Tango Technologies has signed a strategic partnership agreement with Wallyt and Ant Group Digital Technologies to foster the growth of offline MSMEs in the Philippines through inclusive and accessible financial products and services.
Jan Chan, President of Tango Technologies, says “MSMEs are the backbone of the Philippines, employing more than 60% of the population and contributing 40% of the country’s GDP. We look forward to working with Wallyt and Ant Group Digital Technologies to help these offline MSMEs thrive.”
Wallyt and Ant Group Digital Technologies, global leaders in the financial and technology sectors, are teaming up with Tango to enhance its network of MSMEs. Tango aims to create a secure and user-friendly platform, facilitating MSMEs’ access to a diverse array of financial services, thereby driving their growth and success.
Recognizing that financial inclusion is key to fostering sustainable economic growth, this collaboration between Tango, Wallyt, and Ant Group Digital Technologies is a testament to the commitment of all Parties to promote economic development and financial inclusion in the Philippines.
The Parties foresee a prosperous future by granting MSMEs access to fair and accessible financial products and services, empowering even the smallest Filipino entrepreneurs to easily manage resources, expand businesses, and utilize financial services effectively.
As part of the agreement, Tango will utilize Ant Group Digital Technologies’ eKYC and mPaaS solutions, along with their Intelligent Risk Management Platform, to bolster and secure the digital financial service platform for MSMEs across the Philippines.
Ant Group Digital Technologies develops a full range of digital solutions in the fields of blockchain, privacy computing, security technologies, and distributed database. The company is committed to working with partners to enable MSMEs to operate digitally, facilitate digital collaboration, and reinforce trust across industries.
