Technology News
Consumer financing company Home Credit Philippines has partnered with appliance retailer SM Appliance Center to roll out the Grand Pay Hulugan promo, offering discounted home appliances with installment payment options.…
Credit-led fintech company Salmon Group Ltd has raised $50 million in its second Nordic bond issue, bringing its total bond financing to $110 million under a $150 million framework. The…
Atome and Maya Bank have entered into a ₱2.75 billion ($48 million) loan channeling agreement aimed at expanding credit access for more Filipinos. “Together (with Maya Bank), we are expanding…
Fintech firm GCash has expanded its financial services with GCredit, a credit line powered by digital bank CIMB that helps users manage daily expenses and bills without relying on credit…
Financial services company Home Credit Philippines (HCPH) said it has released ₱10 billion in loans for smartphones in 2024, with iPhone remaining a top choice for many customers. The company…
The Social Security System (SSS) announced revised guidelines for its Calamity Loan Program (CLP), lowering the interest rate to 7% per year, allowing renewal after six months, and streamlining the…
Maya, Ultra Mega, and GoodApps have joined forces to provide sari-sari stores (neighborhood stores) and other small businesses with access to credit, digital tools, and community Wi-Fi services, to strengthen…
Cashalo, a digital financial services provider in the Philippines, has secured a loan facility of up to $75 million from global investment firm Community Investment Management (CIM) to support its…
Fintech company Skyro has recorded more than one million loans since entering the Philippine market in 2022. The loans, totaling around ₱11 billion in value, were made possible by partnerships…
According to a study by lending firm Skyro, many Filipinos are expected to focus on buying essential, high-value items this year. This trend shows a shift toward spending on things…
Globe has secured a P3-billion term loan facility with the Bank of the Philippine Islands (BPI). The funding will support the company’s capital expenditures, debt refinancing, and general corporate needs.…
As the 2023 holiday season highlighted the spirit of giving, Home Credit Philippines (HCPH) saw strong demand for mobile phones, home appliances, and electronics. The company recorded sales of P16.3…
A new survey by analytics company Fico shows that many Filipinos have mixed feelings about financial fraud. The study found that a large number of people believe it’s acceptable to…
Maya, a digital bank in the Philippines, has partnered with the consumer app Grab to provide easier access to credit for eligible Grab users. The partnership allows users to borrow…
To make students’ lives much easier this coming school year, Home Credit Philippines, the country’s leading consumer finance company, is offering Sulit-Skwela offer, featuring a range of laptops. This offer…
The survey's insights align with UnaCash's internal data, showing that middle-class consumers often use BNPL for significant purchases.
At its 11th anniversary celebration, Home Credit Philippines (HCPH) announced that it has disbursed P320 billion worth of loans since its inception in 2013. It also achieved its goal set…
Based on consumer finance company Home Credit’s data, there was an increase in the purchase of various commodities, particularly mobile phones, in 2023. It financed about 1.7 million units of…
The holiday season brings joy and gatherings, but finding the right gift can be challenging. Thankfully, Mocasa, the Philippines’ first virtual credit wallet, simplifies shopping. Apply for a “Pay Later”…
Home Credit, a consumer finance platform, is offering consumers 0% interest rate installment deals in time of the holiday shopping season. To make shopping, whether in person or online, Home…
Home Credit, a consumer finance company, is offering low monthly installment plans with 0% interest for select brands and gadgets as the new school year begins. Parents may be looking…
As Home Credit Philippines (Home Credit) kicked off its 10th anniversary this year, it sets a target of servicing 10 million customers this year. Currently, it has served 9.4 million…
Metrobank is making the P5,500 appraisal fee free for Metrobank Home Loan borrowers who will submit their complete application today until March 31, 2023. With this, Metrobank helps you on…
Union Bank of the Philippines (UnionBank) has tapped the syndicated bank market through a $358 million three-year syndicated loan facility. Despite prevailing market uncertainty and volatility, UnionBank’s syndicated financing was…
Evolving into SAVii Asia, Uploan PH continues to partner with companies and offer salary loans to employees at manageable interest rates. In a virtual media briefing held recently, SAVii Asia…
CIMB Bank Philippines and Lalamove Philippines partnered up to provide easy credit access to Lalamove partner drivers through CIMB’s new all-digital offering, REVI Credit. Through the partnership, qualified Lalamove partner…
Quoting the 2019 Financial Inclusion Survey, personal finance app Tala said the Bangko Sentral ng Pilipinas (BSP) announced that 51.2 million Filipinos, or 71% of the total adult population, remain…
You must be logged in to post a comment.