Kash Avena
June 27, 2016: Venture capital Future Now Ventures (FNV) has provided a “substantial amount” of funding to local financial tech (fintech) startup LoanSolutions.ph, the largest network of lenders in the Philippines.
FNV chief executive officer, principal investor & advisor John Orrock, said the latest investment has improved the firm’s portfolio of startups engaged in “online marketing lead generation solutions”, which provide consumers with content and choices to find the best offer and match to their requirements. “With the diverse lending options available in the Philippines, LoanSolutions.ph will aid consumers to better understand the options available to them,” Orrock said. LoanSolutions.ph officially began operations in 2014, facilitating access to credit for different financial needs by connecting borrowers to multiple lending partners in single online loan application.
Read more at: Dealstreet Asia
