MANILA -- As the Southeast Asian digital economy expands beyond online shopping, a host of startups are using financial technology to give the unbanked Filipino majority access to loans from individual and institutional lenders.
Startups
Fintech startups throw financial lifeline to Philippines' unbanked
Technology opens new doors in country where 80% can't access banks
A rice grower tends a field in the shadow of Mount Mayon in the Philippines. Peer-to-peer lending platform Cropital is trying to connect farmers in need of financing to potential lenders. © Reuters
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