About UBX Philippines Corp
UBX Philippines Corp is the fintech venture-building and investment arm of UnionBank of the Philippines (part of the Aboitiz Group), incorporated in late 2018 with a reported committed budget of roughly ₱500 million a year. It builds and invests in financial-technology ventures aimed at underserved Filipino individuals and small businesses, and later established a Singapore hub to extend its venture arm's regional reach.
Confirmed portfolio includes SME lending platform SeekCap, rural-bank digital-infrastructure provider i2i, and micro-merchant platform Bux. UBX also led a funding round for PDAX, one of the Philippines' licensed cryptocurrency exchanges — a real, notable link to another platform already tracked in this directory's Startups section.
Investment Thesis
UBX operates a dual venture-building-and-investing model rather than a pure fund: it both incubates fintech products internally and makes direct investments into external fintech startups, with a consistent focus on expanding financial access for the unbanked and underbanked, digitizing rural banks and cooperatives, and modernizing SME and micro-merchant finance in the Philippines. Its parent, UnionBank, is one of the most digitally aggressive banks in the country, and UBX's stated edge is the ability to connect portfolio companies into UnionBank's banking rails and licenses. Its Singapore presence signals an ambition to support fintech ventures with a regional Southeast Asian footprint, not just a Philippines-only mandate, though its confirmed deal activity remains heavily Philippines-centered.
Portfolio Companies
SeekCap, i2i, Bux, PDAX