Consumer finance platform Billease has secured a ₱1-billion credit facility from Philippine National Bank (PNB), adding another major local bank to its funding base as it scales up its lending business. Billease’s first with PNB, the facility uses the Personal Property Security Registry (PPSR),...
Digital lender Billease has committed ₱1 billion in fresh capital to its banking arm, Rural Bank of Sta. Maria-Ilocos Sur (RBSM), as it expands beyond consumer lending and prepares to roll out digital banking products. In a statement on Wednesday, June 10, the company said ₱500 million has...
BillEase, a local digital consumer finance platform, has secured an investment from The Rise Fund, a multi-sector initiative under Texas Pacific Group’s (TPG) global impact investing strategy. In a statement on Tuesday, Sept. 3, BillEase chief Executive Officer Georg Steiger said that this...