FEdCenter, an umbrella association of finance teachers and students known for promoting financial knowledge teamed up with JuanHand, an online cash lending platform to launch an app-based education platform to increase financial literacy by making it fun, rewarding and convenient.
JuanHand, with over 24 million downloads and over P21 billion worth of loans disbursed, has become the preferred online cash lender of the undeserved who are seeking reliable, fair and quick financial solutions.
It has been instrumental in expanding financial inclusion in the Philippines and now wants to serve the country more by democratizing financial literacy.
FEdCenter aims to assist JuanHand by providing engaging content in the soon-to-be-launched financial literacy platform and by promoting its use through their other partners such as the Junior Confederation of Finance Associations – Philippines (JCFAP) and the Finance Educators Association (Fin.Ed). JCFAP and Fin.ED are composed of 16,000 individuals from over 160 universities and organizations in the country.
The partnership started in January 2024, which was expected to revolutionize not only financial literacy in the country but also transform the fintech landscape across the nation. The partnership signing was held on April 21, 2024 during the National Finance Summit in Le Pavillon Pasay.
This marks a significant milestone in the history of both companies, as a testament to their dedication to financial literacy and inclusion.