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Fintech startup AsiaKredit is expanding its footprint with the launch of pera247 solution in the Philippines. Aimed squarely at the country’s underbanked population, the company claims that pera247 (www.pera247.ph) will offer unsecured small-ticket, short-term consumer loans for up to 90 days through a mobile wallet.
Loans are approved following what the company claims is the shortest real-time credit decision by ‘by any platform on the market’ using big...