Get your new wheels with Maybank via Lendr!

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

Get your new wheels with Maybank via Lendr!

Maybank Auto Loan is now available on Lendr

Borrowers can now conveniently apply for an auto loan with Maybank through FINTQ’s award-winning digital lending platform, Lendr.

“With Maybank now live in Lendr, our customers have more choices for their financing needs. Our fast, secure and reliable platforms are here to help our bank partners like Maybank extend their reach and further grow their business,” said FINTQ Managing Director Lito Villanueva.

For his part, Maybank Philippines President and CEO Choong Wai Hong said: “Joining the Lendr platform is essential in the digitisation of our business. This allows us to move faster and provide convenience to our customers when applying for auto loans.”

Mr. Choong further added: “Being present in Lendr also helps us increase our reach in the country, and appeal more to the fast-growing market of young and digital-savvy.”

Maybank Philippines is the first bank to open a 24/7 branch in the country. It is the a local unit of Malaysia’s largest lender and part of the Maybank Group, the fourth largest bank in terms of assets in Southeast Asia.

To apply for a Maybank Auto Loan via Lendr is easy. All you have to do is go to the Lendr website (www.lendr.com.ph) or download the Lendr app (for Android users), and create an account. Once you have your account, visit the Lendr loans marketplace, choose Auto Loan. Complete all needed information and Lendr will show the details of your Maybank Auto Loan application. To proceed, complete the application form, attach all required supporting documents and click Submit. To know more, visit www.lendr.com.ph.

Lendr is the country’s first 24/7 digital loans marketplace developed by FINTQnologies Corp. FINTQ, the financial technology arm of Voyager Innovations. It has received multiple awards including the Consumer Finance Product of the Year from the Asian Banker and the most recent Most Innovative Partnership Strategy award from Telecom Asia in Singapore. To know more, visit www.lendr.com.ph.

FINTQnologies Corp. is the leader and award-winning financial technology provider of customer-centric, demand-driven, mobile-first, value-creating, and inclusive digital financial innovations. It is the largest and the only fintech business in the country with diverse digital banking and finance portfolio of platforms including lending, security, micro-savings, micro-investments, insurance, disbursements, micro-credit and virtual banking, among others. FINTQ was named by the Bangko Sentral ng Pilipinas as its 2018 Outstanding Partner for Financial Inclusion for its initiatives to accelerate the inclusion of Filipinos in the financial mainstream through the platforms it builds. For more information about FINTQ and all of its products and services, please visit www.fintq.com.

Maybank Philippines is a member of the Maybank Group, Malaysia’s regional financial services leader with an international network of over 2,200 offices in 20 countries. The Group offers an extensive range of products and services, which includes commercial banking, investment banking, Islamic banking, stock broking, insurance, and takaful and asset management. Over 44,000 Maybankers are serving more than 22 million customers worldwide. In the Philippines, MPI has 74 branches nationwide, of which 30 are in Metro Manila and the rest are strategically locally located in key cities of Luzon, Visayas, Mindanao.

FINTQ’s KasamaKA continues to gain strong momentum in municipalities

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

The League of Municipalities of the Philippines issued Resolution No. 02 declaring its support for KasamaKA as the official financial inclusion and social advocacy program of all 1,489 municipalities in the country. Holding the resolution are League of Municipalities of the Philippines Fe Villar Brondial (third from right); FINTQ Managing Director and KasamaKA Founder and Lead Convenor Lito Villanueva (second from left). They are joined by FINTQ Ecosystem Build and Activation Lead Butch Garcia (right most) and National Executive Committee members of the League of Municipalities of the Philippines.

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

Moncada Tarlac issues Resolution No. 35, adopting KasamaKA. (In photo) FINTQ Managing Director and KasamaKA Founder and Lead Convenor Lito Villanueva (left) receives the resolution declaring KasamaKA as the official inclusion and social advocacy program of Moncada from Mayor Estelita M. Aquino (right).

