Borrowers can now apply for an auto loan with Maybank through FINTQ’s digital lending platform, Lendr.
Maybank Philippines is the first bank to open a 24/7 branch in the country. It is the local unit of Malaysia’s largest lender and part of the Maybank Group, the fourth largest bank in terms of assets in Southeast Asia.
Lendr is the country’s first 24/7 digital loans marketplace developed by FINTQnologies Corp. (FINTQ), the financial technology arm of Voyager Innovations. It has received multiple awards including the Consumer Finance Product of the Year from the Asian Banker and the most recent Most Innovative Partnership Strategy award from Telecom Asia in Singapore.
“With Maybank now live in Lendr, our customers have more choices for their financing needs, said Lito Villanueva, managing director of FINTQ. “Our fast, secure and reliable platforms are here to help our bank partners like Maybank extend their reach and further grow their business.”
“Joining the Lendr platform is essential in the digitization of our business. This allows us to move faster and provide convenience to our customers when applying for auto loans,” said Choong Wai Hong, president and CEO, Maybank Philippines. “Being present in Lendr also helps us increase our reach in the country, and appeal more to the fast-growing market of young and digital-savvy.”
To apply for a Maybank Auto Loan via Lendr, just go to the Lendr website or download the Lendr app (for Android users), and create an account. Go to the Lendr loans marketplace, choose Auto Loan. Complete all needed information and Lendr will show the details of the user’s Maybank Auto Loan application. To proceed, complete the application form, attach all required supporting documents and click Submit.
FINTQnologies Corp. is a financial technology provider of customer-centric, demand-driven, mobile-first, value-creating, and inclusive digital financial innovations. It has a diverse digital banking and finance portfolio of platforms including lending, security, micro-savings, micro-investments, insurance, disbursements, micro-credit and virtual banking, among others. FINTQ was named by the Bangko Sentral ng Pilipinas as its 2018 Outstanding Partner for Financial Inclusion for its initiatives to accelerate the inclusion of Filipinos in the financial mainstream through the platforms it builds.
Maybank Philippines is a member of the Maybank Group, Malaysia’s regional financial services leader with an international network of over 2,200 offices in 20 countries. The Group offers an extensive range of products and services, which includes commercial banking, investment banking, Islamic banking, stock broking, insurance, and takaful and asset management. Over 44,000 Maybankers are serving more than 22 million customers worldwide. In the Philippines, MPI has 74 branches nationwide, of which 30 are in Metro Manila and the rest are strategically locally located in key cities of Luzon, Visayas, Mindanao.
Categories: Media Release