![]() Unlike traditional debit cards and e-wallets, customers do not have to top up before they can purchase online or offline. For consumers, BillEase serves as an alternative to credit/debit cards and e-wallets when shopping online.īillEase customers are given a credit limit which they can use at any of BillEase’s over 500 merchant partners like gadgets retailer Kimstore or Philippine Airlines. Launched in 2017, BillEase provides merchants with installment solutions to boost their conversion rate and average order values by enabling customized installment payment products at checkout. PAL teams up with BillEase to launch Fly Now Pay Later ProgramīillEase expands zero-interest ‘Buy Now Pay Later’ option in PH Our latest round of funding will help us grow at an unprecedented pace, allowing us to further increase financial inclusion in the country.” ![]() “The Philippines is expected to be the fastest-growing e-commerce market in the ASEAN region over the next five years,” said Ritche Weekun, co-founder and CFO, FDFC.”The country is fast becoming a red hot destination for venture investments as large funds start looking beyond Indonesia and this, in turn, is driving the rapid development of the ecosystem. Other investors in the round include Centauri, a joint investment vehicle of Telkom Indonesia’s MDI Ventures and KB Investment and backer of Kredivo, 33 Capital from Singapore, and Tamaz Georgadze, CEO and co-founder of European fintech unicorn Raisin DS, Europe’s leading marketplace for online deposits and investments. The Series B round is led by BurdaPrincipal Investments, the growth capital arm of German media and tech company Hubert Burda Media and a backer of Carsome, Ninja Van, and Zilingo, among others. (FDFC), the fresh investments will be used to accelerate BillEase’s customer growth, enhance and develop new products, and attract top talent. Operated by fintech firm First Digital Finance Corp. ![]() Pictured, from left: Huyen Nguyen, Georg Steiger, and Ritche WeekunīillEase, a card-free Buy Now Pay Later (BNPL) platform in the Philippines, just secured $11 million on fresh equity in the Series B round funding. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |