Central bank says account signups also increased as more Filipinos opened bank accounts through digital.
Fresh funding will support small businesses, clean energy, and other sustainable projects across the Philippines.
The bank ended the offer period just a day after launch as strong interest from retail and institutional investors drove demand for its latest ASEAN Sustainability Bonds.
The funding adds to Atome’s expansion efforts as traditional banks increasingly back fintech firms offering flexible financing options.
Outstanding bank loans climbed 12.1% in May, while money supply recorded its fastest growth since August 2020.
BDO and PSBank begin offering free InstaPay and PESONet transfers on July 9, while Security Bank follows on July 10, joining a growing list of banks waiving interbank transfer fees.
The move removes InstaPay and PESONet fees for millions of users and raises questions on how banks will price digital transactions moving forward.
The law removes data privacy barriers that slowed down previous scam investigations, enabling quicker tracing of stolen funds.
Different players in the banking, telecom, and e-wallet industries are rolling out education campaigns through advisories and social media to warn users about new fraud tactics—building awareness before these scams even reach them.
