- BillEase raises Series C funding led by TPG
- The startup offers accessible financial services to underserved Filipinos
- BillEase plans to expand its product offerings and merchant partnerships
From zero to fintech hero
Philippine fintech startup BillEase has successfully closed its Series C funding round, led by TPG’s The Rise Fund.
This achievement places BillEase among an elite group of Philippine startups to reach this funding milestone, joining the ranks of Kumu, Growsari, and Coins.ph.
Democratizing financial access
BillEase aims to address a critical gap in the Philippine financial landscape, where only 18.8% of the population can borrow from formal institutions.
The company offers a streamlined onboarding process, requiring just one valid ID, proof of billing, and proof of income, approval rates reaching 70% instantly.
Expanding horizons
The fresh capital will fuel BillEase’s growth initiatives and product expansion. Users can already access personal loans, e-wallet top-ups, bill payments, and buy-now-pay-later services through the platform.
BillEase boasts partnerships over 10,000 merchants, including Lazada and Philippine Airlines, QR Ph compatibility enables transactions at 600,000 additional locations.
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