The winning digital wallet demonstrated sustainable revenue enhancement and diversification strategies. It harnessed digital capabilities to provide financial inclusion among Filipinos through various products and services, which include savings account that targeted the unbanked sector in the Philippines. To date, it has 5.3 million depositors. It also introduced an investment marketplace that allows users to buy, manage, and sell  products from partner providers. The service now has three million registered users, representing 77% of the unit investment trust fund (UITF) accounts in the country. 

For demonstrating sustainable revenue enhancement and diversification strategies, the Best Digital Business Model in the Philippines is awarded to GCash.

For full list of The Asian Banker Philippines Awards, please visit
https://awards.asianbankerforums.com/philippines-awards/pastwinners