PLDT, Saudi Arabia’s STC Bank Team Up to Enhance Digital Solutions for Clients

PLDT Global Corporation (PLDT Global), the international arm of PLDT Inc., has entered into a strategic partnership with STC Bank, a leading Saudi digital bank, to deliver innovative digital solutions to clients, driving business growth and enhancing customer experiences.

The partnership will see STC Bank becoming a payment option in one-stop marketplace Tindahan ni Bossing (TinBo), PLDT Global's digital platform and app. STC Bank will also carry Vortex products on their platform. These initiatives are designed to streamline financial transactions and provide clients with more flexible and secure payment solutions.  Additionally, the collaboration will focus on enhancing cybersecurity practices to ensure the safety and integrity of digital transactions.

"We are thrilled to join forces with STC Bank. This partnership will enable us to provide every Filipino and all customers in Saudi with cutting-edge digital solutions that meet their evolving needs. Together, we are committed to empowering businesses and communities through reliable and innovative services," said Albert V. Villa-Real, President and CEO at PLDT Global.

"At STC Bank, we are driving financial inclusion through innovation that empowers individuals and businesses alike. 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.

This strategic alliance marks a significant milestone for both companies as they work together to address the challenges of digital transformation.