Frequency of using embedded finance applications Philippines 2022

Published by
Christy Balita,
Nov 9, 2024
According to a survey in 2022, 39 percent of respondents in the Philippines who have used apps with embedded finance accessed it several times a week. The same survey revealed that among the main reasons for using such apps was because they allowed easier payments.

Frequency of using applications with embedded finance in the Philippines in 2022

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Sources

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Release date

November 2022

Region

Philippines

Survey time period

July to August 2022

Number of respondents

391 respondents

Age group

18-65 years

Special properties

among respondents who have used apps with built-in financial services

Supplementary notes

Question was phrased by source as: "How often do you use such an app?"

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Statistics on " Fintech in the Philippines "

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Overview

4

Investments

6

Digital payment

6

Cryptocurrency

3

Embedded finance

4

BNPL

3

Digital remittance

3

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Topics

Fintech in the PhilippinesInsurance industry in the PhilippinesBanking in the PhilippinesE-commerce in the PhilippinesDigital payments in the Philippines
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