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More articles about: consumer loan

QR-based credit cards will just be the beginning.
Plans are now underway for GoTyme Bank to roll out its own credit cards. According to the digital bank, it is preparing to launch a "QR-based credit card" early next year. Physical credit cards may follow by the end of 2025 ...
A study reveals credit card volume among Filipino adults rose to 11.2 million.
Whether for needs, emergencies, or guilty pleasures, credit cards have long been our spending companion. The modern borrowing tool dates back to the late 19th century, though it wasn't until the 1950s when it took off. And it's clear that ...
Unique users of these platforms also surged by 64 percent to 47.5 million.
There's nothing surprising about seeing people shifting to digital lending platforms when applying for credit cards is just too much work. (And the chance of getting approved is not so high either.) This is especially true in the Philippines, where most ...
Partner retailers will now have the opportunity to use the loans from the Yuchengco-led bank for their businesses.
There is a new lending option that aims to support micro, small, and medium enterprises (MSMEs) in the Philippines, as entrepreneurs continue to struggle to get access to loans. Through its team-up with financial technology solutions provider TrueMoney, the Yuchengco-led ...
Contrary to our Southeast Asian neighbors.
Unlike its Southeast Asian neighbors, the Philippines may be seeing its credit growth "declining" in the coming months. This is despite the fact that the country has been picking up pace in bank lending post-pandemic, according to research conducted by the ...
Loan through your phone.
When Grab set out to be the region's all-in-one super app, they meant business. What was once a ride-hailing platform has grown to include everything from food and parcel delivery, e-wallet, shopping, even insurance and hotel bookings. ...
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