct and Code of Ethics, establishing a robust self-regulatory framework that sets new standards for responsible fintech development.
Strategic contributions.
The Alliance has been instrumental in:
Role and impact.
FinTech Alliance PH serves as a critical resource for:
The organization concentrates on:
International collaborations.
The alliance has established significant international partnerships, co-founding:
Our mission.
To serve as a catalyst for inclusive and sustainable development through responsible fintech innovation that empowers Filipinos.
Our vision.
By 2025, FinTech Alliance PH aims to be a recognized Self-Regulating Organization (SRO) in the ASEAN region, having empowered millions of Filipinos to become part of the formal financial system.