WeFund Lending Corp., operator of the JuanHand online lending application, has secured a multi-million peso credit facility with HSBC in the Philippines to expand financial access for underserved yet creditworthy Filipinos.
It said it would deploy the proceeds to strengthen financial inclusion by providing immediate and sustainable access to financing for individuals with limited or no credit history.
The collaboration represents a significant milestone in bridging traditional banking and fintech, demonstrating how collaboration between established financial institutions and agile digital lenders can create scalable and sustainable solutions for inclusive economic growth.
WeFund has disbursed over P85 billion in loans to more than 20 million registered users. Recognized as one of the Philippines’ leading fintech cash lending apps, JuanHand provides fast and reliable access to funds, approving and disbursing loans in under 5 minutes.
The company maintains a strong focus on fair interest rates, regulatory compliance, and customer-centric service.
WeFund Lending Corp. and JuanHand president and chief executive Francisco Mauricio said the facility would extend the company’s reach.
“This credit facility will enable us to extend our reach and impact, ensuring that millions of Filipinos, particularly those historically underserved, can gain access to responsible credit. Empowering individuals through financial inclusion is at the core of what we do, and this collaboration marks a meaningful step toward that goal,” Mauricio said.
