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October 01, 2023

PayMongo entrepreneur hints of greater things in the offing

PayMongo co-founder Luis Sia reposted a feature article on his Facebook account announcing the latest milestone of the enterprise.

The Bankero wrote on his account, “A huge thank you to all our partners that made this Series B possible. With this, we hope to enable more businesses to participate in the digital economy within the Philippines and beyond.”

Before ending the post, he teased: “PayMongo is just getting started.”

Excited for it!


BSP disqualifies unregistered money service business

The Bangko Sentral ng Pilipinas (BSP) has disqualified Riyben Foreign Exchange for operating an unregistered money service business, part of BSP’s ongoing efforts to curb unauthorized MSBs, following similar actions taken against six other firms earlier this year.

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