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

San Pedro, Laguna shows support for KasamaKA. (In photo) FINTQ Ecosystem Build and Activation Lead Butch Garcia (fourth from left) receives the resolution declaring KasamaKA as the official inclusion and social advocacy program of San Pedro, Laguna from City Mayor Lourdes S. Cataquiza.

FINTQ’s KasamaKA continues to gain strong momentum in municipalities

Over 70% of adult population signs up with KasamaKa during its financial inclusion caravans in towns

KasamaKA, FINTQ’s initiative to bridge the gap between the unbanked and financial services, received overwhelming response from two first class municipalities, manifesting that there is still a huge untapped market for financial institutions.

“Almost 70% of the total adult population of Moncada, Tarlac and San Pedro, Laguna signed up to be a KasamaKA member when our caravan visited the two towns. This high take up rate from two first class municipalities is very telling that access to financial services still remains a challenge. Many Filipinos, even those living in areas with a reported high income level still have limited or no access to financial services and are in search for additional household income,” said Lito Villanueva, FINTQ Managing Director and KasamaKA Founder and Lead Convenor.

Bangko Sentral ng Pilipinas’ latest Consumer Finance Survey Report shows that majority of households or 86% remains to be unbanked or excluded in the financial mainstream.

KasamaKA recently held a roadshow in Davao attended by members of the League of Municipalities of the Philippines and financial inclusion caravans in Moncada, Tarlac and San Pedro, Laguna. During the said events, the League of Municipalities–composed of 1,489 members– and the two first class municipalities issued their respective resolutions declaring KasamaKA as their official inclusion and social advocacy programs. The move is in line with the resolutions separately issued by the League of Provinces of the Philippines and the Liga ng mga Barangay sa Pilipinas, adopting KasamaKA in 81 provinces and over 42,000 barangays across the country, respectively. The Senate of the Philippines also recently adopted Resolution No. 107 filed by Senator Paolo Benigno “Bam” Aquino IV. The Senate resolution seeks to steer Filipinos away from informal lenders by giving them access to reasonable cost of credit and introducing them to a complete suite of digital financial services.

The KasamaKA caravan visited Moncada, Tarlac in May and San Pedro, Laguna in June to encourage all residents to join the financial inclusion initiative that will provide them quick and easy access to financial services and additional household income as they encourage more residents to join the program.

“Through financial inclusion initiatives such as KasamaKA, building of digital platforms, and partnerships with the government and private financial institutions, we aim to reduce the number of unbanked Filipinos,” Villanueva said.

“The League of Municipalities of the Philippines knew from the very start that financial inclusion can make direct, substantial, and meaningful impact when municipalities are at the core of the development strategy. As partner, we affirm our belief that KasamaKA has the most potential in making sure the 60 million Filipinos residing in the country’s 1,489 municipalities are given access to affordable financial services. Sa KasamaKA, walang maiiwan,” said Hon. Fe Villar Brondial, League of Municipalities of the Philippines President and Socorro, Oriental Mindoro Mayor.

For her part, Moncada Mayor Estelita M. Aquino said: “Majority of our constituents want to start and open their savings account or avail of a bank loan, but they do not know how. But now with KasamaKA, this can be done. With a small amount, they can easily open a savings account and they can apply for a loan whenever and wherever they are as long as they have their cellphone.”

Meanwhile, for City of San Pedro, Laguna Mayor Lourdes S. Cataquiza, she said: “With KasamaKA, all entrepreneurs in San Pedro now have better access to a capital to grow their existing business. Being introduced to KasamaKA will certainly help our residents to improve their way of living as it provides easier access to financing and offers additional income for those who will become a KasamaKA income builder. Through the program, they will also learn the value of money and be introduced and have access to different financial products such as savings, loans, and microinsurance.”

Through KasamaKA, Filipinos will now have access to a savings account for a minimal fee, microinsurance, and loans simply with the use of their mobile phones. KasamaKA is a grassroots-based, self-help, and digital-enabled social intervention and last mile solution to promote financial literacy and inclusive growth. It champions sachet financial services for unbanked and underserved Filipinos through platforms and services for digital lending and microinsurance. With partners, it will also make available microsavings, microinvestments, alternative credit scoring, eKYC, and a farm-to-marketplace digital agricultural value chain platform called Accelerated Growth and Rural Inclusion or AGRI.

