Billease grew its revenue by more than 80% in 2025 to $151.2 million while net profit also grew to $13.6 million.
According to its audited financial results for the year ended Dec. 31, 2025, the company’s gross loan book increased 77% to $212.1 million, while total assets reached $233.5 million. Billease also said it is now adding more than 100,000 new customers every month, reflecting strong demand for installment financing and buy now, pay later (BNPL) services in the country.
“The growth was driven by both ends of our customer funnel: strong new-customer acquisition paired with deepening repeat usage,” said Georg Steiger, co-founder and CEO of Billease. “It tells us there is significant underlying demand for affordable, well-structured credit in this country, and that the platform scales without compromising our standards. We don’t view 2025 as a peak, we view it as evidence that the model works.”
Unlike many digital lenders and neobanks that continue to post losses, Billease said it remained profitable while expanding. The company reported a return on assets of about 6.8%, well above the 1% to 2% typically reported by banks in Southeast Asia.
Billease said it funded its expansion through operating profits instead of raising new external capital. Investments during the year included growing its field sales team, expanding marketing efforts, and increasing merchant partnerships.
“We are investing from a position of profitability, not chasing it,” Steiger said. “That is what lets us grow quickly and responsibly at the same time.”
The company also said its credit quality remained stable despite rapid growth. It attributed this to underwriting models developed over eight years and millions of lending decisions.
“We grew the book more than 77% without loosening our standards,” Steiger said. “Growth that comes at the expense of credit discipline isn’t growth — it’s a deferred loss.”
Billease ended 2025 with $109.4 million in total equity, supported by its 2024 Series C funding round led by TPG’s The Rise Fund and existing investor Burda Principal Investments. Retained earnings nearly doubled during the year from $12.8 million to $26.6 million, giving the company additional capital to support future lending.
The company is also moving closer to becoming a digital bank following its acquisition of Rural Bank of Sta. Maria 2025. Billease plans to introduce savings and deposit products, which it expects will diversify its financial services while lowering funding costs.
“Bringing the bank live is the single biggest strategic priority in front of us,” said Steiger. “Once that’s done, the runway opens up considerably — a fuller product set for customers, and a materially better cost of funding.”