![TFD [LOGO].png](https://static.wixstatic.com/media/1c4fd3_548a902f0e634d898458c2078da13fc9~mv2.png/v1/crop/x_67,y_226,w_358,h_43/fill/w_169,h_20,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D.png){kind=small}
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D%20(10).png)
The adoption rate of financial technology among Filipinos aged 15 years old and above through mobile apps can surge 72.2 percent to 59.3 million users by year-end, consumer credit service Digido reported.
Photo Insert: Last year, the adoption rate of fintech services among the population aged 15 years old and over in the Philippines reached 69.3 percent from 64.4% in 2021.
The maximum growth of this indicator is expected to come from the Payments & Transfers segment (+17.6 percent), followed by E-Wallets (+4.9 percent), Digital Banking (+4.3 percent), Digital Investments (+3.7 percent) and Digital Lending (+0.9 percent).
Last year, the adoption rate of fintech services among the population aged 15 years old and over in the Philippines reached 69.3 percent from 64.4% in 2021. Similar to the region as a whole, the largest contributor is the e-commerce sector, with adoption among adults close to 100% in the Philippines at the end of 2022.
