Philippines startup MarCoPay gives sailors financial freedom at sea

App has grown from wage payment into wider financial services including lending

20220704 MarCo Pay

Fintech startup MarCoPay operates a platform that provides a range of financial services for Philippine sailors through a smartphone app. (Screenshot from NYK group Youtube site)

YUICHI SHIGA, Nikkei staff writer

MANILA -- Financial services app MarCoPay is winning over Filipino sailors as a convenient means to receive salaries and a widening array of financial services on the sea, and attracting international attention as a result.

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