payoneer

While entering new markets is top of mind among Philippine SMEs, hiring local talent remains to be a priority.

Seeking to reshape the entrepreneurship landscape in the Philippines, digital payment firm Payoneer has joined forces with entrepreneurship group Bridge for Billions to launch an incubation program for local SMEs and freelancers.

Studies have found that the Philippines' still-nascent freelance sector is booming as more Filipinos see the benefits of online work.

Filipino freelancers are enjoying a healthy influx of overseas clients, according to a recent joint white paper by US-based financial services company Payoneer and Philippine mobile payments provider GCash.