Cashalo has already helped over 1.3 million Filipinos build a financial identity, the company said. It continues to see rapid growth, with the Cashalo app in the phones of more than three million users and counting, said Hamilton Angluben, Cashalo general manager. Cashalo was launched in May 2018, it was designed around the principles of inclusion, responsibility, and transparency. The Cashalo app provides products for underserved and unbanked Filipinos and MSMEs. Through the app, consumers can apply for digital credit and cash loans and receive a decision within minutes through a fast and convenient process.

Source: Philippine Star June 23, 2019 16:01 UTC