GCash: Empowering MSMES through fair credit

GCash, the Philippines’ leading financial super app, took center stage at the Singapore FinTech Festival (SFF) 2024 – sharing with its global audience how the company empowers and uplifts the lives of Filipino small business owners, such as the unbanked wet market vendor and the aspiring furniture-maker, by providing access to fair and sustainable credit.

- RICA DELFINADO

In a panel discussion titled “Safeguarding the Economy’s Backbone: Accelerating Global SME Financing through Digital Services, GCash president and CEO Martha Sazon, together with an influential panel of global leaders led by Amazon VP of payments for emerging markets Mahendra Nerurkar, Ant International president Doug Feagin, Rwanda Minister of ICT and Innovation Paula Ingabire and National Bank of Cambodia governor Serey Chea, discussed how digital solutions can break down barriers for micro, small and medium enterprises (MSMEs), driving sustainable economic growth not just in the Philippines, but worldwide.

In a country where loan sharks thrive and MSMEs dominate the business landscape, Sazon said that access to fair lending is vital in helping the Philippines attain a sustainable and inclusive economic growth.