Revolut plans to establish a wholly-owned subsidiary in the Philippines to provide digital banking services.
Source:
www.techinasia.com
According to Tech in Asia, the UK-based fintech company Revolut plans to establish a wholly owned local subsidiary in the Philippines to provide digital banking and electronic money issuance (EMI) services. The Philippine Department of Trade and Industry (DTI) revealed that officials from both sides met in London on October 2 to discuss market access.