Fintech

BillEase raises Series C led by TPG

September 6, 2024

Meet BillEase! This Philippine fintech startup just raised a Series C.

  • They’re one of few startups in the Philippines to hit Series C, joining companies like Kumu, Growsari, and Coins.ph.
  • Only 18.8% of people in the Philippines are reportedly able to borrow money from a formal financial institution or money provider

Investor check. TPG’s The Rise Fund is leading the round. Existing investor Burda Principal Investment is also joining in!

  • The amount raised is hush-hush.

✍🏼 BillEase-y signup

With just one valid ID, a proof of billing, and a proof of income, you can get started on BillEase.

  • 70% get approved on the spot, while others wait one banking day.

😉 What you get

Access personal loans, e-wallet top-ups, prepaid load, gaming credits, bill payment, and BNPL through them.

  • Tap into competitive interest rates and deals from over 10,000 merchants like Lazada and Philippine Airlines.
  • You can also use BillEase at over 600,000 merchants who accept Philippine QR payments (QR Ph).

💰 What’s with the $$$?

They’ll keep pushing for growth and expanding their product offerings to serve the underserved and underbanked.

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