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Wallets/coins-ph

Coins.ph

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Overview

Coins.ph is Philippine mobile wallet + crypto exchange + Mastercard prepaid card + Wei Zhou + Runar Petursson Coins.ph founders 2014 + one of Philippines' oldest digital wallet + crypto exchanges + ~18M+ Filipino users 1, Philippines report.

History

2014 — Coins.ph founded by Wei Zhou + Runar Petursson as Philippine mobile wallet + crypto exchange distinctive Philippine digital wallet + crypto heritage.

Jan 2019 — Gojek/GoTo Group acquires Coins.ph for ~$95M+.

May 2024 — Wei Zhou + Runar Petursson re-acquire Coins.ph back from Gojek/GoTo Group.

Ownership & operator

Operating entity: Coins.ph (Philippine mobile wallet + crypto exchange; Wei Zhou + Runar Petursson founders re-acquired May 2024).

Major shareholders: Wei Zhou + Runar Petursson Coins.ph founders re-acquired post-May 2024.

Regulators: BSP Bangko Sentral ng Pilipinas.

Technical integration

Coins.ph mobile app (iOS + Android; ~18M+ Filipino users) + coins.ph online + Coins.ph Mastercard prepaid card; PH IBAN + InstaPay + PESONet + QR Ph + crypto: Bitcoin BTC + Ethereum ETH + USDT + USDC + 100+ cryptocurrencies.

Implementations & partners

Major Philippine banking + digital bank + payments competitors: BDO Unibank (Philippines) (BDO Unibank; PSE: BDO; Philippines' largest commercial bank by assets) + Bank of the Philippine Islands (BPI) (BPI Bank of the Philippine Islands; PSE: BPI; Asia's oldest commercial bank since 1851) + Metrobank (Philippines) (Metrobank; PSE: MBT; George Ty family) + Land Bank of the Philippines (Land Bank of the Philippines; Philippine state-owned commercial bank) + PNB Philippine National Bank (PNB Philippine National Bank; PSE: PNB; Lucio Tan family Philippine conglomerate parent) + Security Bank Philippines (Security Bank; PSE: SECB; MUFG Bank Japanese parent ~20% strategic shareholder) + UnionBank of the Philippines (UnionBank of the Philippines; PSE: UBP; Aboitiz family Philippine conglomerate parent) + GCash (GCash; Globe Telecom + Ant Group JV Philippine mobile wallet; ~94M+ Filipino users; Philippines' largest mobile wallet) + Maya / PayMaya (Maya formerly PayMaya; Voyager Innovations Philippine mobile wallet + digital bank; ~50M+ Filipino users) + Tonik Bank (Tonik Bank; Philippine digital bank; first SE Asia neobank) + GoTyme Bank (GoTyme Bank; Gokongwei family + Tyme JV Philippine digital bank).

Regulators: BSP Bangko Sentral ng Pilipinas.

Status

Active, Philippine mobile wallet + crypto exchange + Mastercard prepaid card + Wei Zhou + Runar Petursson Coins.ph founders re-acquired May 2024 post-Gojek/GoTo divestment + one of Philippines' oldest digital wallet + crypto exchanges + ~18M+ Filipino users 1, 2.

Sources

Source

Biography extracted from coins-ph.md. See matrix.md for standards-support matrix if present.

source · content/wallets/coins-ph/index.md