Advance
Curated by SignalFintech platform offering employer-based payday loans for financial wellness.
Overview
Advance operates within the fintech sector by offering through-employer payday loans, partnering with businesses to provide employees with access to short-term credit solutions. This model allows workers to borrow against their upcoming paychecks, addressing immediate financial needs while ensuring repayment through payroll deductions. Targeting businesses and employees in Southeast Asia, Advance's products include credit solutions and lines of credit, which aim to enhance financial wellness and resilience. By providing accessible financing options without collateral requirements, Advance addresses cash flow disruptions and promotes job satisfaction and productivity among employees. Their mission emphasizes responsible finance access, contributing to overall financial stability.
Key facts
- Founded
- 2018
- Headquarters
- Taguig, Philippines
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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Contact
- Primary office
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