Seedin Technology Inc. (Seedin), Southeast Asia’s leading business financing platform, and CreditBPO Tech Inc., a financial technology company specializing in financial condition rating and benchmarking solutions, have forged a strategic partnership to provide local Small and Medium Enterprises (SMEs) better access to credit.
Under the partnership, local SMEs may get financing through SeedIn’s business financing platform and CreditBPO’s credit scoring system.
“As one of Southeast Asia’s leading Business Financing platform where businesses seeking short-term financing can connect with investors seeking short-term investments, we are committed to supporting budding local SMEs and helping them achieve their business potential through alternative financing. This partnership will also help lower the investment risk of our investors and allow them to maximize the value of their money while contributing to the growth and success of our local SMEs. This is vital for Philippine economic growth. With SeedIn and CreditBPO, we believe both businesses and investors can seek to reach higher potential.” Seedin Technology President & CEO, Anson Uy said.
“Sustainability and financial inclusion have always been at the heart of what we do at CreditBPO. Better access to finance and supply opportunities that is sustainable – aided by an algorithm-generated rating solution infused with an AI-enabled financial assessment technology, to balance prudence and growth – was behind the development of the CreditBPO Rating Report, our Business Intelligence and Benchmarking Solution. We are doubling down on our sustainability mission this 2022 to catalyze lending and procurement opportunities within the Philippine business ecosystem.” CreditBPO Founder & CEO, Lia Francico said.
(L-R): Ms.Lia Francisco, CreditBPO Founder & CEO and Edison Tsai, Executive Partner (SeedIn Technology).
The partnership was formalized through MOA signing, which was held via Zoom last June 9, 2022. The event was attended by SeedIn Technology Executive Director, Edison Tsai, and CreditBPO Founder & CEO, Lia Francisco, along with the members of the two companies including Seedin Credit Risk Officer, Isaiah Trance, Seedin Finance Operations & Compliance Officer, Neil Aldrin Raymundo, Seedin Business Development Officer, Roxanne Regondola, other members of Seedin Business Development team, Kaira De Dios, Bryx Mationg and Xyrelle Labaro, CreditBPO Head of Sales & Marketing, Ed Gamboa, and CreditBPO Event Coordinator, Analyn Petes.
About SeedIn Technology
SeedIn Technology Inc. is Southeast Asia’s leading business financing platform where local businesses seeking short-term financing can connect with individuals and businesses seeking short-term investments. SMEs can achieve their potential through SeedIn’s alternative financing platform by reducing cash-flow gaps and enhancing their capital growth. Businesses can expect a lower cost of credit than other traditional alternative financing companies and a short fund-processing period. For investors, SeedIn provides alternative investments with annualized returns ranging from 5-15% in the form of monthly repayments. The company also provides a platform for investment reviewing and monitoring of crowdfunding projects.
CreditBPO is a financial technology company that aims to be an important partner to Philippine banks and financial institutions, corporations, small and medium enterprises, and the government in our common pursuit of business growth, by leveraging information technology to improve lending, procurement, and accreditation processes, enhance operational efficiency, and strengthen the country’s economy.