How Philippine Fintech Closed the Lending Gap for 500,000 Small Businesses in 18 Months
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By Q2 2026, alternative lenders and digital banks in the Philippines had approved over PHP 187 billion in loans to small businesses that traditional banks rejected five years earlier - up from less than PHP 9 billion disbursed through the same channels in 2020 (Source: BSP, 2026). The credit gap that once left 87% of Filipino MSMEs financially underserved is closing fast, and the closing is happening on a phone screen. The Numbers Behind the Lending Surge The Bangko Sentral ng Pilipinas now…
1Key Takeaways
- By Q2 2026, alternative lenders and digital banks in the Philippines had approved over PHP 187 billion in loans to small businesses that traditional banks rejected five years earlier - up from less than PHP 9 billion disbursed through the same channels in 2020 (Source: BSP, 2026).
- The credit gap that once left 87% of Filipino MSMEs financially underserved is closing fast, and the closing is happening on a phone screen.
- The Numbers Behind the Lending Surge The Bangko Sentral ng Pilipinas now….
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3Why it matters
Coding AI shifts how fast software ships and how much human review each change needs. DEV — ML reports that by Q2 2026, alternative lenders and digital banks in the Philippines had approved over PHP 187 billion in loans to small businesses that traditional banks rejected five years earlier - up from less than PHP 9 billion disbursed through the same channels in 2020 (Source: BSP, 2026).
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