Safety Financial institution, one of many nation’s main monetary establishments, has partnered with WeFund Lending Corp., the operator of JuanHand, a number one pure fintech money lending app within the Philippines, to develop entry to monetary providers for Filipinos.
The landmark collaboration was formalized by way of a credit score facility settlement to advertise monetary inclusion and empower people, households, and companies by providing fast and accessible monetary options. The signing occasion introduced collectively key executives from each organizations, together with Safety Financial institution Government Vice President John Cary L. Ong, Assistant Vice-President and Relationship Supervisor Earvin Lucido. Representing Finvolution Group and WeFund Lending Corp. had been Chief Monetary Officer Alexis Xu and Chief Government Officer Francisco “Coco” Mauricio.
“We’re grateful for the chance to be a part of the JuanHand household. We resonate with JuanHand’s imaginative and prescient of 1 household with one coronary heart that offers Filipinos a serving to hand with their monetary wants,” stated John Cary L. Ong, Government Vice-President of Safety Financial institution.
The credit score facility that Safety Financial institution granted will create a extra financially inclusive setting, given the benefit of entry utilizing the JuanHand app and requiring solely primary data and one legitimate ID. Utilizing Finvolution’s proprietary AI, debtors can obtain their loans in lower than 5 minutes, and with out the necessity for collateral nor importing any proof of earnings or billing handle.
“We’re thrilled that Safety Financial institution selected JuanHand as their first fintech lending firm associate. By giving us their belief and confidence, this actually exemplifies Safety Financial institution’s dedication to quickly develop monetary inclusion for all underserved Pinoys. Safety Financial institution’s assist helps fulfill our mission of being a serving to hand for each Juan,” stated Francisco “Coco” Mauricio, President and CEO of WeFund Lending Corp.
JuanHand, operated by WeFund Lending Corp., has disbursed over Php40 billion in loans and has greater than 12 million registered customers. With quick approvals, truthful charges, regulatory compliance, skilled customer support and a user-friendly interface, the model stays a trusted selection for tech-driven monetary options.
Obtain the JuanHand app at Google Playstore or iOS Appstore. For extra data, go to www.juanhand.com.
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