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More articles about: lending company
For micro, small, and medium-sized businesses in the Philippines.
Financing company Asialink Finance Corporation has secured a P125-million credit line from South Korea's Hana Bank Global to boost its lending capabilities for small businesses in the Philippines, especially those who have no access to traditional banking services. "This breakthrough ...
A "pay later anywhere" card is in the pipeline for countries including the Philippines.
Atome Financial, a leading financial technology platform in Southeast Asia, has secured a new loan facility from Singapore-headquartered EvolutionX Debt Capital. The investment, which hopes to raise an additional $100 million through a syndicate of investors, has a three-year term. ...
The latest investment worth P410 million is from World Bank Group's International Finance Corporation.
Financial technology company First Circle has secured P410 million ($7 million) in investment from Washington-headquartered International Finance Corporation (IFC). The capital will allow the fintech to raise funds to expand its loan book for small and medium enterprises (SMEs). For IFC, ...
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 ...
And how lenders are stepping up to help Filipino entrepreneurs.
Four years ago, the pandemic forced millions of companies around the world to shut down, stripping many workers of their lifeline. Since then, a lot of people have turned to starting and growing their own businesses. One reason for this is seemingly ...
Bobby Jordan grew up in the squatters’ area of the Navotas fishport. Now he owns 38 companies, including Asialink Finance, one of the biggest companies in the country for lending money, with assets worth over P14 billion. Here’s how he did it.
Robert "Bobby" Jordan's journey from the humble beginnings of Navotas fish port to the commanding heights of the financial sector in the Philippines is a narrative that embodies the spirit of determination and entrepreneurship.The story of Jordan, the mastermind behind ...
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Be aware.
Three online lending operators were ordered to stop their lending activities after it was found that they did not have the necessary authorization from the Securities and Exchange Commission (SEC). In an order issued April 26, the SEC's Commission en banc ...
The company allegedly threatened to reveal borrowers’ information on social media.
Lending company Super Cash has been stripped of its license to operate for alleged unfair debt collection practices. According to the Corporate Governance and Finance Department (CGFD) of the Securities and Exchange Commission (SEC), the company threatened borrowers with shaming on social ...
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