CashXpress Loans from the Philippines Return to PeerBerry Platform

Investment platform PeerBerry reported that it will be listing CashXpress loans from the Philippines again.

CashXpress will reportedly “offer double guaranteed 180 days term loans with a 12% ROI.”

PeerBerry pointed out that you may review “the term and the loan type of CashXpress loans, and make sure to include CashXpress in your Auto Invest strategies if the offer of this company meets your investment strategy.”

Arūnas Lekavičius, CEO of PeerBerry, stated:

“We started cooperation with CashXpress from the Philippines last October. The lender has demonstrated a good development trend and discipline in repayments of loans to our investors. However, due to the war in Ukraine, the development of our smaller business partners, including CashXpress, has been postponed, temporarily focusing only on matured and profitable companies.”

He added:

“For half a year, CashXpress operated on a passive mode, using only its own funds to issue loans. Our partners as a group of companies operate stably and profitably, therefore, CashXpress in the Philippines is increasing its business volumes again” 

The Fintech company CashXpress (legal name CashXpress South-East Asia Lending Inc.) is “a joint venture of Aventus Group and Gofingo Group.”

CashXpress is “the online lending platform in the Philippines that provides an easy, advanced, and fast way to get credit to local clients at their fingertips through mobile or pc connectivity.”

The approval can be “finalized in a few minutes, and the borrower can get funds in his/her account in no time.”

The company was “founded 3 years ago – in March 2019.” Currently, the CashXpress loan portfolio “amounts to EUR 624 000.” CashXpress has 30 employees.

The company’s website: www.cashxpress.ph/.

In another update, it was noted that PeerBerry has launched “a dark-mode version of the app.”

Up to now, “only a light-mode version has been available to Android and iOS users.” The dark-mode version “was long-awaited by the part of PeerBerry app users, so [they] expect that now [their] application will be attractive to even more investors.”

FOr more details, check here.

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