Fuse Financing Inc., the lending arm of local fintech giant Mynt, reported a 65 percent surge in loan disbursements last year, leveraging its proprietary credit-scoring model to reach millions of unbanked borrowers.

Fuse claimed in a statement released on Monday, Feb. 9, that total disbursements reached ₱362 billion by the end of December, up from approximately ₱219.4 billion the previous year.

The growth was supported by a borrower base that expanded to 10.5 million individuals, all of whom were vetted through GScore, a trust-based rating system that bypasses traditional collateral requirements.

Last week, Fuse sealed its partnership with the Manila-based Asian Development Bank (ADB) for a $30 million credit facility (approximately ₱1.75 billion) to accelerate access to credit for micro, small, and medium enterprises (MSMEs).

Suhail Khan, ADB director for private-sector financial institutions, said the multimillion-dollar credit facility is designed as the foundation for a multi-year partnership rather than a standalone transaction.

This supports Fuse’s aspiration to topple the predatory, informal “5-6” lending market that has long dominated the local economy.

Meanwhile, GCash’s investment platform GStocks Ph grew its customer base by 65 percent to 1.7 million in 2025, up from just over a million in 2024.

GCash’s new initial public offering (IPO) Subscription feature enables thousands to participate in a recent Philippine IPO, with orders exceeding the available shares.

GInsure, its insurance platform, sold 132.6 million policies in 2025—almost triple 2024’s total—driven by a 45 percent increase in users to 20.6 million.

Mynt strengthened its core payments and lending businesses in 2025, delivering healthy year-on-year growth. Its attributable equity earnings to Globe reached $103.7 million (around ₱6.1 billion), up 64 percent from the previous year, the firm said.

As the company’s momentum gains balance, Mynt President and CEO Martha Sazon said the company is “doubling down on expanding financial access to the masses through everyday payments, fair lending, and inclusive wealth and insurance products.”