South Asialink Finance Corp. (SAFC), a non-bank financial institution, is expanding its lending presence in Northern Mindanao with four new branches, pushing its nationwide network past 100 locations as it targets rising demand for vehicle, business and property financing.
Skyro is taking its digital lending business beyond the Philippines, securing regulatory approval to offer online moneylending in Malaysia as it targets consumers with limited access to traditional credit.
The Department of Trade and Industry (DTI) is deepening its partnership with Philippine Veterans Bank (PVB) to widen financing options for small businesses and electric vehicles (EVs), while pushing digital tools to bring government services closer to entrepreneurs nationwide.
Digital finance platform Skyro is refreshing its brand identity as it moves beyond one-off consumer financing and seeks a larger role in customers’ everyday financial needs, building on its rapid expansion in the Philippines.
The Philippines will adopt India’s Unified Payments Interface (UPI) technology as part of a push to modernize the country’s digital payments system, starting with faster government aid disbursements through Land Bank of the Philippines and potentially extending to cross-border payments.