Billease is a loan app that offers installment loans for online purchases. Its merchant partners include local and international brands. In addition, it offers reloadable credit that can be used to pay bills or load mobile phones. Its interest rate is competitive and its credit limit can be increased with each successful repayment.

TendoPay

TendoPay is an installment payment platform that enables users to buy more online without breaking the bank. The company offers a range of credit products including a 0% interest purchasing plan, emergency cash loan, personal finance management tool and a virtual card. Founded by Kacper Marcinkowski, Kamil Charazka, Timothee Grassin and Jan Walczak, TendoPay is based in Warsaw, Poland. The company is financed by institutional investors and private equity firms.

Once you have signed up, you can choose how much you want to borrow and how often you’d like to make repayments. You can also set up reminders to make sure you pay your debt on time. TendoPay will send you a confirmation message once your application has been approved. It will then transfer the money to your bank account within a few hours (for small loans) or up to 1 business day for larger loans.

The credit limit will vary depending on your application and income, but once you’ve made regular, on-time payments, your limit will increase over time. If you fail to repay the debt by the due date, TendoPay will charge you a late fee.

Applicant/User/Active User consents to the recording of all telephone conversations with TendoPay and its employees, regardless of who initiates the call. The recordings may be used for training, quality assurance, and to comply with the applicable laws.

Moneycat Philippines

Moneycat Philippines offers a fast and convenient online loan application process, minimal requirements, and a variety of payment options. It also provides a safe environment for its users. Unlike many other online lending apps, it does not charge an application processing fee or require a minimum credit score. However, it does charge a late payment fee and compounding interest on unpaid loans.

To apply for a moneycat loan, you must be a Philippine citizen between 20 and 60 years old and have a stable source of income. You must also have a valid ID card and upload an authenticated photo to complete the application. The company will then verify your information and send you an authentication code to ensure that the information is accurate. The loan amount will be deposited into your bank account as soon as your application is approved.

If you are unable to repay your loan on https://loansforall.org/lemon-loan/ time, you should contact MoneyCat Philippines’ customer support to ask about the possibility of loan extensions. While the company’s policies and procedures vary, they should be able to accommodate most customers. The company’s customer service team will work to resolve your issues as quickly as possible. They will also inform you of any additional fees that may be charged. Additionally, you can choose to pay off your loan through over-the-counter transactions at specific locations, such as remittance outlets or money-changers.

Plentina

Plentina is a credit solution for people in the Philippines who need money to buy daily necessities. They can use the app to purchase items at partner merchants and pay them back in installments. This allows them to avoid debt and build a better financial history. Moreover, they can get a higher credit limit over time through good repayments. The company also provides a customer service team that can help them with their needs.

Plentina was co-founded by Kevin Gabayan and Earl Valencia, who have extensive experience in machine learning. Gabayan was a data scientist at Bump Technologies and Google, while Valencia has led digital transformation at Charles Schwab. The duo has developed an Android app that uses alternative credit scores to gauge a loan applicant’s creditworthiness. It uses consumer data from alternate sources, such as retail loyalty programs and mobile data with user permission.

The app has launched in the Philippines and is available for free on smartphones. It offers a range of features, including a spend credit limit that can grow over time with good repayments and the ability to make payments through electronic wallets. In addition, the app allows users to use their credit balance for other purchases, such as e-commerce, food delivery, and travel services.

Plentina has raised over $5 million in three rounds from investors such as Western Union, Techstars Ventures, and TMV. It currently has a waitlist of more than 20 brands.

Akulaku

The e-commerce financing platform Akulaku allows users to pay for products through installments without a credit card. The platform’s Buy Now Pay Later (BNPL) service has been shown to increase sales data and customer shopping frequency. In addition to providing convenient financial solutions, the company has made a commitment to local business empowerment and financial education.

The company’s mobile-first model enables it to reach a wide audience in Southeast Asia. Earlier this year, it raised $100 million from Thailand’s Siam Commercial Bank. The funding will enable the company to expand its business and accelerate growth in 2022.

Founded in 2016, Akulaku offers a range of digital finance and payment solutions to its users in Indonesia. The company’s BNPL solution helps individuals with limited credit history to access a line of credit and purchase goods at partner merchants. The company is also focusing on expanding its operations in other markets.

In addition to its Buy Now Pay Later service, Akulaku also provides other services such as digital banking and peer-to-peer lending. The company has raised more than $765 million in total funding from investors such as HSBC, Mitsubishi UFJ Financial Group, and Siam Commercial Bank. It competes with companies such as Oriente, Pace Enterprise, and Kredivo. The CB Insights Intelligence Unit provides analyst expertise and in-depth private company data to help you make confident decisions about technology spaces.