Digido and PalawanPay Partner to Strengthen Financial Inclusion

Digido, a leading digital lending platform, has entered into a strategic partnership with PalawanPay, the digital wallet of the Palawan Group of Companies. This landmark agreement will integrate Digido’s lending services within the PalawanPay application, making it easier than ever for Filipinos to access convenient and affordable credit.

Under this partnership, PalawanPay users can now seamlessly apply for and receive Digido loans directly through the PalawanPay app. These loans can be used for various digital transactions, including QR Ph payments, while loan repayments can be conveniently made through their PalawanPay accounts.

To further enhance this collaboration, customized advertisements for Digido will be displayed across the Palawan Group of Companies’ extensive network of Palawan Pawnshop branches.

Digido offers fair loans up to PHP 6,000 for first-time borrowers and up to PHP 25,000 for repeat clients.

PalawanPay, with over 20 million users, has solidified its position as one of the fastest-growing digital wallet apps in the Philippines.

Aleksei Kosenko, President of Digido Finance Corp., commented, “This partnership reflects the synergy between our companies and our shared goal of promoting financial inclusion through access to safe and trusted digital financial services. We are thrilled to embark on this endeavor with PalawanPay and are looking forward to serving more Filipinos with our credit services.”

Third Librea, President and CEO of PalawanPay, added, “Anchored in PGC’s thrust to foster financial inclusion among Filipinos, we at PalawanPay are very keen to kick off this partnership with Digido. I can’t wait to see more of our kababayan enjoy reliable digital financial services.”

About Digido

Digido believes that every hard-working Filipino deserves access to convenient and secure financial tools. Through our mobile app and official website, we offer instant and transparent financing solutions for the underbanked and underserved consumers of the country, empowering them to participate in the formal digital ecosystem, strengthen their financial well-being, and achieve their personal goals faster and easier.

Services under the Digido platform are financed by Digido Finance Corp. with SEC Registration No. 202003056 and Certificate of Authority No. 1272.

Digido’s trusted services have been recognized by esteemed institutions globally, including the Global Retail Banking Innovation Awards, International Finance Awards, World Business Outlook Awards, International Business Magazine Awards, Pan Finance Awards, The Global Economics Awards, the Global Banking & Finance Review, and the Global Financial Market Review.

About The Palawan Group of Companies

The Palawan Group of Companies encompasses a diverse range of products and services, including Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay. A trusted brand for nearly four decades, PGC is one of the fastest-growing financial institutions in the Philippines. With over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide, the company is a market leader in the industry.

Palawan Group of Companies offers a wide array of services, encompassing pawning, domestic and international remittances, microinsurance, bills payment, mobile phone loading, cash-in and cash-out of e-wallets, money exchange, ATM withdrawal, and cash disbursements. The company also caters to investment needs by selling jewelry and gold bars.

PalawanPay, the company’s innovative digital wallet app, empowers users to send and receive remittances anytime, anywhere. In addition to remittances, the app provides access to other financial services, including bills payments, mobile load top-ups, and scan-to-pay QR Ph codes. The app also features integrated functionality for pawn renewal, purchasing jewelry and gold items, ProtekTODO personal insurance, and claiming international remittances.

Palawan Group of Companies is supervised by the Bangko Sentral ng Pilipinas.

For more information, visit any Palawan Pawnshop branch or the PalawanPay Website.