Skyro, one of the fastest-growing financial technology companies in the country, said it teamed up with PalawanPay, a leading all-in-one financial app trusted by 20 million Filipinos for services like money transfers, bill payments and e-load top-ups.
Under the partnership, PalawanPay users can now easily apply for a Skyro cash loan directly within the app. Once approved, the loan of up to P250,000 will be credited to their PalawanPay e-wallet, with flexible monthly payments of up to 12 months, ready to use for their financial goals or projects.
“We’re grateful for our partnership with PalawanPay as this will allow more Filipinos to meet their financial goals through Skyro’s cash loans. Whether they’re looking to start a home improvement project, a business, or purchase an essential item, this is now made easier through the Skyro cash loan available on the PalawanPay app” said Alexander Lelyanov, Skyro head of direct sales.
Third Librea, chief executive of PalawanPay said the alliance with Skyro would empower more Filipinos, especially the unbanked and underserved: “We hope that our partnership with Skyro will help Filipinos achieve their financial goals or needs by making these financial products and services accessible to them,” he said.