Billease reported audited FY2025 results showing revenue grew more than 80% to US$151.2 million for the year ended 31 December 2025. Net profit reached US$13.6 million over the same period.

The consumer finance and buy now, pay later (BNPL) platform posted a return on assets of roughly 6.8%. This extends a multi-year run of profitability in a market where most digital lenders remain unprofitable.

Billease’s gross loan book grew more than 77% to US$212.1 million. Total assets reached US$233.5 million.

The platform now onboards more than 100,000 new customers every month.

Georg Steiger, co-founder and CEO of Billease, said the growth came from both new customer acquisition and deeper repeat usage among existing borrowers.

“We don’t view 2025 as a peak, we view it as evidence that the model works,” he said.

The company funded its expansion, including a larger sales network, marketing, and merchant partnerships, entirely from operating profits rather than external capital.

Steiger said Billease’s underwriting models were refined over eight years and millions of lending decisions. This allowed the loan book to grow without loosening credit standards.

“Growth that comes at the expense of credit discipline isn’t growth, it’s a deferred loss,” he added.

Billease remains backed by its 2024 Series C round, led by TPG’s The Rise Fund. It has also garnered participation from Burda Principal Investments.

Total equity stood at US$109.4 million as of 31 December 2025. It comprises US$82.9 million in paid-in capital and US$26.6 million in retained earnings, an equity-to-assets ratio of about 47%.

Retained earnings roughly doubled during the year, from US$12.8 million to US$26.6 million.

Billease is preparing to move into banking following its 2025 acquisition of a majority stake in the Rural Bank of Sta. Maria. It has since injected PHP 500 million in fresh capital into the bank.

The company said its FY2025 return on assets of 6.8% compares favourably with the 1-2% typically earned by banks across Southeast Asia. That gives it a strong starting position as it launches savings and deposit products.

Steiger described the bank launch as the company’s most important strategic priority going forward. He said it would open up a fuller product set for customers and a better cost of funding once live.

Featured image: Edited by Fintech News Philippines, based on image by mrsiraphol via Magnific