Kalidas Ghose is the co-founder and chairman of UNO Digital Bank, one of the six pure digital banks licensed to operate in the Philippines. UNO’s parent company raised $32.1 million in additional venture capital funding.
goth talks digpinJame DiBiasio discusses digital banking opportunities in the Philippines, deposit volume and customer volume challenges, non-performing loan issues, and expected innovations in digital identity and open banking.
He also compares the fintech landscape in the Philippines to that in Vietnam, where he ran one of the country’s leading digital lenders for several years.
- Time code:
- 0:00 – Kalidas Ghose, UNO Digital Bank
- 1:40 – UNO’s competitive products
- 4:58 – Small deposit amounts and increasing number of users
- 8:50 – Onboarding without a bank account
- 10:00 – Incentives to attract customers
- 11:15 – Funding Model
- 12:31 – The problem of high non-performing loan ratios
- 16:03 – UNO’s strategy as a pure startup
- 19:00 – Partnership with GCash
- 22:01 – Kali’s Vietnam experience
- 24:58 – Central bank initiatives and open banking
- 28:18 – New business services for small and medium-sized businesses