Financial technology leader Billease has tapped Security Bank Capital Investment Corporation to arrange its first-ever corporate notes facility of up to PHP 5 billion, marking a significant milestone in the company’s growth journey. Parent firm Security Bank Corporation is taking a lead role in the initiative with a PHP 1.5 billion participation.
The funding will support Billease’s aggressive expansion plans and accelerate its mission to provide accessible, inclusive, and affordable financial services to more Filipinos across the archipelago. With the added capital, Billease is poised to roll out innovative digital lending solutions that address the needs of millions still underserved by traditional banks, in support of the Philippines’ financial inclusion goals.
“Partnering with Security Bank Corporation is a major step forward in our journey to build a more financially inclusive future,” said Georg Steiger, CEO and co-founder of Billease.
“This facility enables us to scale faster, launch new products, and reach millions more who deserve better access to financial tools,” added Garret Go, Billease’s Chief Finance Officer.
Under the arrangement, Security Bank Capital serves as Mandated Lead Arranger, with Security Bank Corporation as Noteholder. Its Trust and Asset Management Group will act as Facility Agent, Paying Agent, Registrar, and Security Trustee—a structure that reflects the group’s ongoing support for Billease since its early days in the fintech space.
“We are proud to support Billease—a pioneer in digital consumer finance—through this landmark financing,” said John Cary Ong, EVP and Head of Wholesale Banking at Security Bank.
“This partnership furthers our commitment to empowering businesses and advancing financial inclusion for underserved communities. Billease’s digital capabilities will complement our BetterBanking efforts for the mass market.”
Virgilio Chua, President and CEO of Security Bank Capital, added:
“It is an honor to have arranged this facility for Billease. Supporting platforms like theirs allows us to unlock new opportunities for millions of Filipinos while helping shape a more inclusive financial system.”
The collaboration reflects a shared commitment between Billease and the Security Bank Group to drive fintech innovation and respond to the evolving needs of the country’s growing digital consumer segment.
