Fintech provides Filipinos with a glimpse of innovations in online Financing and Lending forum

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HOW was technology beneficial to the finance and lending sector and to Filipinos in this day and age?

This was the question posed and answered by distinguished guests, who were top officials in their respective industries, in an online forum via Zoom, organized by the Fintech Philippines Association on April 24.Attendees from the business and scholastic sectors listened to Global Dominion Financing Inc. 's Chief Human Resources Officer Don Matias, South Asialink Finance Corp.

The growth of the Philippines' gross domestic product by 5.6 percent in 2023 also saw the upsurge in various sectors. The last quarter spark of 2023 saw financial and insurance activities grow by 11.8 percent, undoubtedly driven by the 13.4-percent expansion of banking institutions.Amid all of this was the digital innovation by many companies.Matias divulged that GDFI began 2023 with 719 employees and finished with 1003 while maintaining the employee attrition rate of 2.84 percent.

 

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