Cashalo Lending App Launches in the Philippines

Ciara Alarcon
Cashalo – a financial services app – has officially launched in the Philippines to offer an affordable and secure credit for millions of underbanked consumers and MSMEs.

Cashalo Lending App Launches in the Philippines
Cashalo Lending App Launches in the Philippines

The Cashalo app eyes to give consumers access to: multiple purpose-based financing options; a paperless service, collateral –free, and available 24/7 via mobile device; lowest interest rates (non-bank) on the market without hidden fees for as low as 3.95%; real-time credit-scoring; choice of repayment schedule; and approval in as fast as 10 minutes.

“We are excited to unlock greater financial freedom and opportunity for millions of Filipinos and micro entrepreneurs. We share a common mission with the BSP in accelerating financial inclusion in the Philippines. As a Filipino company, we take great pride and responsibility in developing products to achieve that goal,” Hamilton Angluben, General Manager of Cashalo, addressed.

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Through Cashalo, one can loan as small as Php1,500 with just one valid ID needed. The Cashalo app is now available for download on Google Play and the Apple Store. To learn more, visit

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