Core Insights - MoneyHero Limited has announced a strategic partnership with Rizal Commercial Banking Corporation (RCBC) to integrate RCBC's credit card products into MoneyHero's digital platform, enhancing financial service accessibility for Filipinos [1][2][3] Company Overview - MoneyHero Limited operates as a personal finance aggregation and comparison platform, as well as a digital insurance brokerage in Greater Southeast Asia, with a presence in Singapore, Hong Kong, Taiwan, and the Philippines [4] - The company had over 290 commercial partner relationships and approximately 6.2 million Monthly Unique Users as of December 31, 2024 [4] Partnership Details - The partnership aims to expand MoneyHero's credit card offerings in the Philippines, positioning it as a leading digital acquisition partner for banks in the region [2] - RCBC's credit card business has shown significant growth, with credit card receivables increasing by 48% and cards in force rising by 21% in 2024 [3] Strategic Goals - The collaboration is expected to improve customer experience and promote a more inclusive financial ecosystem by leveraging MoneyHero's digital conversion expertise and RCBC's consumer finance growth [2][3] - The partnership aligns with MoneyHero's mission to simplify financial choices for consumers and support bank partners in driving digital acquisition [3]
MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines' Expanding Card Market