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UNOAsia raises USD32.1m to boost digital banking in the Philippines

Singapore's UNOAsia Pte Ltd has secured USD32.1m in a pre-Series B round, as it aims to revolutionise banking in the Philippines with UNO Digital Bank. This mix of equity and debt boosts UNO Digital Bank's growth and tech innovation. In 15 months, it attracted a million customers and USD100m in deposits across key banking products. The bank's recent personal loan products target a broad range of customers, including MSMEs, enhancing financial inclusion. Investors like Gateway Partners and Creador Private Equity back UNO's mission to offer comprehensive digital banking solutions, supporting the bank's vision to become the top digital banking and financial platform in the Philippines. UNO Digital Bank, holding a BSP digital banking licence, plans to expand in Asia.


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