Top Digital Banks in the Philippines

The digital banking landscape in the Philippines has seen significant growth, with several institutions standing out for their innovative services and customer satisfaction. Among the top digital banks in the Philippines are:

1.   1. GCash. A mobile wallet service operated by Globe Telecom's fintech arm, Mynt, GCash offers a wide range of financial services, including payments, savings, and investments, making it a popular choice among Filipinos.

2.  2. PayMaya. Operated by Voyager Innovations, PayMaya provides users with a digital wallet and payment solutions, and it's widely used for online shopping, bills payment, and peer-to-peer money transfers.

3.  3. UnionBank's EON. Known for its digital-first approach, UnionBank's EON offers a fully digital banking experience with features like online account opening and management, as well as innovative financial services.

4.  ING Philippines. As part of the global ING Group, ING Philippines offers a purely digital banking experience, emphasizing high-interest savings accounts and easy account management through its user-friendly app.

 5. CIMB Bank Philippines. A newcomer to the local market, CIMB Bank offers competitive savings rates and a seamless mobile banking platform, attracting users with its no-fee, high-interest savings accounts.

These digital banks continue to innovate and expand their services, contributing to the evolving financial landscape in the Philippines.