PDAX Now the Official Crypto Service Partner of UnionBank's Digital Business Solutions Partner Referral Program
PDAX, the Philippines' top local cryptocurrency exchange overseen by the Bangko Sentral ng Pilipinas, is proud to announce its official relationship with UnionBank Philippines (UBP) as part of the Digital Business Solutions Partner Referral Program. PDAX has been approved as a UBP fintech partner for cryptocurrency services and digital solutions.
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| PDAX Now the Official Crypto Service Partner of UnionBank's Digital Business Solutions Partner Referral Program |
This partnership between PDAX and UBP enables the premier digital bank to propose PDAX's trusted crypto services and digital solutions to their renowned business-to-business (B2B) clients, expanding PDAX's reach and penetration across numerous industries. UBP's support for PDAX's solutions represents a vote of confidence, allowing PDAX to expand its client base in the Philippines and obtain a better understanding of the market.
UBP customers will have exclusive access to a selected set of partner products, including PDAX's crypto services, as part of the Digital Business Products Referral Partnership Program, which complements UBP's banking services. The program aims to "tech up industries through digital synergies and collaboration," allowing UBP corporate account holders to access crypto-based trading, top cryptocurrencies, remittance, cross-border settlements, digital investments, payments, and other digital assets in real-time via the UBP app while maintaining security and liquidity.
On Wednesday, April 26, the Memorandum of Agreement (MOA) was signed at UnionBank's Head Office in Ortigas Center, Pasig City. PDAX Chief Business Development Officer Kenneth Chua, PDAX Chief Executive Officer Nichel Gaba, UBP Senior Vice President and Corporate Banking Group Head Angelica Balangue, and UBP Assistant Vice President of the Fintech Business Group Andrew Garcia were in attendance.
"We at PDAX are proud to partner with UBP, one of the most innovative banks globally, as they support innovations in the crypto and digital asset space," stated Nichel Gaba, CEO of PDAX. "The program accepts only the best possible partners who meet the UBP Fintech Group's high standards." With this vote of confidence, PDAX is excited to collaborate with UBP for exciting times ahead. We look forward to working with UBP and allowing Philippine institutions to go digital."
Andrew Garcia, AVP of Sales at UBP Fintech Group, thanked PDAX for beginning this adventure with UnionBank. "As we ideate, co-create, and tech-up organizations that want to include crypto services in their key offerings, primarily those in the payments segment, remittances, and financial institutions - from trading or conversion to crypto deposits and withdrawals and Fiat payouts, among others," he explained. May our collaboration usher in a more openly digitalized future for our company clients, communities, and country."
