Mastercard, Visa join FinTech Alliance PH as membership expands

Insider Spotlight

  • Mastercard and Visa among 22 firms inducted into FinTech Alliance PH
  • Alliance strengthens fintech, banking, and tech sector collaboration
  • Group now represents over 150 firms driving digital finance adoption
  • Industry leaders spotlight fraud data sharing and ASEAN partnerships


Global payments leaders Mastercard and Visa are among 22 companies newly inducted into FinTech Alliance PH, expanding the country’s largest industry association for digital financial services.

The new members took their oath during the 2026 FinTech Alliance PH General Membership Meeting held March 11 at Marquis Events Place in Bonifacio Global City, with the ceremony led by Information and Communications Technology Undersecretary Renato “Aboy” Paraiso, executive director of the Cybercrime Investigation and Coordinating Center.

Why it matters

The expansion highlights growing industry cooperation across fintech firms, banks, technology providers, digital platforms, and academic institutions as the Philippines accelerates its transition toward a more inclusive digital financial ecosystem.

With the latest additions, FinTech Alliance PH now represents more than 150 corporate members, accounting for over 95 percent of the country’s retail digital financial transaction volume and serving more than 110 million aggregate accounts.

NEW ALLIANCE MEMBERS INDUCTED. More than 20 new corporate members of FinTech Alliance PH take their oath during the Alliance’s 2026 General Membership Meeting in Bonifacio Global City, with the ceremony led by CICC Executive Director Atty. Renato “Aboy” Paraiso. | Contributed photo   (Click to view full image)

Zoom in

New members include organizations from across the financial technology value chain such as Grab Financial Group, Security Bank, ShopeePay Philippines, Equinix Philippines, Talino Venture Studios, Amdocs, HCLTech, and the Asian Institute of Management, alongside several fintech platforms and technology providers.

Mastercard Philippines is represented by senior vice president and country manager Jason Don Crasto, while Visa Worldwide Pte. Ltd. joins through country manager Jeffrey Navarro.

Between the lines

Details of the new memberships and initiatives were disclosed in a company release from FinTech Alliance PH following the annual meeting.

The gathering drew more than 600 executives, policymakers, and industry leaders, underscoring the momentum of fintech innovation and digital payments growth in the Philippines.

What they’re saying

FinTech Alliance PH founding chairman and RCBC executive vice president and chief innovation and inclusion officer Lito Villanueva said the Alliance’s expansion reflects the sector’s collective push to deepen digital finance adoption.

“The Philippines is at a critical stage in scaling digital finance. Collaboration among banks, fintech companies, regulators, and technology providers will be key to making digital payments more accessible, secure, and widely adopted,” Villanueva said.

The big picture

The meeting also highlighted the Fraud Intelligence Data Sharing Network, an industry-led initiative aimed at improving collaboration against financial fraud and cyber-enabled crimes, along with expanded engagement with the ASEAN Business Advisory Council to support regional fintech cooperation. —Princess Daisy C. Ominga | Ed: Corrie S. Narisma

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Thursday, 12 March 2026
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