UnionDigital
UnionBank's digital-bank arm.
- Who holds it
- The company itself — it holds a full banking licence — PH digital bank license.
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from UnionDigital’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Manila, PH |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | PH digital bank license |
| Card | No card |
| Yield | Deposits |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about UnionDigital
What is UnionDigital?
UnionDigital is a fiat neobank, headquartered in Manila, PH and founded in 2022. Your money is held custodially, so UnionDigital or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (PH digital bank license).
Does UnionDigital have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does UnionDigital require KYC?
Yes. UnionDigital requires identity verification (KYC) to open an account, as a licensed bank.
What does UnionDigital cost?
From the verified fields: yield Deposits. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with UnionDigital before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
UnionDigital appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks with no card of their own (67) · Neobanks in Philippines (6)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.