Showing posts with label AFC. Show all posts
Showing posts with label AFC. Show all posts

Thursday, August 15, 2024

AFC, Marubeni, and Premium Group Supercharge etomo in the Philippines!

 

Image credit: business.inquirer.net


AND Financing Corporation (AFC), a subsidiary of AND Global, has announced a game-changing alliance with Marubeni Corporation and Premium Group Co., Ltd. to empower etomo, an inclusive digital lending platform.


Strategic Alliance for Growth

This powerhouse partnership aims to turbocharge etomo in the rapidly evolving consumer finance market in the Philippines. AND Global, a fintech innovator headquartered in Singapore with tech roots in Mongolia, is known for promoting financial inclusion across Southeast Asia.


New Capital and Expertise

Marubeni and Premium Group are bringing fresh capital and expertise to the table. This collaboration combines AND Global’s advanced data analytics and fintech solutions, Marubeni’s extensive business networks in the Philippines, and Premium Group’s consumer finance know-how.


Expanding etomo’s Capabilities

The alliance will launch new features for etomo, boosting its presence in the Philippines, expanding its customer base through local partnerships, and enhancing digital financial services. AND Global will power etomo with cutting-edge data analytics and fintech solutions.


Innovative Loan Solutions

etomo currently offers Term Loans and plans to introduce Revolving Loans, providing greater flexibility in monthly payments. These collateral-free, competitive interest loans are designed to help salaried workers and their families manage expenses like medical bills, tuition fees, and utility bills.


CEO’s Vision

Khos-Erdene Baatarkhuu, CEO of AND Global, stated, “etomo’s vision is to become an essential partner to Filipino society by providing innovative financial products and services. Our strategic alliance with Marubeni and Premium Group will help us deliver top-notch financial services and positively impact the lives of the Filipino people. This endorsement by renowned companies proves the value of Mongolian technology on the global stage.


Get ready for a fintech frenzy at Your Ledger!