Small Business Corporation (SB Corp), a Philippine government-owned financial institution focused on supporting MSMEs, has partnered with Oradian, a cloud-based core banking software provider, to modernise its operations.
The partnership aims to strengthen SB Corp’s ability to scale its services and improve financial inclusion for underserved sectors.
The collaboration will enable SB Corp to use Oradian’s platform, which is built on AWS and designed for flexibility, security, and operational efficiency.
By adopting this technology, SB Corp aims to streamline its processes, scale its services more effectively, and deliver tailored solutions to its MSME clients.
Antonio Separovic, Oradian’s Co-founder and CEO, said,
“We are honoured to partner with Small Business Corporation, a financial institution with a truly impactful vision. With Oradian’s platform, SB Corp will be empowered to scale their operations efficiently, deliver tailored solutions, and provide exceptional services to both current and future clients.
Our nearly decade-long presence in this market has provided us with invaluable insights into the unique needs of financial institutions, enabling us to drive innovation and empower our partners to achieve unprecedented growth.”
Robert C. Bastillo, SB Corp’s President and CEO, said,
“This partnership is a pivotal step towards strengthening the foundations we have laid for digital transformation.
As we approach 2025, this collaboration with Oradian will serve as a springboard to deliver even more innovative and responsive products and services to our MSME clients.”
SB Corp was established through the merger of the Small Business Guarantee and Finance Corporation (SBGFC) and the Guarantee Fund for SMEs (GFSME).
It provides financing to MSMEs through wholesale lending to financial institutions and cooperatives, as well as direct lending.
Featured image credit: Edited from Freepik
