Tagged: Creador

IFC Targets Philippine MSMEs with $130m Loan to Asialink

September 3, 2024 @ 11:05 pm By Michael Wong |

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to $130 million in Asialink Finance Corp, a prominent lender to small and medium enterprises (SMEs) in the Philippines. The financing package, aimed at bolstering Asialink’s lending… Read More

Read more in: Asia | Tagged Asialink Finance, Creador, digital lending, financing, ifc, Philippines, sme lending

Philippines: SME Lender Asialink Receives $71m from PE Firm Creador

June 9, 2024 @ 5:44 pm By Michael Wong |

Asialink Finance Corp, a provider of financial solutions to small and medium enterprises (SMEs) in the Philippines, has announced secured P4 billion (about $71 million) from Malaysian private equity firm Creador. This strategic infusion of funds will see Creador acquiring an 18% stake in Asialink,… Read More

Read more in: Asia, Fintech | Tagged Asialink, Creador, online lending, Philippines, private equity, sme lending