Lending
Earned Wage Access Firm Advance Raises US$16M to Push Vietnam Expansion
Filipino earned wage access startup Advance announced that it has raised US$16 million in a Pre-Series A funding and expanded its operations to Vietnam through the acquisition of BravoHr, a platform that provides digital solutions for employee engagement, benefits, and
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South Asia. However, extending credit to underbanked and unbanked populations comes with inherent risks, especially when dealing with new-to-credit customers who
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GCash’s Loan Disbursements Reached PHP 50 Billion in 2022
Philippines’ mobile wallet GCash reports that its loan disbursements had reached PHP 50 billion in 2022 though its GCredit offering. GCash credited the growth of its loan book to its credit affiliate Fuse Lending, a consumer and business lending marketplace.
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Investree Philippines Taps Provenir for AI-Powered SME Financing
Philippines’ crowdfunding platform Investree will integrate Provenir’s data, decisioning and AI capabilities to provide accessible and inclusive financing to small and medium enterprises (SMEs). Provenir’s platform provides Investree Philippines with the capability to access, evaluate, and process a wide range
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BillEase Partners With iPay88 to Accelerate BNPL Acceptance for Merchants
BNPL and consumer finance app BillEase has partnered with Malaysian payment gateway provider iPay88 to provide merchants with flexible payment options for their customers. This is made possible through BillEase’s easy-to-implement integration stack which enables enterprises to grow their businesses
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HitPay Ties up With BillEase to Enable BNPL Payment Option for SMEs
HitPay, a Singapore-based payment platform for SMEs, has partnered with Filipino BNPL and consumer finance app BillEase to offer local businesses card-free installment payment option to their customers at checkout. Through BillEase, online and offline retailers can offer shoppers three
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Fintech Alliance.PH Appoints Chairman of Financing and Lending Committee
Fintech Alliance.PH, the country’s largest association of fintech and digital players, has appointed Zdenek Jankovsky as the committee chairman for financing and lending. He is the Executive Director and Treasurer at Home Credit Philippines (HCPH). Through his expertise, Jankovsky will
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10 Fintechs That Are Transforming SME Lending
Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the line when it comes to accessing credit. Lending to SMEs can be risky and time-consuming. Traditional financial institutions often require
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Fintech Startup Salmon Launches Point-Of-Sale Loan Product in the Philippines
Fintech startup Salmon announced that it has launched its first offering in the Philippines which is a point-of-sale (POS) loan product. Filipinos will be able to shop for a variety of home products while deferring payment for their purchases over
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BillEase Partners Alipay+ to Offer BNPL Payment Option for Filipinos
Consumer finance app BillEase has partnered with Ant Group’s Alipay+ to enable the buy now, pay later (BNPL) payment option for Filipinos when the shop at global brands online. BillEase’s over 2,000 merchant partners can now offer their shoppers three
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