B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

72.2%

72.2% -- fintech adoption rate for Philippines fintech sector (2023)

2023  · Digido

Fintech adoption in the Philippines is projected to reach 72.2% of the eligible user population by the end of 2023.

  • projection/forecast
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Attribution: Digido View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
72.2%
Unit
Percentage
Data Vintage
2023
Entity
Philippines fintech sector
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Digido Primary Tier B
https://www.kayacredit.com/economy/philippine-fintech-user-base-projected-at-59-3-million-by-end-of-… ↗
Confidence: 53/100 Vintage: 2023 Channel: Deep Crawl
Source Article
Philippine fintech user base projected at 59.3 million by end of year THE NUMBER of financial technology (fintech) users over 15 years old in the Philippines who transact via mobile apps is expected to hit 59.3 million by the end of 2023, consumer finance company Digido said. In a report, Digido sai…
Original Research
Digido · Original study ↗

Digido report projection; prior years: 69.3% (2022), 64.4% (2021)

Methodology documented
Industryfinance
Plain Text
Philippines fintech sector: 72.2% fintech adoption rate. Source: Digido (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/philippines-fintech-adoption-72-2pct-2023
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<blockquote cite="https://lighthousedata.io/data/philippines-fintech-adoption-72-2pct-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>72.2%</strong> -- fintech adoption rate for Philippines fintech sector<br><small>Source: Digido (2023) · <a href="https://lighthousedata.io/data/philippines-fintech-adoption-72-2pct-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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