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-Manila Bulletin onAugust 24

Cashalo has developed eight learning modules that cover basic financial concepts like budgeting, money management and credit. It also offers training on the responsible and efficient use of financing for microentrepreneurs to start and grow their small businesses. Financial technology (fintech) platform Cashalo has rolled out “Cash Academy,” a national financial literacy program that aims to develop a “more financially knowledgeable, responsible and empowered” generation of Filipinos.

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-Philippine Daily Inquirer onAugust 19

Cashalo has developed eight learning modules that cover basic financial concepts like budgeting, money management and credit. It also offers training on the responsible and efficient use of financing for microentrepreneurs to start and grow their small businesses. Financial technology (fintech) platform Cashalo has rolled out “Cash Academy,” a national financial literacy program that aims to develop a “more financially knowledgeable, responsible and empowered” generation of Filipinos.

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-GMA Network onAugust 20

‘Cash Academy’ comprises of eight free learning modules and training resources aimed at delivering a holistic and practical overview of sound financial management. These cover concepts like budgeting, money management, and credit through a short video series accessible on both YouTube and their dedicated microsite.

After finishing the modules, visitors take a localized version of the World Bank’s seven-point financial literacy quiz, gauging their basic understanding of the topics covered and awarding them a digital certification for completing the course. Cashalo hopes to establish in the near future this certification as a formally recognized means to increase one’s credit score.

‘Cash Academy’ also offers training on responsible and efficient use of financing for micro-entrepreneurs to start and grow their small businesses.

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-Philippine Daily Inquirer onAugust 21

Financial technology company Cashalo launched on Tuesday a new digital borrowing platform to tap the vast number of Filipinos unable to access formal sources of credit.

Cashalo, an app that was launched last year and had at least 1.5 million users, introduced Pay with Cashalo, which combined the ease of making purchases via credit cards but without the tough requirements that had kept their domestic market penetration rate low.

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-Business World onJuly 18

Cashalo General Manager Hamilton C. Angluben said the lending firm ended the first semester with about 1.5 million registered users, greater than one million it earlier targeted. Cashalo also had more than a million financial identities and four million application downloads as of end-June.

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-Business World onAugust 8

‘Cash Academy’ comprises of eight free learning modules and training resources aimed at delivering a holistic and practical overview of sound financial management. These cover concepts like budgeting, money management, and credit through a short video series accessible on both YouTube and their dedicated microsite.

After finishing the modules, visitors take a localized version of the World Bank’s seven-point financial literacy quiz, gauging their basic understanding of the topics covered and awarding them a digital certification for completing the course. Cashalo hopes to establish in the near future this certification as a formally recognized means to increase one’s credit score.

‘Cash Academy’ also offers training on responsible and efficient use of financing for micro-entrepreneurs to start and grow their small businesses.

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-Philippine Star onAugust 18

Leading financial technology platform Cashalo has launched a nationwide financial literacy program aimed at developing a generation that is more financially knowledgeable, responsible, and empowered.

Cashalo said the launch of CashAcademy was  in line with the company’s goal to provide every Filipino with the skills and services needed to be independent and more capable to improve their financial health and unlock economic potential.

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- Philippine Daily Inquirer onJune 20

One year after its launch, the Cashalo app—which uses artificial intelligence, machine learning and antifraud algorithms to analyze a mix of traditional and nontraditional data to score “credit-invisible” people—has been downloaded to over three million phones and served over 1.3 million Filipinos.

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-Philippine Star onJune 24

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.

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-Philippine Daily Inquirer onJuly 8

Fintech start-up Cashalo seeks to usher in more people into the financial system by pilot-testing a “nano-lending” program which offers loans that can be as little as P200 at zero interest. This program is seen to have the potential to exponentially grow Cashalo’s base of borrowers and thus help more people build financial identity in line with financial inclusion efforts.

