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News

GoBear, UnionBank launch Lending-as-a-Service partnership in the Philippines

Thursday 6 August 2020 10:52 CET | News

GoBear, Asia’s financial services and data platform and UnionBank of the Philippines (UnionBank), a digital bank in Southeast Asia, have launched a Lending-as-a-Service (LaaS) partnership in the Philippines. 

This comes on the heels of GoBear’s recent acquisition of AsiaKredit in May 2020 to drive growth through digital lending. 

Under the partnership, GoBear and UnionBank will offer ecommerce loans on Lazada Philippines through GoBear’s eShopaLoan loan product, allowing consumers to purchase items in installments. eShopaLoan is available on GoBear’s pera247 mobile app, which can be found on the Lazada website or in the Google Play Store. 

 


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Keywords: GoBear, UnionBank, Lending-as-a-Service, partnership, Philippines
Categories: Banking & Fintech
Companies:
Countries: Philippines
This article is part of category

Banking & Fintech

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