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, ph-cro].

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]] (BDO Unibank; PSE: BDO; Philippines' largest commercial bank by assets) + [[bpi-philippines]] (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-philippines]] (Land Bank of the Philippines; Philippine state-owned commercial bank) + [[pnb-philippines]] (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-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 (Maya formerly PayMaya; Voyager Innovations Philippine mobile wallet + digital bank; ~50M+ Filipino users) + [[tonik]] (Tonik Bank; Philippine digital bank; first SE Asia neobank) + [[gotyme]] (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

1 Coins.ph — official
2 Coins.ph — Wikipedia
ph-cro In-corpus: reports/countries/PH-philippines.md

Source

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