Netbank is a start-up fintech led bank, focused on the under-served. Its model is to:

• Partner with Fintechs, banks and non-bank lenders, who have existing client networks or are looking to enter the Philippines
• Allow these partners to sign-up clients, for an origination fee, booked on Netbanks balance sheet. Netbank would provide:
• Loans to clients, so the partners can grow without raising additional capital
• Deposit accounts for clients, serviced by the partner (on a white-label basis)
• Payment services to clients, including ACH payments, access to cards, payment to wallets, etc.
• Technology services to the partners, allowing them more efficient processing and better client satisfaction

Netbank Virtual is a product area of Netbank, offering banking as a service via APIs to local fintech and international fintech looking to enter the market. It expects to offer services in:

• Disburse funds: P...