- Moneythor’s SEA clients include DBS, Standard Chartered and Trust Bank Partnership to deliver ‘deep banking’ for Philippine banking customers
Singapore & Manila – March 3rd 2025 – Moneythor, the leading all-in-one personalisation provider for financial institutions, has announced a strategic partnership with Grover Consult, the Philippine-focused financial services consulting firm to support the adoption of Deep Banking in the country.
Grover’s strong local presence and deep understanding of the Philippine market, coupled with Moneythor’s extensive experience in global and Southeast Asian markets, provides valuable insight into the critical challenges faced by financial institutions in the country.
Deep Banking, built on the three pillars of personalisation, proactivity, and beyond banking, is transforming financial services across the region. By offering personalised experiences tailored to individual needs, anticipating customer requirements, and extending financial solutions beyond traditional banking, Philippine banks can engage the unengaged and bring the unbanked into the financial ecosystem.
“Through this strategic collaboration with Grover Consult, we are excited to support the adoption of Deep Banking in the Philippines” said Martin Frick, Moneythor CEO. “By focusing on personalisation, proactivity, and beyond banking, we aim to help local banks deliver tailored, innovative solutions that build deeper relationships and lead to increased engagement.”
Krishan Grover, Chairman of Grover Consult, said: “We are thrilled to partner with Moneythor. Our strong local presence and understanding of the Philippine financial landscape, combined with Moneythor’s expertise in creating deeper banking relationships, positions us to address the unique challenges faced by Philippine banks. This partnership will empower financial institutions to create more meaningful connections with their customers, drive engagement, and foster financial inclusion.”
About Moneythor
Moneythor provides an all-in-one personalisation engine for financial services that delivers actionable data-driven insights, recommendations, and nudges to support the entire customer journey from acquisition to activation to engagement. Examples ofthese include money management nudges, budgets, savings goals, predictive forecasts, financial literacy material, relevant offers, referral campaigns, gamification, loyalty programs and more.
Headquartered in Singapore, Moneythor is also present in Paris, Dubai, Sydney, Miami and Tokyo.
The Moneythor solution has been deployed globally by large banks such as ANZ, NAB, DBS and Standard Chartered among others, as well as digital banks such as Trust Bank, Orange Bank and Booster.
About Grover Consult
Grover Consult is a leading financial services consulting firm specializing in bringing world-class technology solutions to banks and financial institutions in the Philippines. With a deep understanding of the local market and strong partnerships with global fintech innovators, Grover Consult helps organizations enhance their digital transformation strategies, improve customer engagement, and drive operational efficiency. By connecting financial institutions with cutting-edge solutions, Grover Consult plays a key role in shaping the future of banking in the country.
