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Billease injects ₱500 million capital into its banking arm, ₱1 Billion committed by year-end

by Contributor
written by Contributor

MANILA, Philippines — Billease, one of the Philippines’ leading consumer finance and buy-now-pay-later platforms, today announced that it has injected ₱500 million in fresh capital into its banking arm, the Rural Bank of Sta. Maria – Ilocos Sur (RBSM), with a further ₱500 million committed by year-end, bringing the total infusion to ₱1 billion and the bank’s total capitalization to more than ₱1 billion.

The investment marks the second phase of Billease’s growth strategy, building regulated banking services on top of its digital lending platform, and supports the Bangko Sentral ng Pilipinas’ (BSP) recent move towards digi-centric rural banks.

The capital injection underscores Billease’s commitment to launching banking services. Since acquiring the bank, management has undertaken a comprehensive transformation: establishing proper governance committees, strengthening risk and compliance processes, and modernizing core systems and platforms, all in preparation for the launch of digi-centric banking products.

The capital will be deployed across three priorities:

  • Core system modernization. End-to-end transformation of the bank’s infrastructure to enable scalable, digital-first banking operations.
  • Capital strengthening and governance. Reinforcing the bank’s capital base and governance framework in line with BSP regulatory standards.
  • Product innovation. Accelerating the launch of next-generation digital banking products, expanding beyond consumer credit into savings, deposits, and a fuller suite of inclusive financial services.

Built on a strong, profitable digital lending business

The investment is funded from a position of strength. On an audited consolidated basis, Billease grew FY2025 revenue by more than 80% to ₱9.3 billion and delivered net profit of ₱840 million, its third consecutive year of profitability, a rare milestone in a global sector where many peers remain unprofitable. The consumer loan portfolio grew by more than 75% year-on-year to approximately ₱11.9 billion, and the platform onboards more than 100,000 new customers every month. To date, Billease has disbursed ₱130 billion in loans.

“We are deeply encouraged by this strong vote of confidence at a pivotal moment in our transformation,” said Dennis Valdes, president and CEO of the bank. “We are in the midst of a comprehensive upgrade of our core systems as we prepare to launch our banking services. This capital provides the foundation to accelerate the rollout of new products that build on the Billease group’s promise of fast, safe and reliable financial access for millions more Filipinos.”

“We have built a strong, profitable digital lending business, but our customers need more than credit,” said Georg Steiger, co-founder and CEO of Billease. “The bank gives us the foundation to serve them better, with savings, deposits and a fuller set of everyday financial services. We are investing deliberately in governance, systems, and processes because a strong foundation is what allows us to scale responsibly. With the initial ₱500 million complete and the balance committed by year-end, we are fully on track with our roadmap.”

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Business

How Filipinos are using Buy Now, Pay Later: Billease leads the charge

by Joel Escovilla
written by Joel Escovilla

THE BUY Now, Pay Later (BNPL) market in the Philippines is booming. According to Statista, the country’s BNPL transaction value is projected to reach ₱45 billion by 2026, growing at an annual rate of over 20%. This surge reflects how Filipinos are embracing flexible financing to manage everyday expenses and big-ticket purchases.

At the forefront of this movement is Billease, one of the fastest-growing BNPL platforms in Southeast Asia. Since its launch in 2017, Billease has served over 1.5 million users and partnered with more than 20,000 merchants nationwide, including Lazada, Agoda, Kimstore, and Anson’s.

How Filipinos are using Billease

Online shopping  

  • 60% of Billease users finance gadgets, appliances, and lifestyle items. The platform’s instant approval and 0% interest promos make it ideal for e-commerce purchases.

Travel and experiences  

  • With partners like Philippine Airlines and Agoda, Billease enables Filipinos to book flights and hotels now and pay later, helping boost domestic tourism.

Bills and utilities  

  • Around 25% of Billease transactions go toward paying bills for Globe, Smart, Meralco, and other essential services.

Daily essentials  

  • Billease supports payments for groceries, mobile load, and e-wallet top-ups (GCash, Maya, GrabPay), helping families manage monthly budgets.

Empowering financial inclusion

According to the Bangko Sentral ng Pilipinas, only 27% of Filipino adults have credit cards, leaving millions underserved by traditional banking. Billease bridges this gap by offering accessible, transparent, and responsible financing, empowering consumers to build credit history while enjoying financial flexibility.

Billease’s CEO and co-founder, Georg Steiger, notes: “Our mission is to make financial services simple, fair, and accessible for every Filipino. BNPL is not just about convenience, it’s about inclusion.”

Responsible use and consumer education

Billease actively promotes financial literacy through its #EaseIntoSummerMoney campaign, educating users on budgeting and responsible borrowing. The company’s transparency policy ensures no hidden fees and clear repayment terms under the Truth in Lending Act.

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Business

Billease offers fresh start for customers who fell behind on payments

by Contributor
written by Contributor

MANILA — Leading consumer finance app Billease has launched its Bagong Simula Promo (Christmas Amnesty 2025), a nationwide campaign giving eligible customers a chance to start over by removing accumulated penalties on overdue accounts.

Running until Dec. 31, 2025 the initiative offers a 100% waiver on late fees for qualified customers who fully repay their principal, interest, and regular charges during the campaign period. The program is expected to benefit over one million customers, covering an estimated amount worth billions of pesos in waived penalties.