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- Manila Standard onJune 15, 2019

Launched in May 2018 and designed around the principles of inclusion, responsibility, and transparency, the financial technology firm is committed to improving the lives of Filipinos by empowering them with the tools and knowledge to nurture their financial well-being.

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- The Daily Tribune onJune 13, 2019

The business was launched in May 2018 and designed around the principles of inclusion, responsibility, and transparency, “We are building a new equitable financial services infrastructure that unlocks economic opportunity for millions of unbanked and underserved Filipino consumers and businesses,” explains Angluben.

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- fintechnews.sg onJune 7, 2019

Cashalo joins Fintech Singapore’s list of the 15 most “exciting new ventures” to keep a close eye on this year, as the Filipino fintech sector enters a new phase of innovative development.

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- Business World onMay 28, 2019

“If consumers understand what they can spend, then it’s less likely that they will overspend. This is where Cashalo thrives: helping consumers make regular purchases ‘considered’ purchases, so it becomes easier for consumers to bridge the gap mentally and decide whether they simply ‘want a product’ or ‘need a product and are confident purchasing it,” Hamilton Angluben, Cashalo general manager, was quoted as saying in the statement.

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- The Philippine Daily Inquirer onMay 27, 2019

With this first-of-its-kind preapproval feature, Cashalo said it could empower consumers to plan and manage their finances more responsibly by giving them complete visibility of their working budget in advance alongside the applicable interest rates.

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- primer.com.ph onApril 1, 2019

Fintech industry’s Hamilton Angluben, General Manager of Cashalo, also shared insights as he is in the business of accelerating financial inclusion in the Philippines through loan and credit mobile apps.

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- CNN Philippines onMarch 27, 2019

“At the core of our mission is a long-term commitment to building a financially inclusive society for all Filipinos, especially women and the underserved segments of our society,” said Hamilton Angluben, general manager of Cashalo – a leading mobile fintech platform in the Philippines.

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- Speed Magazine onFebruary 27, 2019

While most people do their shopping online, there’s still a number of Pinoys that prefer the traditional way. Cashacart is an O2O (offline to online) basket financing solution made for the traditional shopper. With this setup, you can access digital credit from as low as 0% via the Cashalo app.

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- backendnews.net onFebruary 16, 2019

Launched just three months ago, Cashacart received positive feedback from consumers who have tried this service. Cashacart caters to every consumer, from millennials to homemakers and young entrepreneurs, with a majority of its consumers experiencing the flexibility of installment loans for the first time.

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- Inquirer.net onFebruary 13, 2019

Mobile app Cashalo, in partnership with Google, will offer eight financial literacy modules to help women in learning financial planning, management, and develop entrepreneurial skills and behavior.

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- Manila Bulletin onFebruary 1, 2019

Digital solutions like Cashalo use mobile platforms and bleeding-edge technologies–artificial intelligence, machine learning, data science, and predictive analytics–as an enabler, to provide not just a strong alternative to credit-assessment but also easy access to affordable credit, effectively on-demand.

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- Esquire Philippines onJanuary 30, 2019

Cashalo’s target market is the unbanked and underserved segment of the population, which is essentially the majority of Filipino adults. To address this, the mobile application is offering three loan products— Cashaloan, CashaQuick, and Cashacart—each more inclusive than the last.

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- Inquirer.net onJanuary 18, 2019

Cashalo furthers its commitment to financial inclusion through its pioneering offline-to-online consumer financing product Cashacart, where users can purchase multiple products through a digital credit line. Inquirer.net interviews General Manager Hamilton Angluben and Head of Sales Gerard Betita.

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- Esquire Philippines onJanuary 15, 2019

Esquire Philippines talked to Hamilton Angluben, the general manager of digital lending firm Cashalo. While he talked about the company’s strategy and the state of fintech in the Philippines, we couldn’t pass up the opportunity to ask an expert for tips on how we can better manage our finances this year.

