Manila, Philippines
Netbank, founded in 2019 and headquartered in the Philippines, is making significant strides in the Financial Services, Payments, and Banking industries with its innovative approach tailored to empower fintechs. The company's slogan, "Accelerating Asian Fintech," encapsulates its mission to catalyze the growth and efficiency of digital financial services across the region.
As the first fully regulated Filipino bank specifically designed to support fintechs, Netbank skillfully merges the agility of a fintech with the reliability of a traditional bank. By offering a suite of services including Banking-as-a-Service, funding for digital lending, and white-label mobile banking apps, it positions itself as an essential partner for digital financial service providers looking to scale rapidly amid the Philippines' low banking penetration and high digital adoption.
Having secured a Series A investment on 22 May 2023, with backing from investors like Beenext Capital, Kaya Founders, and Oak Drive ventures, Netbank is poised for further expansion. The company continues to work closely with alternative lenders, payment gateways, and platform developers to enhance financial inclusion throughout the nation.
