The agreement sees the integration of the digital lending platform’s services inside the digital wallet of the Palawan Group of Companies, enabling its customers to take a Digido loan at their own convenience.
Metro Manila, Philippines | February 2025 — Digido announces that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies.
The partnership sees the integration of the digital lending platform’s services inside the PalawanPay application, enabling its customers to take a Digido loan.
PalawanPay users can utilize their Digido loans for digital transactions and QR Ph-accepting merchants, as well as being able to conveniently repay their loans through their account.
Customized advertisements from Digido will be rolled out in the Palawan Group of Companies’ vast network of Palawan Pawnshop branches as a result of the agreement.
Digido offers fair loans up to PHP 6,000 for first-time borrowers, along with a standard Personal Loan up to PHP 25,000 for repeat clients.
PalawanPay has successfully solidified its position as one of the fastest-growing digital wallet apps in the Philippines, delighting over 20 million users.
Commenting on the partnership, Digido Finance Corp. president Aleksei Kosenko said: “This landmark partnership reflects the synergy of both companies’ products and our aligned goal in promoting financial inclusion through access to safe and trusted digital financial services. We are incredibly excited to embark on this endeavor with PalawanPay and are looking forward to serving more Filipinos with our credit services.”
PalawanPay president and CEO Third Librea added: “Anchored in PGC’s thrust to foster financial inclusion among Filipinos, we at PalawanPay are very keen to kick off this partnership with Digido. I can’t wait to see more of our kababayan enjoy reliable digital financial services.”
Services under the Digido platform are financed by Digido Finance Corp. with SEC Registration No. 202003056 and Certificate of Authority No. 1272.
Digido’s trusted services have been lauded by the Global Retail Banking Innovation Awards, International Finance Awards, World Business Outlook Awards, International Business Magazine Awards, Pan Finance Awards, The Global Economics Awards, the Global Banking & Finance Review and the Global Financial Market Review. ###
