Core Insights - MoneyHero Limited has announced a strategic partnership with RCBC, a leading credit card issuer in the Philippines, to integrate RCBC's credit card products into its digital platform, enhancing consumer access to financial products [1][2]. Group 1: Company Overview - MoneyHero Limited is a leading personal finance product comparison platform and digital insurance brokerage in Southeast Asia, operating under the NASDAQ ticker MNY [1]. - The company has a presence in markets including Singapore, Hong Kong, Taiwan, and the Philippines, with a diverse brand portfolio that includes MoneyHero, SingSaver, Money101, Moneymax, and Seedly [2]. - As of December 31, 2024, MoneyHero collaborates with over 290 business partners and has more than 6.2 million monthly unique users [2]. Group 2: Partnership Details - The partnership aims to expand MoneyHero's credit card product coverage in the Philippines and solidify its position as a preferred digital customer acquisition partner for regional banks [1]. - RCBC's credit card business has shown significant growth, with credit card receivables increasing by 48% and the number of circulating cards rising by 21% in 2024, indicating strong market demand [2]. - The collaboration will leverage MoneyHero's digital transformation expertise and RCBC's growth momentum in consumer finance to enhance user experience and promote a more inclusive digital financial ecosystem [1][2]. Group 3: RCBC Overview - RCBC is a leading financial services provider in the Philippines, offering a wide range of banking and financial products, including traditional banking, investment banking, micro-lending, retail credit, remittances, leasing, foreign exchange trading, and securities brokerage [3]. - RCBC is part of the Yuchengco Group of Companies, one of the oldest and largest corporate groups in Southeast Asia [3]. Group 4: RCBC Bankard Services Corporation - RCBC Bankard Services Corporation manages RCBC's credit cards, personal loans, and merchant payment solutions, focusing on innovative cashless payment solutions and diverse value-added services [4].
MoneyHero與RCBC達成戰略聯盟合力開拓菲律賓蓬勃發展的信用卡市場