本出資に伴い、当社とUBX社はそれぞれの持つ知見や専門知識を相互に提供いたします。また、経済成長著しいフィリピン市場での更なるビジネス展開を見据え、当社グループ企業とUBX社との連携についても検討してまいります。September 26, 2024
SBI Holdings Co., Ltd.
SBI Holdings, Inc. (Headquarters: Minato-ku, Tokyo, Representative Director, President & CEO: Yoshitaka Kitao, hereinafter referred to as 'the Company') has made an investment in UBX Philippines Corporation (Headquarters: Manila, Philippines, President & CEO: John F. Januszczak, hereinafter referred to as 'UBX'), which promotes digital transformation in the Philippines through the Company's group companies. The Company will hold 16.67% of UBX's shares through this investment.
UBX, which was spun off from the major Philippine bank, UnionBank of the Philippines, in 2018, focuses on developing digital transformation services for financial institutions, such as BaaS and e-wallet development, as well as developing open finance platforms like lending platforms and payment platforms. UBX currently provides services to more than 250,000 companies. In the future, UBX plans to expand its business operations and develop advanced financial and digital transformation solutions to meet the increasing demand for digital services in the Philippines.
In connection with this investment, the Company and UBX will mutually provide their respective expertise and specialized knowledge. Furthermore, aiming to further expand business in the rapidly growing Philippine market, the Company will also consider collaboration between its group companies and UBX.
About SBI Group
Founded in 1999, SBI Group is a comprehensive internet-based financial group that operates financial services businesses offering low-priced and convenient products and services in securities, banking, and insurance, as well as asset management, investment businesses, cryptocurrency businesses, and next-generation businesses globally.
About UBX
UBX, founded in 2018, is a subsidiary of UnionBank, a leading digital banking institution in the Philippines. We are dedicated to providing advanced digital transformation services and embedded financial services for businesses, financial institutions, and governments.
