PayMongo won two categories at the 2026 Asian Banking & Finance Fintech Awards, one verdict on the same bet.

Getting paid online used to be the hard part of running a business. It isn't anymore. Any merchant can accept cards, e-wallets, or a QR Ph scan within days of deciding to. Acceptance became table stakes — and the real friction moved deeper into the business: settlements that arrive slowly, Friday afternoons lost to manual disbursements, and growth capital that banks won't extend without collateral.

That is the challenge PayMongo built itself for. Not a better checkout, but instead, the financial operations that stay hard after checkout gets easy.

This year, PayMongo won the Fintech Initiative and SME Solution categories for the Philippines at the 2026 Asian Banking & Finance Fintech Awards. The detail worth pausing on: winners were selected by an independent judging panel from PwC, EY-Parthenon, Kearney, and Bain & Company — a third-party assessment of the work, not a popularity vote or a paid submission. For a company fostering trust with merchants, banks, and regulators at the same time, who does the judging matters as much as the trophy.

The two categories recognize one shift from two angles. Fintech Initiative rewards the infrastructure we built. SME Solution rewards what that infrastructure delivers for the businesses running on it.

Where this is heading

The direction shows up in the network data. In the first half of 2026, QR Ph reached 55% of payment share on PayMongo — up 510% year over year — and the merchant base grew 93%. That is the same direction the BSP has been pushing the country's payment rails for years. The awards score what has already been built; the data shows the build compounding.

If you run a business on manual collections, slow settlements, or a bank that won't lend against your actual revenue, the infrastructure that the judges scored is the same one you can leverage to grow your business today.

PayMongo is regulated by the Bangko Sentral ng Pilipinas.