Billease Taps Security Bank Capital for PHP 5-Billion Notes Facility to Accelerate Digital Lending in the Philippines

Billease, a top fintech company in the Philippines, has partnered with Security Bank Capital Investment Corporation to arrange its maiden PHP 5 billion corporate notes facility.

This strategic move is set to significantly enhance Billease's capacity to deliver accessible, inclusive, and affordable financial services nationwide.

As part of the arrangement, Security Bank Corporation, the parent firm of Security Bank Capital, will participate in the facility with a PHP 1.5 billion investment—a strong vote of confidence in Billease’s vision for digital financial inclusion.

Expanding Access to Affordable Credit for Millions

This new funding will support Billease’s growth strategy, enabling it to reach more underserved Filipinos, especially those without access to traditional banking services. By leveraging the expanded capital, Billease aims to innovate and scale its digital lending platform, helping bridge the financial gap in the country’s vast archipelago.

"This partnership with Security Bank marks a significant milestone for Billease as we strive to make financial services more inclusive," said Georg Steiger, CEO and co-founder of Billease.

"With this facility, we can introduce more innovative lending solutions and serve millions more Filipinos who deserve better financial options," added Garret Go, CFO of Billease.

Security Bank Group’s Full Support and Commitment

• Under the financing structure:
• Security Bank Capital serves as the Mandated Lead Arranger.
• Security Bank Corporation is the Noteholder.

Trust and Asset Management Group of Security Bank Corporation acts as Facility Agent, Paying Agent, Registrar, and Security Trustee.

This comprehensive support reflects the Security Bank Group’s long-term commitment to Billease, dating back to the fintech company’s early days.

"We are proud to back Billease through this milestone facility," said John Cary Ong, EVP and Head of Wholesale Banking at Security Bank.

"Our mission to build sustainable communities and promote financial inclusion is perfectly aligned with Billease’s digital-first approach."

Virgilio Chua, President and CEO of Security Bank Capital, also shared:

"Being the Mandated Lead Arranger for Billease is an honor. This facility empowers innovative platforms like Billease to unlock new opportunities and build a more inclusive financial ecosystem for Filipinos."

A Shared Vision for Financial Inclusion Through Innovation

This partnership between Billease and the Security Bank Group underscores a shared commitment to innovation and financial empowerment. As the Philippine digital economy continues to grow, initiatives like this play a critical role in addressing the credit needs of the mass market and fostering a financially inclusive society.