BSP-licensed digital banks

Banking Made Beautiful

GoTyme Bank is a BSP-licensed digital bank in the Philippines, launched in October 2022 as a joint venture between the Gokongwei Group (JG Summit) and the multi-country digital banking group Tyme. It offers app-based savings accounts, a Visa debit card, stock trading, crypto, remittances, the MoreTyme buy-now-pay-later credit line, and merchant cash advances, supported by in-person onboarding kiosks in Robinsons malls nationwide. It has grown to over 9 million customers and ranks among the country's fastest-growing and most downloaded banking apps.

2022 · Quezon City, Philippines · Growth

MariBank Philippines is the country's seventh BSP-licensed digital bank, owned by Singapore's Sea Limited, parent of Shopee. Built on the former Rural Bank of Pagsanjan (est. 1965) charter acquired by Sea, it launched as SeaBank in June 2022 and rebranded to MariBank in 2025. The BSP granted its digital banking certificate of authority on 8 July 2026, and it began operating under the upgraded licence on 18 July 2026. It offers a no-maintaining-balance savings account with daily-credited interest, free InstaPay/PESONet transfers, a debit card and loans, and reported ~US$1.16B in assets and 6M customers at end-2025.

1965 · Pagsanjan, Laguna, Philippines · Public

It's everything and a bank

Maya is the Philippines' leading consumer money app — an all-in-one wallet, payments and digital-banking super-app operated by Maya Innovations Holdings (legally Voyager Innovations, Inc.). In one app it offers the Maya wallet, QR payments, a cashback credit card, crypto and investments, plus full banking through Maya Bank — one of six BSP-licensed digital banks — including high-yield savings, Personal Goals, time deposits, and personal and MSME loans, with PDIC-insured deposits. Maya Bank reached profitability in 2025. Backed by PLDT, KKR, Tencent, GIC and IFC, the group has raised ~US$0.7B and reached unicorn status.

2013 · Mandaluyong City, Philippines · Growth

The first digital-only bank in the Philippines, serving OFWs

Overseas Filipino Bank (OFBank) is the first all-digital, branchless bank in the Philippines and a wholly owned subsidiary of state-owned LANDBANK. Relaunched as a fully digital bank in June 2020, it secured the country's first digital banking license from the Bangko Sentral ng Pilipinas on 25 March 2021, converting from a thrift-bank to a digital-bank licence. OFBank serves Overseas Filipinos, OFWs and their beneficiaries worldwide, using its Digital Onboarding System with AI (DOBSAI) for real-time mobile account opening, plus savings deposits, fund transfers, bills payment, remittances and loans.

1906 · Manila, Philippines · Government

Philippines’ First Digital Bank

Tonik is a standalone digital bank in the Philippines, operating under a BSP digital-bank license secured in 2021. Founded in 2018 as a Singapore group and launched in the Philippines in March 2021, it offers savings, time deposits, Stashes and consumer loans, with PDIC-insured deposits. Its recorded financing rounds total US$187M, including the US$131M Series B led by Mizuho Bank in 2022 and a US$12M Pre-Series C raised by controlling shareholder Tonik Financial in November 2025, led by Diligent Capital Partners. Tonik reported reaching profitability in Q1 2026.

2018 · Pasig City, Philippines · Growth

UnionBank's digital banking subsidiary for the underserved

UnionDigital Bank is the BSP-licensed digital banking subsidiary of UnionBank of the Philippines, the only digital bank in the country established by a universal bank. Granted a digital banking licence in July 2021 and authority to operate in July 2022, it serves underbanked Filipinos through a mobile app offering high-yield savings and time deposits, plus instant UD Cash Loans (up to PHP 30,000, no collateral), QRPh transfers and bill payments. Deposits are PDIC-insured up to PHP 1M.

2021 · Pasig City, Metro Manila · Private

A full-spectrum digital bank

UNObank (UNO Digital Bank) is a Philippine digital-only bank operated by Singapore fintech DigibankASIA / UNOAsia. Founded by Manish Bhai and granted a BSP digital banking licence in 2021, it launched to the public in 2022 as one of the country's six licensed digital banks — and the first new entrant under the framework. The app offers high-interest savings, time deposits, and collateral-free loans, targeting financial inclusion for underbanked Filipinos. Deposits are PDIC-insured up to ₱1 million.

2021 · Bonifacio Global City, Taguig, Philippines · Series B