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Investment Evolution

Philippines

Investment Evolution will initially focus on using IEC for global payments to the Philippines market, which is the third biggest remittance-receiving country in 2017 after India and China, with $31.29 billion USD received in 2017 per Bankgo Sentral ng Pilipinas (BSP) data. This accounted for 10% of GDP and 8.3% of GNI for the Philippines in 2017