Indonesian P2P lending platform Investree expands to the Philippines

Composite image showing the Investree Philippines team, with CEO Kok Chuan Lim at center. ©Investree

With local partner Filinvest Development Corporation, Investree Philippines will support the country’s SMEs with its lending-based crowdfunding platform

Indonesian P2P lending and investment platform Investree has secured a license to operate a crowdlending platform in the Philippines.  It will provide invoice and purchase order financing to support the country’s SMEs.According to a press release on January 15, Investree Philippines is the first P2P crowdlending platform to receive an operating license in the Philippines since new Rules and Regulations Covering Crowdfunding took effect in July 2019. Investree Philippines is a joint venture between Investree Singapore and the Filinvest Development Corporation (FDC), a publicly listed...
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Edited by S. Mani

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