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Bayad and SquidPay's partnership drives fintech services to the mass market

Rising payment solutions provider, SquidPay, taps Bayad, the country’s trusted brand and authority in payments, to boost its bills payment c. ....

Denniss Gatuslao , Lawrencey Ferrer , Bangko Sentral , Marvin Dela Cruz , Bayad Centers , Squidpay Partnership , Elisa May Arboleda Cuevas , Chief Commercial , Marketing Officer , Squidpay App , மார்வின் டெலா குரூஸ் , பயாத் மையங்கள் , எலிசா இருக்கலாம் அர்போலேடா சுயவஸ் , தலைமை வணிகரீதியானது , சந்தைப்படுத்தல் அதிகாரி , Bayad And Squidpays Partnership Drives Fintech Services To The Mass Market ,

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

February 1, 2021 | 11:45 am
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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 subsidiary of Philippine Regional Investment Development Corporation (PRIDE), a wholly-owned subsidiary of AbaCore Holdings Corporation, a publicly-traded company (ABA) with interests in financial services, real estate, and gaming technology. ....

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SquidPay taps MultiSys to upgrade digital platforms

BusinessWorld
January 22, 2021 | 10:00 am
Fastest-growing payment solutions provider SquidPay has tapped leading software solutions company Multisys Technologies Corporation to upgrade its existing system platforms.
SquidPay is a major shareholder of Premiere Horizon Alliance Corporation one of the top gainers in share price among the publicly-companies in the local bourse holding 55 percent stake in the investment holding company.
Through the partnership, MultiSys will provide its expertise in system development and integrations that will give a boost to SquidPay’s various financial services like bills payment, remittance, bank transfers, over-the-counter transactions, and SquidPay kiosk machines.
SquidPay CEO Marvin Dela Cruz said, “Since onboarding, MultiSys has only shown tangible results and hard efforts to support PHA and SquidPay. I have personally witnessed its founder David Almirol when he was just starting when he was growing; and ....

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Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines

Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines
Philippines based Fintech firm
SquidPay Technology Inc. has acquired Php 100 million (appr. $2.08 million) in funding through a Series A round and Php 100 Million (appr. $1.04 million) line of credit – which was arranged by the Eastern Securities Development Corporation (for the company’s first round of funding this December). SquidPay now has a post-money valuation of Php 1.1 billion (appr. $22.89 million).
Marvin Dela Cruz, CEO at SquidPay Technology Inc., noted that the company was a bit surprised because they weren’t expecting funding to come until the late first quarter of 2021. Marvin added that they’re now confident that there are people “who strongly believe in what SquidPay can achieve.” ....

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Homegrown fintech startup SquidPay secures P200 Million in funding

December 14, 2020 | 9:00 am
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Local startup SquidPay Technology Inc. has recently signed Php 100 Million in Series A and Php 100 Million line of credit arranged by Eastern Securities Development Corporation (ESDC) for its first round of funding this December, at a post-money valuation of 1.1 Billion Pesos.
SquidPay automated fare collection system registration kiosk at SM City Baguio
“This news surprised us too. We did not expect any funding to come until the late first quarter of next year,” says SquidPay Technology Inc. CEO Marvin Dela Cruz. “This gives us confidence that there are people who strongly believe in what SquidPay can achieve.” ....

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