Unionbank’s fintech subsidiary saw exponential growth in all verticals in 2022 | Lorenz S. Marasigan and Rizal Raoul Reyes

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Unionbank’s fintech subsidiary saw exponential growth in all verticals in 2022 | Lorenz S. Marasigan and Rizal Raoul Reyes
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UBX Philippines Corp., the financial technology (fintech) arm of the Aboitiz family, said last Tuesday it closed 2022 with “exponential growth” across all its verticals.

UBX Philippines Corp., the financial technology arm of the Aboitiz family, said last Tuesday it closed 2022 with “exponential growth” across all its verticals.

“These numbers reflect our commitment to our goal of financial inclusion. Our growth in 2022, amid a country recovering from the pandemic, is consistent with our performance over the years. We are confident that we will continue treading on a growth path this year, as we ramp up our open finance initiatives and introduce new digital financial solutions,” Januszczak said.

The platform bridges lenders and MSMEs online. It is the Philippines’s first same-day approval digital lending marketplace. Orbix Victus International not only offers health and wellness products but also promotes the awareness on financial literacy to its distributors and add more value by opening access to its people into digital financial services thru UBX.

“Our partnership with AIM Global and OVI signals that more and more organizations beyond finance are interested and willing to support the goal of promoting financial and social inclusion. We are committed to working together with more partners to push this agenda further so that more Filipinos will be able to participate in and leverage the financial systems,” Gorospe said.

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