Lending

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

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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

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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

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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

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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

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BSP Retains Cap on Credit Card Transactions at 3% per Month

​The Bangko Sentral ng Pilipinas (BSP) will be retaining the cap on credit card transactions at 3% per month or 36% per year. The maximum add-on rate on installment loans will also stay at 1% per month. Meanwhile, the maximum

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Atome Expands Debt Facility with HSBC Singapore to Include Philippines

Atome Financial and HSBC Singapore have renewed and expanded their debt facility agreement. The new agreement includes the Philippines market and new consumer financing products. This is an expansion of the original agreement in August 2022. Through this agreement, HSBC

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One Alliance Lending Taps FinScore to Speed up Loan Approvals for Filipino SMEs

Philippines fintech firm One Alliance Lending joins the growing number of local financial institutions to leverage FinScore’s alternative credit scoring to make loans more accessible to more Filipino SMEs. Powered by FinScore’s telco data and advanced analytics, One Alliance Lending

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GHL Expands SME Loan Offering to the Philippines

GHL Systems, a Malaysian payment service company in the ASEAN region, has launched its micro-lending offering in the Philippines to provide small and medium enterprises (SMEs) with funds to support their cash flow and business growth. The GHL SME Loan

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Filipino Fintech Salmon Raises US$20 Million Debt Facility

Filipino fintech Salmon announced that it has raised a US$ 20 million debt facility from U.S.-based emerging-markets specialist investment firm Argentem Creek Partners. This will enable Salmon to further scale its lending operations across the Philippines. Salmon will expand its

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