Manila, Philippines — Manny Pay, the digital wallet and fintech startup backed by boxing legend and senator Manny Pacquiao, has confirmed that its current app will cease operations as the company transitions to what it’s calling a “new chapter.”
Current App Ceasing Operations
The company announced that the existing Manny Pay app will be shut down, with some users reporting difficulties accessing the platform. The startup described the shutdown not as a complete failure but as a transition to a revamped platform.
New Chapter: Version 2.0 Planned
In a statement, Manny Pay confirmed plans to launch a “version 2.0” of its application, suggesting the team is working on significant improvements based on user feedback and lessons learned from the initial launch.
“We are transitioning to a new chapter,” the company said. While the company has not yet provided a specific timeline for the relaunch, it has not ruled out a return to the Philippine digital payments market.
Pacquiao’s Fintech Venture
Manny Pay was positioned as a mobile wallet solution aimed at helping Filipinos manage their finances more conveniently through their smartphones. The startup was one of several fintech ventures tied to Manny Pacquiao, who entered politics and has been actively involved in promoting financial inclusion initiatives in the Philippines.
Impact on Users
Users of the current Manny Pay app should note that access to services may be limited or unavailable during the transition period. The company has not yet disclosed when version 2.0 will be available or whether existing user accounts and balances will be carried over to the new platform.
For updates on the shutdown timeline and planned relaunch, users are advised to check official Manny Pay social media channels.
