Philippine fintech app MarCoPay addresses seafarers’ needs

TOKYO — Fintech startup MarCoPay is expanding its financial services aimed at Filipino seamen, including by offering QR-code payments and loans. These services are designed to meet their unique needs and make their lives at sea more convenient and secure.

“As a one-stop financial platformer for seafarers in the Philippines, we value them in a way that local financial institutions cannot,” Toshiaki Fujiwara, president of MarCoPay, told Nikkei Asia in an interview.