ChiCha acquires a 48% minority stake in BSP-licensed PayLoro to boost stablecoin payment solutions and expand digital financial services across Southeast Asia.
-- ChiCha, the stablecoin-native wallet building the PayFi layer for the AI and human economy, is pleased to announce it has acquired a 48% minority, non-controlling stake in PayLoro, a BSP-regulated electronic money issuer (EMI) and operator of payment system (OPS). The strategic investment grants ChiCha integration access to licensed payment rails in the Philippines, one of the fastest-growing digital payment and remittance markets in the world.
At its core, PayLoro will continue to operate independently as a fully licensed EMI/OPS, retaining responsibility for fiat custody and compliance. The partnership allows ChiCha to accelerate its expansion across the region ahead of its upcoming token generation event (TGE), bringing together regulated infrastructure and stablecoin-based rewards.
For everyday users, the collaboration transforms digital payments into something more than transactions. Each payment made in USDT through ChiCha earns instant ChiPoints loyalty rewards, while also unlocking $CHI utility for advanced features, community participation, and AI-driven wealth-building tools. Merchants already using PayLoro’s systems can seamlessly add ChiCha’s loyalty layer, enabling new ways to attract and retain customers without altering their existing setup.
“This isn’t cashback, it’s ownership,” says David Chang, Founder & CEO, ChiCha. “By having access to PayLoro’s BSP-licensed rails, ChiCha is turning everyday stablecoin transactions into adoption at scale. We’re showing how stablecoins can live inside licensed rails, not outside them: A new chapter for payments.”
“In Southeast Asia, millions of payments happen every day,” adds Andrew Bonnevie, Ecosystem Strategy, ChiCha. “With ChiCha, those same payments now unlock loyalty, utility, and AI-powered tools creating a growth engine for stablecoin adoption that both users and merchants can benefit from.”
Currently, PayLoro serves more than 1,300 merchants and processes over five million transactions per month. The company has been recognized for its innovation in financial technology, receiving the “Rising Star of the Year” award at the P-Innovator Summit in 2022.
For more information about ChiCha, please visit https://chicha.io/. To learn more about PayLoro, go to https://www.payloro.ph/.
About ChiCha
ChiCha is the first stablecoin-native wallet where every spend earns ownership. Users pay with stablecoins and gain ChiPoints loyalty rewards (non-tradable), access to $CHI utility tokens for features, governance, and AI-powered financial tools, and support from Genie AI for smarter decision-making. Founded in 2024, ChiCha has already processed more than $1 million in stablecoin transaction volume and is building the PayFi layer that merges payments, rewards, and AI. ChiCha does not issue e-money, operate as an EMI/OPS, or provide custodial fiat accounts.
About PayLoro (eMandarin Ventures, Inc.)
PayLoro, operated by eMandarin Ventures, Inc., is licensed by the Bangko Sentral ng Pilipinas (BSP) as an Electronic Money Issuer (EMI) and Operator of Payment System (OPS). Its platform offers wallet, gateway, QR acceptance, and payout services, supporting more than 1,300 merchants and processing over five million monthly transactions. PayLoro was named “Rising Star of the Year” at the P-Innovator Summit 2022.
Contact Info:
Name: Andrew Bonnevie
Email: Send Email
Organization: ChiCha
Website: https://chicha.io/
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