To help more Filipinos unlock their financial goals, Fuse and GCash introduced the latest addition to their lending service offerings—GLoan Sakto.MANILA, Philippines — Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s no. 1 finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion.
A GCash study found that nine out of 10 Filipinos need to borrow money, but do not have access to formal lending institutions and banks.To help more Filipinos unlock their financial goals, Fuse and GCash introduced the latest addition to their lending service offerings—GLoan Sakto, a nano-loan product that can jumpstart Filipinos’ access to formal credit.
With a shared mission to foster financial progress for all, GCash and Fuse recognize that digital financial tools and services that enable enterprises big and small to serve their customers and employees are vital for economic growth. Currently, over 94 million users have tried GCash, making it the country’s biggest digital ecosystem.
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