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- Business World onNovember 29, 2018

In a press briefing on Tuesday, the digital lending firm introduced Cashacart, a basket financing solution which enables clients to borrow between P2,000 and P19,999 to purchase items from Cashalo’s 250 retail partners.

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- Manila Bulletin onNovember 28, 2018

In the Philippines, Oriente formed a joint venture with JG Summit, one of the country’s biggest conglomerates, and rolled out Cashalo, a mobile app that provides small loans to Filipinos. For a loan of between P2,000 ($38) and P5,000, the company’s rates can be 3.95 percent a month, plus 4 percent processing fee.

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- Brand Magazine onNovember 27, 2018

Cashalo, the Filipino fintech company committed to accelerating financial inclusion for all, today announced the launch of Cashacart, the Philippines’ first-ever, O2O (offline to online) basket financing solution.

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- Business World onNovember 20, 2018

As soon as that 13th month pay comes in, it’s easy to throw caution to the wind and ditch that meticulous budget plan you spent all year setting for yourself. Before you know it, harmless window shopping can snowball into an avalanche of debt. Luckily, as with many problems in the modern world, there’s an app (or ten) for that. Here are four tips from the fintech experts at Cashalo on how to get through the holidays with your wallets intact.

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- orangemagazine.ph onNovember 17, 2018

The holiday shopping season has definitely arrived. Along with the festive spirit comes that feeling of anxiety, born out of the need to strike a balance between satisfying your Christmas lists and sticking to a healthy budget. The good news is that by going digital we can all become more responsible holiday shoppers.

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- Newsbytes.ph onOctober 25, 2018

The emerging market for mobile-based micro-lending in the country welcomed yet another player as Cashalo made its formal launch in Makati City on Tuesday, October 23. Cashalo, a mobile lending platform backed by local conglomerate JG Summit and Hong Kong-based tech firm Oriente, has P10 billion as initial lending fund for underbanked consumers and MSMEs in the Philippines.

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- ABS-CBN News onOctober 24, 2018

Cashalo, the Gokongwei group’s financial technology venture, said it was offering mall shoppers without credit cards access to on the spot financing in time for the Christmas shopping rush. Cashacart, on pilot testing in the group’s own Robinsons Malls, allows shoppers to choose items in physical stores and pay for up to P10,000 using the Cashalo app. Installment schemes for up to 24 months are available.

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- The Philippine Star onOctober 24, 2018

Financial technology firm Cashalo launched its stand-alone mobile app as part of its commitment to help boost financial inclusion in the country. The venture intends to deliver access to affordable and secure credit for millions of underbanked Filipino consumers as well as micro, small and medium enterprises (MSMEs) in the Philippines who need access to reliable and trusted financing options.

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- Entrepreneur Philippines onOctober 24, 2018

Fast is an understatement. Unlike banks that often take several days to process a loan, Cashalo can approve a loan as soon as 10 minutes after an individual applies for one. Moreover, two of its products allow for the money to be disbursed to a user’s bank account in 30 minutes after a loan is approved.

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- Philippine News Agency onOctober 24, 2018

Cashalo General Manager Hamilton Angluben stresses the company’s “very aggressive financial literacy campaigns” scheduled for the months and years ahead, in efforts to make borrowers wise and prudent when it comes to saving and investing.

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- Manila Bulletin onOctober 23, 2018

Mobile app Cashalo, a joint venture between JG summit subsidiary and Hong-Kong based Oriente, is scounting for more partners to boost its fintech business and to become one of the biggest in the country.

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- ABS-CBN News onOctober 15, 2018

Cashalo General Manager Hamilton Angluben talks to ANC’s Early Edition about the company’s growth trajectory since it’s beta launch mid this year.

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- Business World onOctober 15, 2018

In an exclusive interview with Business World, Cashalo’s General Manager Hamilton Angluben talks about how the company is in “hyper-growth” mode through its cash loan and consumer loan products.

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- The Daily Tribune onOctober 11, 2018

Cashalo, the Filipino technology and financial services company helping build a more equitable future for Filipinos, is committed to support the Bangko Sentral ng Pilipinas (BSP) in its mission to provide more financial access and choice for underserved communities and MSMEs.

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- Manila Standard onSeptember 8, 2018

Cashalo partnered mobile phone manufacturer Vivo PH and other local and international companies (IMI Global and Philippine Airport Ground Support Solutions, Inc.) to further accelerate financial inclusion for Filipinos.

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- Business Mirror onAugust 15, 2018

Cashalo, the #1 solution that gives Filipinos financial freedom through fast and affordable access to credit on-demand, and GetGo, Cebu Pacific’s lifestyle rewards program, announced today a new partnership that will provide GetGo members with greater flexibility and opportunity while planning their next getaway.

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- crucialperspective.com onJune 8, 2018

John Gokongwei’s JG Summit Holdings Inc has teamed up with Fintech startup Oriente to invest US$200 million in a mobile-based venture that will provide financial services to millions of unbanked Filipinos. Interestingly, it’s also the parent company of Cebu Pacific Air. While the airline’s involvement has not been announced, the joint venture does raise the intriguing possibility of Cashalo tapping into Cebu Pacific Air’s wealth of passenger data.

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- Spot.ph onJune 18, 2018

In the same way that the app provides financial relief to the cash-strapped, the Cashalo office is designed to alleviate its employees of as much stress as possible. “The focus is on increasing the well-being and productivity of its employees”

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- Philstar onJune 14, 2018

Through the platform, proponents aim to enable millions of customers, including those with no credit history, to participate in the global economy by having access to financing.
Geoffrey said the venture targets to have half a million users by the end of the year and 1,000 employees to handle loan verification and processing, among others.

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- Philippine Daily Inquirer onJune 07, 2018

Gokongwei-led JG Summit Holdings and Hong Kong-based global financial services and technology firm Oriente are jointly investing at least P10 billion in rolling out Cashalo, a new mobile lending platform that offers cheaper credit to people who are not served by the formal banking system.

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- Bloomberg onJune 06, 2018

Billionaire John Gokongwei, owner of the Philippines’ largest snack maker and budget airline, and a Skype Inc. founder will invest as much as $200 million over three years to lend to millions of unbanked Filipinos.

The venture, set up last year by Gokongwei’s JG Summit Holdings Inc. and financial-technology startup Oriente, seeks to give credit through a digital platform to Filipinos who often resort to loan sharks because they lack access to formal banking services. Its expansion comes as the central bank encourages emerging technologies to spur financial inclusion in a country where more than 70 percent of adults have no bank accounts.

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- The Philippine Star onJune 07, 2018

A subsidiary of JG Summit Holdings Inc. has formed a joint venture with China-

Gokongwei-owned JG Summit Holdings Inc. and Hong Kong-based Oriente are pouring in P10 billion over the next three years to build and expand the reach of Cashalo, a mobile application that provides on-demand access to loans to Filipinos.
Cashalo, a mobile-first lender, is part of the joint venture of JG Summit subsidiary Express Holdings Inc. and Oriente, which seeks to accelerate financial inclusion in the Philippines by providing loans to the unbanked sectors in the country.

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- Inquirer.net onAugust 01, 2017

Greater China-based Oriente and Express Holdings, Inc. (a subsidiary of JG Summit Holdings, Inc.), through an exclusive partnership, will address the financial exclusion problem of underbanked consumers and MSMEs in the Philippines.

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- Philstar onAugust 02, 2017

A subsidiary of JG Summit Holdings Inc. has formed a joint venture with China-based Oriente to set up a digital financial service company to serve underbanked consumers and micro, small and medium enterprises in the Philippines.

Specifically, the joint venture will put up a marketplace that will enable Filipinos to tap into credit facilities for their financial needs such as tuition, medical expenses or small business.

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