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Echelon Singapore 2025 – Why the Philippines is ready to lead: Jojo Malolos on rebuilding PayMongo and the country’s fintech breakout

Jojo Malolos, CEO of PayMongo, shared his deep background in fintech and venture capital through roles at Go Time, JG Dev Ventures, and Smart Money in this fireside chat at Echelon Singapore 2025. He discussed leading PayMongo’s turnaround after a leadership crisis, cutting the team from 245 to 120 while improving financial performance.

Strategic partnerships, notably with Stripe, have fueled innovation and new service launches. Malolos highlighted the Philippines’ growing FinTech landscape, supported by progressive regulation and pandemic-driven digital adoption.

With a stronger foundation and a focus on collaboration, PayMongo is positioning itself to expand regionally and become a leading player in Southeast Asia’s fintech ecosystem.

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