ReportWire

Tag: Digido

  • Digido wins 11 awards, including two ‘Best’ accolades from Global Banking & Finance Review

    Digido wins 11 awards, including two ‘Best’ accolades from Global Banking & Finance Review

    [ad_1]

    Multi-awarded consumer finance company Digido has ended the first three months of the year with 11 award recognitions from four esteemed global finance and business publications.

    The digital lending service was named by the Global Banking & Finance Awards® as the Philippines’ “Best New Online Lending Services” for the second year in a row, as well as the country’s “Best New Fintech Company”.

    Digido bagged a trio of wins from the World Economic Magazine Awards, winning in the “Best Customer Service Company For Finance Philippines 2024”, “Best Personal Loans Provider Philippines 2024” and “Best New Online Lending Services Philippines 2024” categories.

    The Global Financial Market Review named the platform the “Best Digital Lending App in the Philippines” while the Gazet International Awards recognized Digido in five categories: “Best Digital Lending Firm Philippines 2024”, “Most Customer-Friendly Financial Solutions Philippines 2024”, “Most Innovative Digital Lending App Philippines 2024”, “Best Digital Loan App Philippines 2024”, and “Best Digital Lending Platform Philippines 2024”.

    Earlier, Digido announced that it has served over one million Filipinos through its safe, reliable, and inclusive digital lending services.

    Commenting on the 11 awards, Digido business development manager Rose Arreco said: “We recognize the unprecedented nature of this series of recognitions from these prestigious finance and business publications and feel incredibly humbled. We at Digido have been striving to ensure we remain a trusted financial partner for the Philippines’ underserved, and these awards are stark reminders to do so with the consumer at the forefront.”

    An earlier survey commissioned by Digido revealed that personal loans were the most popular formal credit option, with 54% of respondents having one in 2023 due to their flexibility and variety of uses.

    Digido offers a First Loan For Free service, where first-time borrowers can avail up to PHP4,000 with 0% interest and a standard Personal Loan up to PHP 25,000 for repeat clients. It can be accessed through its official site digido.ph, its apps in Google Play and the iOS App Store, and Lazada Loans. 

    [ad_2]

    Gadgets Magazine 10

    Source link

  • Digido digital lending serves over one million Filipinos 

    Digido digital lending serves over one million Filipinos 

    [ad_1]

    Multi-awarded consumer finance company Digido is proud to announce a significant milestone, having served over one million Filipinos through its safe, reliable, and inclusive digital lending services. 

    Digido has become a trusted financial partner for the Philippines’ underserved, with its platform designed to offer a seamless and efficient process for obtaining cash loans for persons that have limited access to traditional financial services. 

    Concurrently, Digido’s growing popularity is a reflection of a larger trend where digital channels are the preferred means for Filipinos to access modern financial services, including formal credit options. 

    Digido offers a First Loan For Free service, where first-time borrowers can avail up to PHP 4,000 with 0% interest and a standard Personal Loan up to PHP 25,000 for repeat clients. It can be accessed through its official site digido.ph, its apps in Google Play and the iOS App Store, and Lazada Loans. 

    Digido was recognized with 13 awards in 2023, including ones from The Digital Banker’s Global Retail Banking Innovation Awards, Pan Finance and the Global Banking & Finance Review. 

    “We at Digido are incredibly grateful for the trust that Filipinos have given to us. We view this milestone as both an achievement and challenge, spurring us further to meaningfully contribute to the country’s digital transformation through increased access to formal credit,” said Rose Arreco, business development manager of Digido. 

    2023 saw Digido experience 23% growth in total loans disbursed compared to 2022. 75.4% of the loans disbursed in 2023 were from repeat borrowers, indicating considerable brand loyalty. 

    Digido’s recently-released commissioned survey also revealed that personal loans were the most popular formal credit option across demographics and areas in 2023. Formal credit options have been more accessible for eight out of 10 Filipinos last year. 

    “We are firm in our mission to ensure every hard-working Filipino should have access to convenient and secure financial tools. As we endeavor to celebrate more milestones in the future, we will do so by ensuring we strive for innovation and find creative means to delight even more customers,” Arreco added.

    [ad_2]

    Gadgets Magazine 17

    Source link