Limited access to formal financing continues to hinder the growth of the micro, small, and medium enterprises (MSMEs). Although they make up 99.6% of businesses and employ over 65% of the workforce, many still struggle to access credit due to limited collateral, insufficient financial records, and a lack of credit history, preventing them from expanding and contributing more fully to inclusive economic growth.
Kevin Yu, Head of B2B at GCash lending arm Fuse Financing Inc., shared these insights in a series of events for MSMEs, including the DTI National Forum on Strengthening MSME Disaster Resilience 2026, the Office of the Presidential Adviser for Poverty Alleviation Convergence Summit on Economic Resilience, GoNegosyo MSME Summit 2026, and Inquirer ESG Connect.
During these engagements, Yu underscored the need to close this persistent financing gap through inclusive and data-driven financing solutions for MSMEs.
The core of this effort lies in the integration of financial services within the GCash ecosystem. Through GCash for Business, entrepreneurs can accept digital payments and manage transactions, allowing them to build a digital financial footprint. This generates alternative data that helps financing providers better understand business performance and extend credit more responsibly.
Yu explained that this model enables access for underserved entrepreneurs, including first-time formal borrowers. Eligible businesses can access financing through GLoan Negosyo, available through the GCash app with loans of up to ₱350,000, or through the GCash for Business Portal, where qualified merchants can access loans of up to ₱2 million. These financing options support inventory purchases, working capital, and expansion plans.
“Financial resilience is more than access to loans. Business owners need solutions that help them earn, manage, protect, and grow their income,”
Yu said.
operations and sustainable growth.
He added that fintech plays a complementary role alongside traditional financial institutions. Digital platforms improve access, speed, and convenience, while banks continue to support businesses that require larger financing as they scale.
To strengthen long-term outcomes, GCash also emphasizes financial education. Programs such as the Wais Tindera Caravan bring practical knowledge directly to communities, helping entrepreneurs make informed decisions, manage cash flow, and build confidence in using digital financial tools.
Moreover, Fuse Financing underscores responsible lending as a core principle. Its fully digital collections process follows a zero-tolerance policy against harassment, ensuring that borrowers are treated fairly throughout their financial journey.
“No single organization can close the financing gap alone. By combining accessible financing, practical knowledge, and strong partnerships, we can help MSMEs build resilient businesses that create jobs, strengthen communities, and contribute to a more inclusive Philippine economy,”
Yu added.
That commitment to responsible growth is reflected in how Fuse Financing supports its borrowers. As of the second quarter of 2026, the company has disbursed ₱451 billion in loans to 11.5 million borrowers nationwide. One in three borrowers is an NMSME.
For GCash and Fuse Financing, these numbers point to more than growth. They reflect a widening circle of Filipino entrepreneurs who now have the financial tools to build stronger, more resilient businesses.
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.
