Moneythor and Grover Consult Partner to Bring Deep Banking to the Philippines

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.