Fintech Startup Jungle Secures Philippine Lending License
Updated: Oct 22, 2020
Jungle, a purchase lending startup in the Philippines secured its lending license from the Securities and Exchange Commission.
With its new status as a duly licensed lending company, Jungle will now be able to operate in the Philippines and start providing purchase loans to Filipino consumers in just a matter of days.
The company will also continue to pursue partnerships with the country's top brands and retailers in different verticals such as consumer electronics, home appliances & furniture, dental & medical, travel, education, sporting goods, apparel, and many more.
The company takes pride in being able to provide a fully digital purchase lending experience for both consumers and merchants as well as its competitive rates for borrowers by removing fees and other charges.