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Nexplay and UnionDigital Bank announce exclusive partnership to empower Philippines' gaming community

The gaming industry and community has rose to level where more and more people are paying to attention to it. Yet, we are  still on the tip of the iceberg and we know it has huge potential and more gamers and audience can still be tapped.

Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com


Leading Southeast Asian esports and video game content ecosystem Nexplay and UnionDigital Bank, the digital bank entity of UnionBank, have signed an exclusive partnership that aims to offer more convenient digital financial services for Filipino gamers.


Arvie De Vera, CEO and Co-founder of UnionDigital Bank | Benteuno.com
Arvie De Vera, CEO and Co-founder of UnionDigital Bank

 

“UnionDigital Bank is driven to further empower the Philippines’ digital economy. Our partnership with Nexplay allows us to offer our financial services to today’s Filipino gamers, enabling them more by giving access to a digital bank account. We are looking forward to this collaboration with Nexplay to propel our higher purpose - Tech-ing Up today’s generation of Filipinos, especially gamers,” said Arvie De Vera, Co-founder and CEO of UnionDigital Bank.



Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com
(L-R) Miguel Bernas, President and Co-Founder of NEXPLAY; Arvie De Vera, CEO and Co-founder of UnionDigital Bank; Gabriel Benito, CEO and Co-founder of NEXPLAY



This partnership between UnionDigital Bank and Nexplay empowers not only esports athletes, influencers and gamers but the youngsters who want to take the same path. Who knows what potential it will unlock in the near future. 


 

In 2019, 43 million Filipino gamers spent a total of USD 572 million on games, four-fifths engaged with in-game microtransactions such as buying power-ups and game cosmetics. The following year, revenue generated by the online gaming industry sat at USD 24 million. As cashless payment methods grow in prominence due in part to the pandemic, UnionDigital Bank sees an opportunity to empower Filipino gamers by providing more accessible financial solutions not limited to traditional deposit accounts and debit cards.



Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com
(L-R) Mike Garcia, Chief Finance Officer of UnionDigital Bank; Miguel Bernas, President and Co-Founder of NEXPLAY; Arvie De Vera, CEO and Co-founder of UnionDigital Bank; Gabriel Benito, CEO and Co-founder of NEXPLAY; Mike Singh, Chief Revenue and Lending Officer of UnionDigital Bank; Munmun Nath, Chief Marketing Officer of UnionDigital Bank; Boom Eufemio, Chief Community Officer of UnionDigital Bank


 

De Vera continued, “Nexplay opens opportunities for us to engage our country’s digital natives in platforms they are quite familiar with: games. This is particularly important if you consider the rise of play-to-earn gaming and content streaming in the Philippines.”



Nexplay, a Singapore-based company with Filipino leadership, is scaling its business in the Philippines. After reporting a 150% year-on-year revenue growth early this year, Nexplay is gearing up to develop its own Web3 IP in the digital gaming space. The premier Southeast Asian esports gaming brand brings a 250 million-strong built community of video game enthusiasts, young professional esports athletes, over 400 high profile content creators and a solid portfolio of more than 200 big brands and clients.



Gabriel Paulo Benito, Co-founder and CEO of Nexplay | Benteuno.com


 

For Nexplay, our mission has always been helping gamers succeed. Working with UnionDigital Bank will help crystallize this combined vision of making financial services more accessible to our massive gaming community, our fans, our teams and our talents to enrich their digital experience. Together, we are committed to encourage greater financial inclusion within the rapidly growing gaming community in the Philippines, especially the next-generation gamers.” shared Gabriel Paulo Benito, Co-founder and CEO of Nexplay.



He also added that there's already around 45 million gamers in the Philippines, which  shows a bright future for pro gamers and enthusiasts. Gamers, no matter what the age is, even kids are spending hundreds to thousands of pesos to buy in-game items and merch. Benito sees the notion that playing games just to kill time is changing for the better. Gamers are earning money while playing games either professionally or casually. And they need a financial structure to guide these youngsters in the gaming world which Nexplay and UnionDigital wants to be part of and build together.



Miguel Bernas, President and Co-Founder of NEXPLAY | Benteuno.com
Miguel Bernas, President and Co-Founder of NEXPLAY



Nexplay recently launched their merchandise which includes cap, shirts and swag items. Miguel Bernas, President and Co-Founder of NEXPLAY, was very much surprised that the merch they've just released a couple of days ago, got sold out not in 15 mins, but just in 15 seconds!  It only shows the love and enthusiasm from the gaming community as they support Nexplay and their favorite players.  The potential of gaming is very big and the numbers can prove it. Even if you just tap a small percentage it's still a huge number.


As more and more banks are embracing digitalization, UnionDigital bank keeps on paving the way for gamers and non-gamers alike. This exclusive partnership with Nexplay is a big upside for everyone. 



Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com

Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com

Nexplay and UnionDigital Bank exclusive partnership | Benteuno.com



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