UnionBank names PDAX as Official Crypto Service Partner

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Philippine Digital Asset Exchange (PDAX), the Philippines’ leading homegrown cryptocurrency exchange supervised by the Bangko Sentral ng Pilipinas, has been officially selected as one of the accredited fintech partners for UnionBank of the Philippines’ (UBP) Digital Business Solutions Partner Referral Program, solidifying its position as a trusted provider of crypto services and digital solutions.

This strategic partnership allows UBP to recommend PDAX’s reliable crypto services and digital solutions to their valued business-to-business (B2B) clients. By leveraging UBP’s endorsement, PDAX gains enhanced credibility and expands its market presence across diverse industries. This collaboration not only enables PDAX to grow its client base within the Philippines but also offers valuable insights into the market, as UBP assists in promoting PDAX’s crypto solutions to customers who stand to benefit the most.

“We at PDAX are proud to have a partner such as UBP, one of the most innovative banks globally, as it supports innovations in the crypto and digital asset space. The program accepts only the best possible partners who pass the high standards of the UBP Fintech Group. Through this vote of confidence, PDAX is thrilled to work with UBP for exciting times ahead. We’re looking forward to working hand in hand with UBP and digitally enabling Philippine institutions,” according to Nichel Gaba, CEO & Founder of PDAX.

Through the Digital Business Solutions Referral Partnership Program, UnionBank customers will gain exclusive access to a curated selection of partner solutions, including PDAX’s crypto services. This initiative aims to empower industries by fostering digital synergies and collaboration. UBP corporate account holders can seamlessly access globally competitive prices for crypto-based trading, leading cryptocurrencies, remittance services, cross-border settlements, digital investments, payments, and real-time monitoring of other digital assets through the secure and liquid UBP app.

The partnership between PDAX and UnionBank marks an important milestone in the advancement of crypto services and digital solutions within the Philippine market. Together, they are driving innovation and providing UnionBank customers with comprehensive and cutting-edge financial technology options.

“On behalf of our Fintech Business Group Head, Erika, I wish to thank PDAX for embarking on this journey with UnionBank as we ideate, co-create and tech-up the organizations which aim to include crypto services in their key offerings, primarily those in the payments segment, remittances and financial institutions – from trading or conversion, crypto deposits and withdrawals and Fiat payouts, among others. May this partnership bring forth a more OPENLY digitalized future for our business clients, our communities and our country,” said Andrew Garcia UBP Fintech Group AVP for Sales.

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