Lending

BSP’s Push to Standardise QR Codes Helps Salmon Expand Financial Inclusion

Bangko Sentral ng Pilipinas’ (BSP) recent moves to standardise QR payment codes across the Philippines are helping democratise consumer credit in the Philippines in unexpected ways, with Salmon leading the charge. Based on a global standard for secure payments, QR

Read More

Paywatch Launches in the Philippines, Plans Indonesia Expansion by Year-End

Earned Wage Access (EWA) service provider Paywatch has officially launched in the Philippines, its third market after Malaysia and South Korea. The company will also launch in Indonesia before year-end. Paywatch is a bank-backed and regulator-approved EWA solution that allows

Read More

Tonik Rolls Out Insurance Product for Loan Borrowers

Philippines’ digital bank Tonik has tied up with life insurance company Sun Life Grepa Financial to launch Payhinga, an inclusive insurance product for loan borrowers. Payhinga will complement Tonik’s existing loan offerings and will be readily available to customers applying

Read More

HitPay Partners GCash to Offer More Payment Options to Filipino Merchants

HitPay, a payment processing platform for small businesses, has partnered with Philippines’ e-wallet GCash to expand its payment options for merchants in the country. Through this partnership, HitPay merchants in the Philippines can now offer three new payment methods; GCash,

Read More

Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap

Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact

Read More

Salmon Rolls Out BNPL Service With Built-in QR PH Payment Options

Philippines-based fintech Salmon announced the launch of Salmon Credit, its first credit line product with built-in QR Ph payment options. Filipinos will now be able to make payments at more than 600,000 QR Ph-enabled merchant locations across the country. Salmon

Read More

Akulaku Taps Netbank to Expand Its Loan Offering in the Philippines

Netbank, a Filipino embedded finance platform, has partnered with Indonesian fintech unicorn Akulaku to offer affordable and convenient loans to Filipinos. The partnership will integrate Akulaku’s users into Netbank’s “Loans as a Service” model, which will help the Indonesian fintech

Read More

Fuse Lending and GCash Partner to Offer Nano Loans to Filipinos

Philippines e-wallet GCash its credit affiliate Fuse Lending, a consumer and business lending marketplace, have rolled out ‘GCash Sakto Loans’. This new nano loan offering is designed to help Filipinos borrow small amounts of money conveniently without any paperwork. GCash

Read More

Salmon Expands Physical and Online Loan Repayment Options

Philippines’ consumer fintech Salmon has made it easier for its customers to repay their loans. Salmon launched repayment channels with five institutions, including MLhuillier and SM Bills Payment Centers (SM Stores), that will provide new loan repayment locations. The fintech

Read More

Salmon’s Super–Charged Journey in AI-Enabled Consumer Lending

Manila-based fintech Salmon has grown rapidly in its first year of operations. From launching its first point-of-sale lending product four months after inception, rolling out its proprietary app, and securing partnerships with leading retailers across the Philippines – the fintech

Read More