Netbank Inc., a leading rural bank, is working with JuanHand, a pure fintech lending application, to broaden its reach to unbanked and underserved communities across the nation.
The collaboration between the two fintech firms aims to help Filipinos of all ages achieve their goals and finance businesses by providing innovative lending solutions tailored to their specific needs.
“Through embedded finance, we’re enabling JuanHand to better serve more underserved Filipinos,” said Amiel de Sotto, head of lenders at Netbank.
“Our goal is to empower partners like JuanHand to scale faster and deliver financial services directly to those who need them the most,” he said.
JuanHand, operated by WeFund Lending Corp., disbursed over P40 billion ($700 million) in loans and has more than 12 million users. The app is known for its fast approval process, minimal requirements, and user-friendly interface. JuanHand’s innovation, compliance, and accessibility to customer service have earned it recognition as the leading loan app in the country.
“We are delighted that Netbank chose JuanHand to be its lending partner,” said Francisco Mauricio, president and chief executive of WeFund Lending Corp.
“This partnership will benefit millions of Filipinos and provide financial assistance anytime and anywhere they need it. With Netbank, we will continue to break through boundaries and serve every Juan without limits,” said Mauricio.
JuanHand describes itself as a trusted financial partner, offering accessible, educational, and reliable support to Filipinos nationwide. With a commitment to financial education and data security, JuanHand says it provides financial assistance when Filipinos need it most.