“We understand that many Filipinos have faced financial challenges over the past years. This campaign is our way of helping customers make a fresh start, free from the weight of accumulated fees,” said Georg Steiger, CEO and co-founder of Billease. “By removing these barriers, we aim to rebuild trust, improve repayment recovery, and re-engage customers who want to restore their financial standing.”

With the Bagong Simula Program, Billease helps customers with long-overdue accounts get back on track and enjoy a new beginning. Customers will receive an official notice through email, push notification, or in-app message containing a unique offer code. By visiting billease.ph and completing their payment, all accumulated penalties will be automatically waived, no manual processing needed.

Beyond clearing past dues, Bagong Simula also helps customers rebuild their financial standing. Settling overdue accounts can positively impact their credit record and future credit score growth. Customers seeking assistance may reach out via the Billease in-app chat or email info@billease.ph for further support.

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Business

Payrex taps Billease to bring buy now, pay later to Philippine merchants

by Contributor
written by Contributor

MANILA, Philippines – Payment gateway startup Payrex is teaming up with Billease, one of the Philippines’ fastest-growing Buy Now, Pay Later (BNPL) platforms, to make flexible payment options available to thousands of online and offline merchants through a single API integration.

The partnership lets merchants using Payrex instantly activate Billease at checkout, giving consumers access to installment-based payments while helping small businesses boost conversions and average order value.

Edwin Lacierda, co-founder and CEO of Payrex: “Our goal has always been to make payments simple for developers and accessible for businesses of any size. With Billease built right into our platform, we’re giving merchants the ability to offer flexible credit at scale – no heavy lifting required.”

Payrex, founded to make payment infrastructure more developer-friendly, has quickly positioned itself as the go-to gateway for startups and SMEs that want to launch payment experiences without complex compliance or integrations. Billease, operated by First Digital Finance Corporation (FDFC), is the country’s leading BNPL service with millions of active users and a growing network of merchants across retail, electronics, and lifestyle.

Kurt Molina, head of POS Product at Billease: “This partnership brings the best of both worlds – Payrex’s simple payment stack and Billease’s trusted consumer credit engine. It’s a frictionless way for merchants to capture more sales and for customers to pay how they want.”

The BNPL market in Southeast Asia continues to accelerate, driven by young, digital-first consumers and the region’s booming e-commerce growth. By embedding Billease directly into its payment rails, Payrex is betting on flexibility as the new default for how Filipinos shop online.

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Business

Billease unlocks everyday credit with new pay later and installment conversion features

by Contributor
written by Contributor

MANILA, Philippines – Billease, the Philippines’ fastest-growing consumer finance app, announced a major expansion of its platform: an Everyday Spend Credit that allows customers to use their Billease credit line for daily purchases through Scan to Pay by QRPh and Tap and Pay thru NFC transactions. Filipino consumers can pay with Billease almost anywhere, then choose to either settle on their next payday at zero interest and zero fees or convert purchases into manageable installments anytime before their due date. 

Billease is reshaping how Filipinos pay for everyday essentials, eliminating tedious top-ups and hidden charges from traditional credit lines. With a flexible credit line that works wherever you shop, Billease makes payments simple, transparent, and worry-free, with no guesswork, no conversion fees, and no fees for new installments.

“Since we rolled out QRPh support in 2024, our customers have been able to use Billease anywhere QRPh is accepted,” said Georg Steiger, CEO and Co-founder of Billease. “Now, we’re taking it further with Pay Later flexibility.”

With Billease, you can pay for groceries, fuel, or dinner with a quick scan or tap, then decide how to settle the bill. Clear it on your next payday at zero interest, or convert only the transactions you choose into monthly payments, picking how long you want to spread them out. You’re charged interest only on the balance you keep, giving you more control and helping you finish faster.

This simple, transparent approach turns everyday spending into something smarter, letting millions of Filipinos enjoy flexible credit without the hassle of constant wallet top-ups or tight card terms.

“Billease is evolving beyond buy now, pay later,” added Kurt Molina, Head of POS Products at Billease. “We’re creating a credit experience that’s as universal as a card but more transparent and customer-centric. Customers can pay later with zero interest or convert any purchase into installments, keeping full control over how they manage their cash flow.”

How It Works

  • Use Your Credit Anywhere – Accepted at over 600,000 merchants nationwide via QRPh and at tap-and-pay online stores and terminals all over the Philippines.
  • Pay Later with No Fee or Interest – Settle your purchases by your next payday and pay zero interest or fees.
  • Split Purchases into Installments – Turn any transaction into easy monthly payments. The conversion feature is affordable with interest priced below most competitors. 
  • Double flexibility – You pay only for money you used – The converted installments are annuity-based that allow prepayments and full repayment free of charge, automatically, at any time so customers can save on interest if you want to pay their loan faster. You’ll only pay interest on your remaining balance, so as you pay, you save.

This launch underscores Billease’s commitment to democratizing access to credit. By removing traditional barriers such as lengthy approvals, hidden charges, and limited merchant acceptance, Billease continues to build financial tools that fit seamlessly into the daily lives of Filipino consumers.

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