BillEase secures P5 billion for expansion strategy

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May 29, 2025 | 12:00am

MANILA, Philippines —  Digital consumer finance app BillEase has secured P5 billion in funding to expand its lending solutions aimed at boosting financial inclusion among Filipinos.

In a statement,  BillEase said Security Bank Capital Investment Corp. has arranged a P5-billion maiden corporate notes facility. Of the amount, P1.5 billion is coming from parent firm Security Bank Corp.

The fresh funding is expected to help BillEase in its expansion strategy by developing more innovative digital lending solutions.

This is particularly targeted to Filipinos who remain underserved by traditional banking institutions.

“With this facility, we are poised to scale faster, introduce new products and serve millions more Filipinos who deserve better financial options,” BillEase chief finance officer Garret Go said.

Security Bank, for its part, said the support for BillEase is aligned with its goal of empowering businesses and building communities through better financial inclusion.

The partnership likewise underscores both companies’ commitment to drive innovation in fintech and address the credit needs of the expanding digital consumer segment.

The arrangement features Security Bank Capital as the mandated lead arranger, Security Bank Corp. as noteholder and Security Bank Corp.’s Trust and Asset Management Group as facility agent, paying agent, registrar and security trustee.

BillEase offers personal loans, e-wallet top-ups, prepaid load, gaming credits, bill payment and buy now, pay later scheme with competitive interest rates and deals from over 10,000 merchants and over 600,000 QRPh-accepting merchants.