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Fintech company GCash disbursed over P406 billion in loans to greater than 11.1 million unique borrowers as of the primary quarter of 2026, the vast majority of whom were first-time users of formal credit who can have otherwise turned to loan sharks, in response to its lending arm, Fuse Financing Inc., on Tuesday.<\/p>\n
\u201c<\/span>As of the primary quarter of 2026, we now have safely disbursed over P406 billion in loans, enabling greater than 11.1 million Filipinos to take control of their financial journeys,\u201d Tony Isidro, president and chief executive officer (CEO) of Fuse, said in the course of the premiere of \u201cGCash Stories: Kasama Mo Mangarap\u201d, the sixth installment of the GCash Stories series.<\/p>\n \u201c<\/span>However the statistic we\u2019re most pleased with is that 85% of our borrowers are first-time users of formal credit,\u201d he added.<\/p>\n \u201c<\/span>Because of this together we now have successfully brought tens of millions of unbanked Filipinos right into a secure, regulated, and secure digital ecosystem, offering them a legitimate financial lifeline away from predatory practices similar to abusive rates of interest and the systematic harassment that usually comes with informal borrowing.\u201d<\/p>\n The fintech\u2019s flagship money loan product, GLoan, has been utilized by Filipinos to cover unexpected medical expenses, expand businesses, and finance their studies, Mr. Isidro said.<\/p>\n He also said that GLoan has helped shift the financial landscape by allowing Filipinos to borrow with dignity.<\/p>\n Throughout the premiere of \u201cGCash Stories: Kasama Mo Mangarap\u201d, the corporate highlighted how GLoan can function a partner for Filipinos in pursuing their dreams, whether big or small.<\/p>\n GLoan is among the many suite of lending services offered by GCash. Accessible through the app, it allows users to borrow as much as P150,000, with rates of interest as little as 1.59% per 30 days, while promising a straightforward approval process. \u2014 Edg Adrian A. Eva<\/b><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Tony Isidro, Chief Executive Officer (CEO) of Fuse Financing Inc., the lending arm of GCash. \u2014 EDG EVA Fintech company GCash disbursed over P406 billion in loans to greater than 11.1 million unique borrowers as of the primary quarter of 2026, the vast majority of whom were first-time users of formal credit who can have […]<\/p>\n","protected":false},"author":1,"featured_media":366328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[4106,51848,20582,2434,5069,53857],"class_list":["post-366327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-billion","tag-disbursements","tag-gcash","tag-hit","tag-loan","tag-p406"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t