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Data Scientist
1 week ago
UBX is a wholly owned subsidiary of Unionbank of the Philippines, a top 10 universal bank in the country by assets. The company has annual revenues of over PHP 25 Billion and is a leader in digital financial services. UBX facilitates Unionbank's exploration and creation of new, digital, and potentially non-banking business models.
The company's mission includes investments in financial technology (fintech) companies and other ventures whose capabilities complement UBX's platform development. UBX develops platforms that embed financial services into customer and business experiences, making them accessible to a broader community – physically, logically, and economically.
UBX invests to positively and materially impact financial inclusion. Truly innovative financial technology should make banking perfectly transparent in the lives of consumers and businesses. When we talk about banking today, we still talk about accounts, lines of credit, and cash management services. Banking still distracts and interrupts. Our ultimate goal: banking that becomes invisible, banking vanishes into our lives and businesses.
This is why we are particularly focused on ecosystems: can we participate in and build the platforms where we can seamlessly embed banking in the context of experiences for consumers and businesses?
Ecosystems are built on platforms that support multi-participant markets and multi-point transactions. Therefore, from an ecosystem development perspective, our customers are the participants in these ecosystems.