ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Finance

An American spearheads Southeast Asia's mobile payment revolution

Coins.ph of the Philippines brings financial convenience to the unbanked

Ron Hose, founder of Coins.ph.

SINGAPORE -- In the half a decade since he moved to the Philippines, American entrepreneur Ron Hose has built a mobile phone payment business with millions of customers -- a success he hopes to replicate elsewhere in Southeast Asia.

Coins.ph has blazed a trail for mobile payments in the Philippines, courting customers left out of the traditional banking system. Hose set up shop there after traveling the region in search of business opportunities. "I am a big believer that growth is going to come out of Asia" for the next two to three decades, he said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more