Advance

📍 Makati, Philippines👥 90 employees💰 Last funded Mar 2020

Advance is the first salary on-demand provider in the Philippines. We extend financial services to employees by way of their employers to improve engagement, financial wellness, and enrich a company’s core benefits program. Unlike traditional lending institutions, Advance doesn’t subject borrowers to debt they can’t handle. We issue short-term, multipurpose salary advances to all eligible employees without the fixed long tenors or high minimum loan amounts. The application process is all online and takes seconds, and disbursement is instant upon approval, making Advance the perfect solution for employees looking to bridge their cashflow needs. Advance is a registered and licensed entity, and operates at the highest standards. We make sure our rates our competitive – up to 90% less than other online or predatory lenders. We maintain full transparency and don’t require any collateral.

Total investors

Early stage

Mid stage

Late stage

—

Founded