Riyadh, Saudi Arabia; 12th February 2025: STC Bank, a leading Saudi digital bank, has entered into a strategic partnership with PLDT Global Corporation (PLDT Global), the international arm of PLDT Inc., to enhance digital financial solutions and payment accessibility for its customers in Saudi Arabia.
As part of the strategic partnership, STC Bank will be available as a payment option within PLDT Global’s digital marketplace, Tindahan ni Bossing (TinBo), and Vortex products will be included in its Marketplace. Vortex, PLDT Global’s robust, secure, and integration-ready digital distribution platform, ensures seamless transactions for users, enabling them to conduct smooth and secure digital payments.
By leveraging its digital banking infrastructure and expertise, STC Bank aims to facilitate financial inclusion, streamline cross-border payments, and enhance cybersecurity measures to safeguard digital transactions for PLDT’s customers in Saudi Arabia.
“At STC Bank, we drive financial inclusion through innovation that empowers individuals and businesses. Our collaboration with PLDT Global aligns with our mission to enhance digital banking accessibility, ensuring seamless and efficient transactions for our customers, no matter how far they are from their home countries,” said Nizar Altwaijri, CEO of STC Bank.
“We are thrilled to join forces with STC Bank. This partnership will enable us to provide every Filipino and our other customers in Saudi Arabia with convenient and secure payment options that meet their evolving needs. Together, we are committed to empowering businesses and communities at home and abroad.” said Albert V. Villa-Real, President and CEO at PLDT Global.
This strategic alliance aligns with STC Bank’s continued expansion into global digital ecosystems, reinforcing its commitment to offering cutting-edge financial services that cater to the evolving needs of Saudi citizens and residents in an increasingly digital economy.
