Cashalo earns international acclaim for financial inclusion innovation

Cashalo, the leading fintech platform providing millions of unbanked and underserved Filipinos greater access to purpose-built financial services, was recognized for offering the “Most Innovative Fintech Products” at the International Finance Awards (IFA) 2019. IFA is the awards program of International Finance, a premier business and finance magazine published in the United Kingdom, acknowledging industry talent, leadership skills, industry net worth and capability on an international platform. Since its launch in 2018, Cashalo has been driving financial inclusion by using next-generation technology to create inclusive, reliable and secure digital credit offerings that respond to the needs of the market.  Recently, the brand introduced Pay with Cashalo, a cutting edge and consumer-friendly digital credit payment solution offering an alternative to cash and traditional credit. The solution enables underserved Filipinos to purchase products for home or business improvement, including airline tickets online, from any of its 600 partner merchants and pay in installments even without a credit card. To date, Cashalo has gained over 6 million downloads with over two million customers served nationwide.