With DragonFi set to launch its PERA services in the second half of 2025, this milestone aligns with the SEC’s push to modernize PERA and drive broader adoption.
Despite its tax advantages, PERA remains underutilized, and this move aims to increase participation among Filipinos.
To accelerate growth, DragonFi co-founder Edgar “Injap” Sia II is launching a P10 million Matching Grant Fund.
“This ₱10 million pesos Matching Grant Fund is one of my ways as a passionate Filipino entrepreneur, through my business endeavors now and in the future, here and abroad, to contribute as much as I can towards our common patriotic goal towards a first-world Philippines,” said Sia.
“I hope that through the PERA program and this initial grant, we’re not only paving the way for 2,000 Filipinos to become future millionaires but also igniting a movement that will empower millions of young Filipinos to achieve financial independence within our lifetimes,” he added.
The initiative will match the first P5,000 contributed by 2,000 young Filipinos, effectively doubling their retirement savings.
This is expected to boost PERA participation by 35 percent and inject P20 million into the system. The SEC’s updated guidelines now allow securities brokers, investment houses, and fund managers to administer PERA, creating new pathways for Filipinos to build long-term wealth.
“This is a key undertaking that reflects our shared commitment to advancing the Philippine capital market and ensuring the financial well-being of every Filipino,” said SEC Commissioner McJill Fernandez.
