FameEX Hot Topics | Intech Revolution Summit to Showcase the Rapid Growth of the $44 Billion Fintech Market in the Philippines

The Intech Revolution Summit is just around the corner, and Manila is gearing up to host over 30 influential speakers from across the region on May 24-25. This year's event, themed "Unleashing the Power of Fintech," will focus on how emerging technology is shaping the future of Southeast Asia, which boasts a population of 680 million.The Philippines, one of the world's fastest-growing economies, will be a significant topic of discussion at the summit. In 2022, the country saw its fastest economic growth since 1976, with a 7.6% increase in GDP. Experts predict that this trend will continue this year.
Digital finance has been one of the driving forces behind the Philippines' economic growth. The country's fintech market is expected to reach $44 billion by 2024, fuelled by the increasing adoption of digital payments. The Philippines has a young, tech-savvy population, with over 86 million smartphone users. This has created an ideal environment for fintech companies to thrive.

The Intech Revolution Summit promises to be a platform for insightful discussions on how fintech is transforming the Philippine economy and creating opportunities for growth in the region. Attendees can expect to gain valuable insights on the latest trends and technologies that are reshaping the financial landscape in the Philippines and beyond.Key players in the Philippine fintech market will take the stage at the summit to discuss the latest industry trends. Among the speakers are Lito Villanueva, the executive vice president of the Alliance of Digital Finance Associations in the Philippines, and the CEOs of Gotyme Bank and UnionDigital, Albert Tinio and Henry Aguda, respectively. Both banks were awarded digital banking licenses in 2022 and have already commenced operations. They join other successful digital banks in the Philippines such as Maya Bank and Tonik Digital Bank.

With so many influential speakers and industry leaders in attendance, the Intech Revolution Summit is set to be a must-attend event for anyone interested in the future of fintech in Southeast Asia. The summit promises to be a platform for insightful discussions on how fintech is transforming the Philippine economy and creating opportunities for growth in the region. Attendees can expect to gain valuable insights on the latest trends and technologies that are reshaping the financial landscape in the Philippines and beyond.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.