Becoming part of KasamaKA is easy. One can become a member and get rewards by simply texting KKK to 29292 or by registering at www.kasamaka.com to start referring friends, families.

FINTQnologies Corp. is the leader and award-winning financial technology provider of customer-centric, demand-driven, mobile-first, value-creating, and inclusive digital financial innovations. It is the largest and the only fintech business in the country with diverse digital banking and finance portfolio of platforms including lending, security, micro-savings, micro-investments, insurance, disbursements, micro-credit and virtual banking, among others. FINTQ was named by the Bangko Sentral ng Pilipinas as its 2018 Outstanding Partner for Financial Inclusion for its initiatives to accelerate the inclusion of Filipinos in the financial mainstream through the platforms it builds. For more information about FINTQ and all of its products and services, please visit www.fintq.com.

Tala Philippines further expands reach via Lendr

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

TALA PHILIPPINES FURTHER EXPANDS REACH VIA LENDR. In photo (from left) Tala Philippines People Operations Manager Katherine Antunez , FINTQ Managing Director Lito Villanueva, Tala Philippines Director and President Angelo Madrid.

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

TALA PHILIPPINES AGGRESSIVELY PURSUES LOCAL MARKET VIA LENDR. In photo (from left) Tala Philippines People Operations Manager Katherine Antunez , FINTQ Managing Director Lito Villanueva, Tala Philippines Director and President Angelo Madrid.

Tala, one of the fastest growing fintech startups in the world, joins online lending platform Lendr of FINTQnologies Corp. (FINTQ), aiming to provide access to financial services to underserved Filipinos.

This partnership allows Tala to reach more unbanked and underserved Filipinos and extend credit to a larger market segment.

“Lendr is a channel that will allow us to extend credit to a market that is underserved by traditional financial institutions. On the Lendr platform, Tala will provide fast, reliable loans to Filipinos who want to start or to grow their business, support their families, or fund personal or emergency expenses,” said Angelo Madrid, Tala Philippines Country Manager.

FINTQ Managing Director Lito Villanueva said: “We are grateful that a company like Tala joined Lendr. This synergy ensures we will be able to provide financial services to the grassroots and reach our goal of including more Filipinos in the formal financial system.”

FINTQ, the financial technology arm of PLDT and Smart’s Voyager Innovations, along with PayMaya aims to include 30 million Filipinos in the formal financial system by 2020. This is in strong support of the Bangko Sentral ng Pilipinas’ National Strategy for Financial Inclusion and President Rodrigo Roa Duterte’s initiative of reducing poverty incidence in the country.

Applying for a Tala loan via Lendr is easy. Prospective borrowers simply need to visit www.lendr.com.ph and create an account. Complete the application process by following the online prompts, then click ‘Submit.’ You will receive an SMS with the link to the Tala app, which you need to download to complete the application process with Tala. Eligible individuals can borrow Php1,000 to Php10,000, payable in weekly installments of up to four weeks. Tala approves and releases loans within one business day.

Lendr is the country’s first 24/7 digital loans marketplace developed by FINTQnologies Corp. FINTQ, the financial technology arm of Voyager Innovations. It has received multiple awards including the Consumer Finance Product of the Year from the Asian Banker and the most recent Most Innovative Partnership Strategy award from Telecom Asia in Singapore. To know more, visit www.lendr.com.ph.

FINTQnologies Corp. is the leader and award-winning financial technology provider of customer-centric, demand-driven, mobile-first, value-creating, and inclusive digital financial innovations. It is the largest and the only fintech business in the country with diverse digital banking and finance portfolio of platforms including lending, security, micro-savings, micro-investments, insurance, disbursements, micro-credit and virtual banking, among others. For more information about FINTQ and all of its products and services, please visit www.fintq.com.

