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Manila Bulletin·3 min read·medium

JuanHand pushes ₱1-trillion lending spree as bank credit slows down

M
Manila Bulletin Newsroom
JuanHand pushes ₱1-trillion lending spree as bank credit slows down
AI Summary

Digital lender JuanHand has introduced a 'top-up' loan feature that allows users to borrow additional funds within their credit limit without settling existing debts. The company, a subsidiary of FinVolution Group, uses AI-driven underwriting to approve these loans in minutes.

Why it matters

This shift in micro-lending models highlights the growing reliance on digital credit and AI-based financial services in the Philippines.

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Manila Bulletin - JuanHand pushes ₱1-trillion lending spree as bank credit slows down

JuanHand pushes ₱1-trillion lending spree as bank credit slows down

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