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The Philippines ranked among Southeast Asia’s fastest-growing markets for mobile finance applications in 2025, as more Filipinos turned to apps for payments, credit, lending and digital banking.
This was according to US-based market intelligence firm Sensor Tower, which said in its latest report that financial services app downloads in the Philippines grew 10 percent year-on-year, the third fastest in the region.
It trailed only Thailand, which posted 21-percent growth, and Vietnam at 14 percent. Indonesia and Malaysia each recorded 8-percent growth.
In its State of Mobile Southeast Asia 2026 report, Sensor Tower said the increase reflected the “continued shift toward mobile-first financial access” across Southeast Asia, with consumer finance, credit and investing apps accounting for most of the activity.
