Philippine lending app JuanHand, Netbank team up to offer business loans

The loans will be tailored to the businesses’ specific needs, the two fintechs said.

Philippine fintech lending app JuanHand has partnered with solutions provider Netbank to offer lending solutions to businesses.

The partnership promises to offer “innovative lending solutions tailored to [businesses] specific needs,” according to a press release.

“Through embedded finance, we’re enabling JuanHand to better serve more underserved Filipinos,” said Amiel de Sotto, head of Lenders at Netbank.

Netbank’s co-founder and CEO David Paulo Dela Paz and De Sotto attended the signing event, alongside figures from FinVolution and WeFund Lending Corp., including the CEO of WeFund Lending Corp., Francisco Mauricio.