Philippines 

On the back of the SiGMA Asia event, the Xprizo team was straight back into action with numerous meetings to build on the momentum within the region. The event gave us the chance to continue the merchant exposure and several leading team members shared insight on panels.

Our goal in the Philippines was to meet with various companies across the iGaming and payment solution industries, to initiate, and in many cases continue positive conversations. These also covered meeting merchants and each was to support them expand into Asia or enhance operations in Asia.

We were able to meet with a major remittance service provider that we have been in discussion with for almost 12 months. There is already a Memorandum of Agreement (MOA) to go live in the Philippines using its PSP licence. More details will be revealed once the contract is completed. This collaboration will give us access to 20,000 agents, local payment method GCash (and several other smaller ones) and direct bank API integrations.

The next stop was speaking with a corporation about potential collaborations involving land/property payments and ATM integration for Xprizo’s wallet solution.

Bangkok, Thailand

The next port of call for the Xprizo team was Bangkok, Thailand. Here we engaged with a number of companies to explore the option of leveraging their licences and integrating Xprizo’s wallet solution. Then it was time to sit down with a gold-backed cryptocurrency pegged to gold reserves, to potentially leverage their banking licence and integrate Xprizo’s wallet through a Letter of Intent (LOI). This entity has a mission to be a trusted gold-backed coin and digital banking service.

Laos meetings in June

Last but not least, Laos. The country is taking steps to develop a digital financial services ecosystem, with a leading local bank establishing a regulatory framework and the UNCDF supporting initiatives like mobile wallets and financial literacy programs. For our visit to Laos, the focus was on establishing partnerships to enable cross-border transactions, local payments, and regulatory assistance using Xprizo’s solution.