Security Bank, one of the country’s leading financial institutions, has partnered with WeFund Lending Corp., operator of JuanHand, a leading pure fintech money lending app in the Philippines, to expand access to financial services for Filipinos expand.
The groundbreaking partnership was formalized through a credit facility agreement to promote financial inclusion and empower individuals, families and businesses by offering fast and accessible financial solutions. The signing event brought together key executives from both organizations, including Security Bank Executive Vice President John Cary L. Ong and Assistant Vice President and Relationship Manager Earvin Lucido. The representatives of Finvolution Group and WeFund Lending Corp. were Chief Financial Officer Alexis Xu and Chief Executive Officer Francisco “Coco” Mauricio.
“We are grateful for the opportunity to be part of the JuanHand family. We resonate with JuanHand’s vision of one family with one heart lending a helping hand to Filipinos in their financial needs,” said John Cary L. Ong, Executive Vice President of Security Bank.
The credit facility extended by Security Bank will create a more financially inclusive environment given the ease of access through the JuanHand app and requiring only basic information and one valid ID. Using Finvolution’s proprietary AI, borrowers can receive their loans in less than 5 minutes, and without the need for collateral, nor uploading proof of income or billing address.
“We are thrilled that Security Bank has chosen JuanHand as their first fintech lending partner. By giving us their trust, this truly exemplifies Security Bank’s commitment to rapidly expanding financial inclusion for all underserved Pinoys. Security Bank’s support helps fulfill our mission of being a helping hand to every Juan,” said Francisco “Coco” Mauricio, president and CEO of WeFund Lending Corp.
JuanHand, operated by WeFund Lending Corp., has disbursed more than Php40 billion in loans and has more than 12 million registered users. With fast approvals, fair rates, regulatory compliance, professional customer service and an easy-to-use interface, the brand remains a trusted choice for technology-driven financial solutions.
Download the JuanHand app at Google Play Store or iOS App Store. For more information, visit www.juanhand.com.
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