Security Bank, a prominent financial entity in the nation, has teamed up with WeFund Lending Corp., the operator of JuanHand, a leading pure fintech cash lending application in the Philippines, to enhance the availability of financial services for Filipinos.
This significant partnership was solidified through a credit facility arrangement aimed at bolstering financial inclusion and empowering individuals, households, and enterprises by providing rapid and easily accessible financial solutions. The signing ceremony featured key leaders from both organizations, including Security Bank Executive Vice President John Cary L. Ong, Assistant Vice President and Relationship Manager Earvin Lucido. From Finvolution Group and WeFund Lending Corp., Chief Financial Officer Alexis Xu and Chief Executive Officer Francisco “Coco” Mauricio were present.
“We are thankful for the opportunity to join the JuanHand family. We align with JuanHand’s mission of one family with one spirit that offers Filipinos support for their financial requirements,” remarked John Cary L. Ong, Executive Vice President of Security Bank.
The credit facility provided by Security Bank will foster a more inclusive financial landscape, facilitated by the convenient access offered by the JuanHand app which necessitates only basic information and a single valid ID. Leveraging Finvolution’s exclusive AI technology, borrowers can secure their loans in under 5 minutes, without the necessity for collateral or the submission of income proof or billing addresses.
“We are excited that Security Bank has selected JuanHand as their inaugural fintech lending partner. Their trust and confidence indeed showcase Security Bank’s dedication to swiftly enhancing financial inclusion for all underserved Filipinos. Security Bank’s backing helps realize our vision of being a supportive hand for every Juan,” stated Francisco “Coco” Mauricio, President and CEO of WeFund Lending Corp.
JuanHand, managed by WeFund Lending Corp., has distributed over Php40 billion in loans and caters to more than 12 million registered users. With quick approvals, competitive rates, adherence to regulations, professional customer service, and a friendly interface, the brand remains a reliable choice for technology-driven financial solutions.
Download the JuanHand application at Google Playstore or iOS Appstore. For further details, visit www.juanhand.com.
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