Metro Manila (CNN Philippines, September 12) — Homegrown fintech startup NextPay, backed by Filipino billionaires, boosted its portfolio to foray into non-governmental organization financial operations.
In a statement on Tuesday, NextPay Chief Executive Officer and Co-Founder Don Pansacola said the company expanded its digital financial structure beyond businesses to humanitarian groups, allowing it to streamline outreach, membership fee collections, and fundraising processes.
NextPay teamed up with major banks and e-wallets, such as the Bank of the Philippine Islands, UnionBank, GCash, and Maya, for money transactions.
“Far more than helping your typical growing business, assisting non-profit organizations is aligned with our goal of supporting the promotion of inclusive growth in the country,” NextPay Chief Experience Officer and Co-Founder Aldrich Tan said.
