GoTyme Bank and foodpanda have joined forces to empower micro, small, and medium enterprises (MSMEs) within foodpanda’s online food and grocery delivery platform. This collaboration offers partner vendors flexible financing for working capital, providing them the financial boost they need to sustain their businesses.
The loan program directly addresses the
financing challenges faced by MSMEs in today's economic climate, characterized
by rising operational costs and lack of access to funding.
It gives online food delivery entrepreneurs
easy access to capital at competitive interest rates with a simple application
and repayment process. The program also complements foodpanda’s existing
“Negosyo Like a Panda” initiative, which offers business loans to partner
vendors to fuel their business growth.
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Standing: Shern Teo, GoTyme Bank Head of Strategy and Lending, John Kane, GoTyme Capital Asia Head, Jan Mikee Regalario, foodpanda Philippines Fintech Lead, Valerie Alivia, foodpanda Philippines Fintech Manager Sitting: Albert Tinio, GoTyme Bank Co-CEO, Nate Clarke,
GoTyme Bank President and CEO, Leopoldo De Castro Jr., foodpanda Philippines
Finance Director, Shaun Princess Opulencia-Malalad, foodpanda Philippines Head
of Fintech |
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