UBX, AIM Global and Orbix Victus International Team Up to Launch Financial Super App
Alliance in
Motion (AIM) Global together with Orbix Victus International (OVI) the leading
direct-selling company in the country, has tapped UBX, the leading open finance
platform in the Philippines, to develop a super app that will enable its over
three million distributors to offer digital financial solutions to their
clients.
Under the
groundbreaking partnership, UBX, OVI and AIM Global will work together to
develop a mobile app that will enable AIM Global distributors to process
digital financial transactions, such as accepting payments for products, bills
payments, loans, remittances, and money transfers.
The app will be
powered by UBX’s banking-as-a-service vertical i2i as well as its online
lending marketplace SeekCap.
“Our goal in
developing this super app with AIM Global and OVI is to expand its suite of
products from food supplements and herbal products to digital financial
services. This not only empowers its distributors to expand their businesses
but also enables their clients to conduct financial transactions without the
need to go to a bank,” UBX Business Lead
Marc Gorospe said.
AIM Global is
the leading direct-selling company of food supplements and herbal products with
five million distributors across the globe. In the Philippines alone, it has a
network of more than three million distributors. On its 15th year
the company decided to expand its reach by opening their newest subsidiary
Orbix Victus International (OVI) not only by offering health and wellness
products but to further promote the awareness on financial literacy to its
distributors and add more value by opening access to its people into digital financial
services thru UBX.
“Partnering
with UBX assures us that we get nothing short of the best digital solutions to
expand our suite of products. With its status as the country’s leader in open
finance, we are excited to learn the tricks of the trade and expand our
knowledge in helping more Filipinos nationwide.” AIM Global and OVI’s CEO Dr.
Eduardo Cabantog said.
The mobile app
will be launched within the first quarter of 2023.
Last year, UBX
partnered with various players in different industries such as the metaverse,
insurance, the women’s sector, and even government institutions to forward its
goal of including everyone.
As part of its
commitment to promote genuine financial inclusion, UBX is open to partnering
with other organizations to develop tailor-fit digital financial solutions to
help bridge the financial and social gaps.
“Our
partnership with AIM Global and OVI signals that more and more organizations
beyond finance are interested and willing to support the goal of promoting
financial and social inclusion. We are committed to working together with more
partners to push this agenda further so that more Filipinos will be able to
participate in and leverage the financial systems,” Gorospe said.
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