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Philippines

BSP and JICA launch web-based credit scoring platform for...

The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have launched the Credit Risk Database Philippines (CRDPh) System, a web-based credit scoring platform aimed at improving SME access to finance and helping lenders enhance credit risk...

#Bangko Sentral ng Pilipinas#BSP#credit risk

Tonik achieves record growth with Finastra’s solution

Tonik, a leading neobank in the Philippines, continues to set new benchmarks in digital banking with rapid growth, operational efficiency,…

#digital#Greg Krasnov#Tonik


BSP, IFC sign MOU to promote movable asset financing...

​The Bangko Sentral ng Pilipinas (BSP) and the International Finance Corporation (IFC) have agreed to jointly develop the country’s movable…

#Bangko Sentral ng Pilipinas#BSP#IFC


Factoring – unlocking MSMEs growth in the Philippines

Micro, Small, and Medium Enterprises (MSMEs) make up 99.5 per cent of businesses in the Philippines, with a significant portion…

#factoring#Personal Property Security Act#Securities and Exchange Commission


Netbank partners with Jia Financing to expand invoice finance...

Netbank has formed a strategic partnership with fintech innovator Jia Financing to streamline loan distribution for small and medium enterprises…

#invoice finance#Jia financing#Netbank


Asialink Finance secures US$50M boost from ADB to power...

Asialink Finance Corp. (AFC) has secured a US$50m loan from the Asian Development Bank (ADB) to boost financing for small…

#ADB#AFC#MSME finance


Kredit Hero debuts in the Philippines, transforming SME financing...

Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…

#AI#artificial intelligence#SME financing


Malayan insurance teams up with Atradius for trade credit...

Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…

#Atradius


ProCredit secures US$4.1m pre-seed round to bolster SME lending...

ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…

#bank#emerging markets#management


FundSpace and BPC Lending partner to fund Philippine’s MSME

Fundspace, a loan aggregator startup under Globe Telecom Inc.'s corporate venture builder - 917Ventures, has partnered with BPC Lending Inc.…

#MSME finance


Asialink Finance to employ CIBI’s credit scoring solutions

Asialink Finance Corp., a financing firm focused on micro, small and medium enterprises (MSMEs), has tied up with credit risk…

#credit risk management#credit scoring


ADB approves US300m finance to increase access to financial...

The Asian Development Bank (ADB) has approved a US$300m policy-based loan to support the ... (more…)

#Asia Development Bank#financial inclusion#financial services

Strong growth forecast for Philippines‘ SCF market

The Philippines’ supply chain finance market has enormous potential, and is forecast to cover 15 per cent of MSMEs’ cashflow…

#MSME finance#supplier finance#supply chain finance

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