Additional reporting from Michael Mislos
Singapore-based e-sports gaming company Nexplay and subsidiary of UnionBank, UnionDigital Bank, signed an exclusive partnership to help Filipino gamers enjoy the convenience of using their digital financial services.
Miguel Bernas, President and Co-founder of Nexplay, Gabriel Benito, CEO and Co-founder of Nexplay and Arvie De Vera, CEO and Co-founder of UnionDigital Bank acknowledge collectively that the Philippines is the largest and well-versed with technology – From the use of text messaging, to the use of social media and now with gaming in general. This leads to conventional gaming has become a means for players to earn either through in-game tokens, tournaments, and content creation.
With this, Nexplay who caters to content creators and influencers and gamers partners with UnionDigital Bank to help them onboard more or less 45 million Filipino gamers into a digital platform for them to store their earnings and benefit from their financial services. Digital banking may become convenient and beneficial for the gaming community.
“By working together, UnionDigital Bank and Nexplay can create seamless paths to digital bank accounts for millions in the gaming community. We can empower esports athletes, influencers, streamers and fans to do more with their wealth in the way that truly soothes their lifestyles and interests,“ says de Vera.
Nexplay is one of the leading premier gaming and esports technology companies in Southeast Asia. Known for creating teams of talented esports gamers in the Southeast Asia region like the Nexplay Evos. The company is dedicated to creating an ecosystem of talented gamers, technology and esport tournaments.
UnionDigital Bank is a digital bank entity wholly owned by UnionBank of the Philippines.It recently started operating after getting the go-signal from the Bangko Sentral ng Pilipinas (BSP). The digital bank is also partnered with Yield Guild Games.
“UnionDigital is actually going to serve this community. We’re going to be the bank for the play-to-earn community. We are building this bank with the metaverse in mind. We’re designing this bank from the ground up with the metaverse in mind,” de Vera stated in a video interview with BitPinas.
The CEO added that UnionDigital’s partnership with Nexplay allows them to engage digital natives through games, a platform that many Filipinos are familiar with.
“This is particularly important if you consider the rise of play-to-earn gaming and content streaming in the Philippines,” he concluded.
This article is published on BitPinas: Nexplay and UnionDigital Bank Partnered Exclusively to Empower the Gaming Community
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.