MANILA/TOKYO -- The Philippines, home to the most merchant ship crew members in the world, has produced a personal finance app that hopes to take the industry by storm.
Fintech startup MarCoPay was founded two years ago in Manila as a 50-50 joint venture between Philippine logistics giant Transnational Diversified Group and Japanese marine transporter Nippon Yusen. Japanese trading house Marubeni purchased a stake in June.
