Here's UnoAsia! They're the Singapore-based parent company of the Philippines' Uno Digital Bank. They've just banked a fresh $11M Pre-Series A.

• In the Philippines, only 10% borrow from the formal sector.
• They are one of six digital banks to receive digital banking licenses in the Philippines.

Investor check. Creador led the round.

• Big-time commitment. Creador has invested a total of $21M into UnoAsia across rounds, making them their largest investor.
• They've raised $44.5M since they were founded in 2020.

‍

🤑 Let's talk money

On their app, you can do all things money. Save, access loans and credit (with flexible repayments to boot), track your finances and make investments!

One card to rule them all. Get a single Mastercard linked to everything —savings, credit, and all other transactions.

• You'll get a virtual debit card immediately.

Don't panic; it's dynamic. Enjoy high interest rates and pre-approved dynamic credit lines (basically, your credit limit is flexible and can move up/down).

• Dynamic algorithms they use can help push interest rates for savings up.

Data, data, data. The products, credit lines and offerings you'll see in-app are custom-fit for you.

‍

💥 What's next?

With the new $$$, they'll be prepping for the launch of Uno Digital Bank.

• Future plans? Set up digital banks across South Asia and Southeast Asia.

The big picture. Especially with digital banks, the Philippine central bank hopes to bring 70% of the population into the formal banking system and see 50% of transactions shift online by next year.