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SquidPay Technology and Phil Star Development Bank jointly files application for digital banking license

February 1, 2021 | 11:45 am Font Size AAA Homegrown fintech startup SquidPay Technology Inc. (SquidPay) has entered into last stage negotiations for the acquisition of a 60% stake in Phil Star, a development bank headquartered in Batangas City. Upon finalization of its majority stake, SquidPay will increase bank capitalization to P1.5 billion, the BSP requires a total of at least P1.0 billion for digital bank license applicants. Phil Star Development Bank (Phil Star), Inc. is a subsidi...
Batangas City Antonio Gregorio Dela Cruz Marvin Dela Cruz Squidpay Technology Phil Star Development Bank Inc

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