SEA Bank PH on soft launch in the Philippines

SeaBank is reportedly under soft opening here in the Philippines. A number of people have already registered with the SeaBank app and have funds or savings account that earns interest by as much as 6% p.a.

SeaBank Philippines has been silently operating within the Shopee Philippines organization and all of its current employees have been using the SeaBank app (Shopee is a subsidiary of Sea Group).

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A number of Shopee employees have also been spotted posting on social media discussing group training together with SeaBank employees. Another source inside Shopee has also confirmed this trial run to us.

SeaBank is a mobile banking application for your daily financial needs. Earn more interest daily with attractive interest rates, while enjoying seamless transactions on your mobile phone anytime, anywhere.

SeaBank is a part of SeaMoney, the digital finance services arm of Sea Limited (NYSE:SE). Sea has been serving consumers since 2009 as a leading global consumer internet company. Sea’s other core businesses include Shopee, its e-commerce arm, and Garena, its digital entertainment arm. Sea’s mission is to improve the lives of consumers and small businesses with technology.

Once the limited trial is complete, SeaBank may formally open its doors to Filipinos wanting to open a new high-yield savings account.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

3 Responses

  1. Avatar for Roberto delos Santos Roberto delos Santos says:

    Im here in Saudi Arabia but I couldn’t able to open the apps, just eager and interested to open an account, unfortunately its not allowed.

  2. Avatar for alvin alvin says:

    im here in KSA (saudi arabia) and i wanted to open and download the seabank app but it is not allowed here. quite disapponted, missing this oppurtunity.hope this will reach the developers..

  3. Avatar for railai24 railai24 says:

    I was able to open an account with them, no invite codes whatsoever. Download the app and do the usual KYC’s. It is available now to Android and IOS app stores now.

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