Philippines based DFNN Group and Spain’s CIC Consulting Informático (CIC), have formalized a strategic joint venture agreement aimed at leveraging each other’s products and services.

DFNN’s Executive Chairman and Founder, Ramon Garcia Jr., says that the Philippines is "doing the best it can" to be removed from FATF's gray list.

The Department of Information and Communications Technology (DICT), the Freeport Area of Bataan (FAB), and DFNN have jointly signed a Memorandum of Understanding, establishing themselves as the founding anchors of Plug and Play’s Horizon Philippines Project.

The Swedish game studio LL Lucky Games AB has appointed Calvin Lim Eng Kiat as the new CEO, effective November 1, 2023.

Philippines-listed technology provider and remote gaming platform provider DFNN has announced the addition of Nicholas Te to its Board of Directors. 

Inplay.ph, the leading and first online platform in the Philippine online casino industry, is proud to announce a groundbreaking partnership with Evolution, the global leader in live casino games. This collaboration is set to raise the online gaming experience in the Philippines by offering players an unparalleled selection of world-class live casino games.

Philippines-listed technology provider and remote gaming platform provider DFNN has announced new changes to its leadership, with DFNN’s current COO being promoted to the board of directors and designated as the new President and CEO.

Philippines-listed technology-provider and remote gaming platform provider DFNN posted a 69 percent increase in revenue for FY22 to PHP905.8 million ($16.1 million), driven mainly by robust income generated from its interactive technology platforms and an increase of sales.

Philippines-listed technology and remote gaming platform provider DFNN have issued a candid statement noting that the company has ‘sometimes outpaced financial and accounting standards not yet updated with new Philippine laws that have been passed on newer fintech processes which require further regional assessment.’

Ramon Garcia Jr, chairman of DFNN, says that there's no better investment environment in Asia than the Philippines, regardless of company scale. The country's political stability, aim to partner with industry and improvements to taxation regimes are attracting investors from across the globe.