This is the power of embedded finance, which seamlessly integrates financial services into everyday platforms and digital experiences, allowing people to access them when and where they need them most. Through digital platforms, more users now gain access to credit that was previously out of reach.
At Money20/20 Asia 2026 in Bangkok, Thailand, Fuse Financing Inc. President and CEO Tony Isidro shared how GCash is improving access to credit for small businesses. By using its artificial intelligence (AI) driven proprietary underwriting tool, GCash enables faster and frictionless funding- no need to submit documents and no waiting time- for first-time borrowers who have long been excluded from formal financing. This expands access to a broad range of users, including merchants who require capital to scale their business.
In this event, fintech leaders gathered to talk about how robust infrastructure allows lenders to make faster decisions while maintaining responsible lending standards. This approach supports the growth of embedded finance, where credit is offered directly within platforms that businesses already use.
Addressing the lending crisis for SMEs
The scale of the problem is hard to ignore. Most micro-enterprises in the Philippines operate informally. That means they have no collateral, credit history, or financial statements— requirements commonly looked for by traditional financial institutions.
As a result, many Philippine SMEs, around 57%, still rely on informal lenders with extremely high interest rates, leaving businesses without access to formal credit and making it harder for them to restock, expand, or manage daily operations.
What makes this especially frustrating, Isidro noted, is that these businesses are not invisible. They transact every day and have customers, sales, and cash flow.
Fuse Financing President and CEO, Tony Isidro, stressed the importance of real-time data in assessing creditworthiness and democratizing credit access to MSMEs.
Fuse Financing addresses this issue by providing a more transparent alternative to lending within the GCash app, giving access to simplified loan process and collateral-free loans, allowing first-time borrowers to secure their own financing seamlessly
“By integrating financial services directly within the app, we are dismantling traditional barriers to lending, such as heavy documentary requirements and physical distance. This evolution isn't just about speed; it’s about meaningful financial inclusion. We are transforming how credit is accessed through technology, empowering more small businesses with lines of credit to achieve a level of economic resilience that was previously out of reach,” Isidro said.
Empowering grassroots entrepreneurs
Products like GLoan Negosyo give merchants access to up to Php 350,000 within the GCash app, while GLoan Negosyo under the GCash for Business portal gives users access to up to Php 2 million in working capital, structured around their actual sales cycles and inventory needs. Disbursements and repayments occur entirely through the GCash app, which matters most for borrowers in remote areas who cannot easily reach a physical branch.
Backing this is a Php 1.75 billion credit facility from the Asian Development Bank (ADB), directed specifically at women-led and rural micro, small, and medium enterprises. This signifies how institutional capital is beginning to follow where fintech has already gone.
With these initiatives, small business owners are given access to the financing they need to grow, reducing friction to business expansion and day-to-day operations.
For more information, please visit www.gcash.com.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
