UnionDigital Bank (UD), the online banking division of Union Bank of the Philippines; and JuanHand, the nation’s foremost pure fintech cash lending application, have formed a partnership to swiftly enhance access to credit for the underserved populations in the Philippines.
The collaboration between these prominent industry players facilitates immediate availability of funds for qualifying Filipinos, particularly for those with minimal or no credit background. By merging UD’s state-of-the-art digital banking framework with WeFund’s fintech lending proficiency, the alliance seeks to lay the groundwork for increased financial inclusion.
“At UD, our dedication to financial inclusion encompasses more than merely granting access; it focuses on empowering Filipinos to enhance their lives and reach their fullest capabilities. From the outset, we’ve concentrated on extending credit to individuals who previously had restricted access to financial resources,” stated Danilo “Bong” Mojica II, President and CEO of UD. “Today, we’re not undertaking this mission in isolation. With JuanHand as our ally, we are elevating our initiatives to new heights, collaborating to provide trustworthy and inclusive financial offerings for everyone.”
WeFund Lending Corp., the operator of JuanHand, has allocated over P40 billion in loans to more than 12 million registered users. Renowned for its swift loan approvals and minimal prerequisites, JuanHand prioritizes equitable interest rates, professional customer care, and an intuitive interface, establishing itself as the favored option for tech-oriented financial solutions.
“We take pride in being UD’s inaugural fintech cash lending partner,” commented Francisco “Coco” Mauricio, President and CEO of WeFund Lending Corp. “This partnership enhances our capacity to assist millions of underserved yet creditworthy Filipinos. Gaining access to credit transcends mere loans; it’s about promoting financial empowerment that leads to holistic prosperity. With UnionDigital’s backing, we are turning this vision into a reality.”
Transformative financial technology generates a meaningful impact for all, particularly for those in greatest need. Together, UnionDigital Bank and WeFund are crafting a future where every Filipino has the chance to achieve stability and success.
Acquire the JuanHand app at Google Playstore or iOS Appstore. For additional details, visit www.juanhand.com.
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