Tala is the leading mobile technology and data science company committed to financial inclusion globally. More than 1.4 million people have borrowed through Tala’s smartphone app, which provides instant credit scoring, lending, and other personalized financial services in emerging markets. Tala has raised $109 million from leading venture and impact investors including Revolution, IVP, Ribbit Capital, Data Collective, and Lowercase Capital. Tala is headquartered in Santa Monica with additional offices in Nairobi, Manila, Dar Es Salaam, Mexico City, Mumbai, and Bangalore. Visit www.tala.co to learn more.

FINTQ named Outstanding Partner for Financial Inclusion by the BSP

Strengthening financial inclusion in barangays. Liga ng mga Barangay sa Pilipinas officials turns over the National Executive Board Resolution adopting KasamaKA as the official financial inclusion program in barangays to Voyager Innovations executives. In photo (L-R) LNB Press Relations Officer Marlon Manalo; LNB NCR Regional Chapter President Ricardo Corpuz; PLDT, Smart, Voyager Innovations and PayMaya Philippines Chairman Manuel V. Pangilinan; LNB President Atty. Edmund Abesamis; and FINTQ Managing Director Lito Villanueva.

FINTQnologies, Corp. (FINTQ), the financial technology arm of Voyager Innovations, was recognized by the Bangko Sentral ng Pilipinas (BSP) as this year’s Outstanding Financial Inclusion Partner for its efforts to accelerate inclusive digital finance across millions of underserved and unbanked Filipinos in the country.

FINTQ is the first financial technology (FinTech) company to receive such recognition during BSP’s 25th foundation anniversary. The BSP Stakeholders’ Awards is already on its 15th year, giving recognition to institutional partners who have continuously supported the BSP’s statistical initiatives, information requirements, advocacy programs, as well as the effective delivery of its function.

Receiving the award are Voyager Innovations President and CEO Orlando Vea and FINTQ Managing Director Lito Villanueva. The award is handed to the institution that has supported the BSP in serving the unbanked and underbanked sectors of the country through its own innovations and programs.

FINTQ, together with various stakeholder partners, launched the KasamaKA program in September 2017 at the BSP Head Office. It is a grassroots-based, bottom-up and multi-sectoral initiative that aims to bridge the gap between the unbanked population and financial services through technology such as microsavings, microinsurance, microinvestments, and loans.

FINTQ is one of the pioneering FinTechs in the country, having introduced various digital platforms such as the award-winning digital lending platform Lendr, the country’s largest with the most extensive digital footprint covering all 81 provinces nationwide. To date, Lendr has now disbursed almost P35 billion since it was launched in 2015 with around 100 bank and non-bank partners.

Other prestigious institutions nominated for the award are multilateral agencies Asian Development Bank and the World Bank Group.

“We are truly honored to receive this award from the BSP. Through KasamaKA, we are committed to accelerate the financial inclusion journey to help shift majority of Filipinos from being unbanked to semi-banked to banked. We continue to help intensify the BSP’s efforts to bring more individuals in the financial mainstream through digital banking platforms that are bridging financial institutions to every Filipino through our ‘sachet’ or ‘tingi’ strategy,” said Lito Villanueva, FINTQ Managing Director and KasamaKA Founder and Lead Convenor.

“For the BSP to implement its strategic direction, there is a need to sustain a win-win dynamic synergy between the BSP and you, our partners. It is only when we collaborate and cooperate, together we can achieve a balance, sustainable, and inclusive growth in the Philippine economy,” said BSP Governor Nestor A. Espenilla Jr. in a speech delivered by BSP Deputy Governor Cyd Tuano-Amador during the event.

“Financial inclusion in the country can only be achieved if we all work together. We are proud to be a partner of the Bangko Sentral for this initiative. FINTQ, together with the rest of Voyager, continues our concerted effort to close the digital divide and strengthen financial inclusion in the country through our platforms,” said Orlando B. Vea, president and CEO of FINTQ and Voyager Innovations.

Together with FINTQ, Voyager’s digital payments arm PayMaya Philippines is pushing for financial inclusion and targets to enable 30 million Filipinos with digital financial services by 2020.