Enterprise tech news and intelligence in the Philippines
One in four of Tala’s five million customers in the Philippines uses loans for business purposes, highlighting how small-scale entrepreneurs are turning digital credit into working capital. Tala said its…
Financial inclusion in the Philippines is improving, with more Filipinos opening financial accounts and gaining a better understanding of basic money concepts, according to the latest data from the Bangko…
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…
Tala Philippines has added Grow with Tala, an in-app feature that allows customers to track their credit progress and see potential future credit limit increases as they build their borrowing…
Limited access to reliable credit data continues to prevent many Philippine small and medium enterprises (SMEs) from securing financing, according to CIBI Information Inc. (CIBI), even as the sector accounts…
SUVs and house-and-lot properties remain the top loan preferences among Filipino borrowers, driven by family needs, space requirements, and long-term financial goals, according to Metrobank. Data from the bank shows…
Digital financial access has expanded worldwide, but billions of people still cannot fully use financial services such as savings and credit, according to a new global report cited by fintech…
Digital bank GoTyme Bank and video commerce platform TikTok Shop have launched TikTok Shop Loans, a new lending feature for Filipino MSMEs selling on the platform. “(About) 77% of Filipino…
The Bangko Sentral ng Pilipinas (BSP) and the International Finance Corp. (IFC) signed an agreement to promote the use of movable assets for loans, to help more micro, small, and…
UnaCash, a digital financial service provider, highlights the importance of data protection and shares simple steps consumers can take to secure their information. Cyber threats such as phishing, smishing, and…
Maya, a digital banking and payments firm, ended 2024 on a high note with ₱68 billion in loans disbursed and ₱39 billion in deposit balances. Since launching in 2022, the…
Digital bank Maya is enhancing access to credit for underserved Filipinos through artificial intelligence (AI), raising its total loan disbursements to P67 billion as of September 2024. AI-driven assessments help…
Digital bank Maya, has launched its Personal Loan service to help individuals kickstart their side businesses. Whether it’s opening a coffee shop or launching an online store, this loan offers…
UnaCash, a provider of in-app and in-store financial solutions, has announced a partnership with ComWorks Inc., a mobile solutions provider, to introduce point-of-sale loans for smartphone accessibility. The partnership makes…
PayMongo Philippines Inc. (Paymongo) and GoTyme Bank (GoTyme) have joined forces to provide loans to small businesses under PayMongo’s merchant ecosystem. Through GoTyme, entrepreneurs can avail themselves of up to…
UnaCash, a provider of in-app and in-store installment solutions in the Philippines, foresees point-of-sale loans (POS) soaring to P1.67 trillion by 2028, driven by a shifting consumer landscape. A survey…
A study by TransUnion, a global information and insights company, showed that Credit Perception Index (CPI) in the Philippines currently stands at 65 out of 100. The TransUnion CPI for…
GrabFinance, the official lending arm of Grab, has recently upgraded its Quick Cash loan product to better cater to the needs of micro, small, and medium enterprises (MSMEs) in the…
Digital bank Tonik started offering two new lending products, Flex Loan and Big Loan, in a bid to accelerate financial and credit inclusion in the country. Tonik’s best priced unsecured…
Ayala-led Bank of the Philippine Islands (BPI) is introducing new loan products geared specifically to the backbone of the economy, the small and medium enterprises. Offered under Ka-Negosyo Loans, SMEs…
High monthly payment is among the top reasons Filipino consumers reject credit offers. This is one of the findings in credit and insights company TransUnion’s latest study on financial inclusion.…