This collaboration aims to serve micro and small businesses such as independent supermarkets, mini-marts, groceries, drugstores, bakeshops, and more. Through this partnership, Fuse Financing Inc. provides small business owners with easier financing solutions via GGives for Business.
This provides business owners with access to zero-interest loans, helping them finance their expansion, strengthen operations, and grow their inventory. By supporting these essential community retailers, the initiative contributes to the broader economic well-being of local neighborhoods across the Philippines.
Across the Philippines, small businesses like community groceries continue to thrive despite the dominance of large conglomerates and retail giants. These businesses serve as the backbone of communities, providing convenient access to daily essentials while creating livelihood opportunities and keeping local commerce alive. However, access to financial capital to expand and grow their businesses often remains challenging.
Recognizing their crucial role in economic growth, Fuse launched GGives for Business, a financing solution designed to provide fair and transparent access to working capital. By partnering with Suy Sing, Fuse can offer digital credit loans to community groceries and other small business owners with little or no credit standing, helping them restock and maintain operations for their businesses. This partnership is part of GCash’s broader mission to bring financial inclusion to underserved Filipinos.
“GGives for Business is a commitment to financial inclusion. By enabling access to working capital, we hope to empower small business owners to keep their shelves stocked and their businesses thriving. Our collaboration with Suy Sing allows us to reach these communities more effectively,”
Fuse CEO Anthony Isidro said.
Under the program, eligible store owners can access loans starting at ₱3,000 with a zero interest rate and minimal processing fees. Additionally, its loan terms are designed to provide more flexibility, with 7 or 14-day options to help business owners better manage their inventory cycles and cash flow. For many, this is their first step into formal credit, making their growth and stability more accessible than ever.
The partnership was formally launched at the Suy Sing Suki Event Convention last May 4, an annual gathering of the company’s partner retailers. This strategic rollout taps into Suy Sing’s established network, making it easier to identify and reach store owners who will benefit from the program.
"Having access to formal credit will boost not only the business operations of our retailers but also their morale. This partnership with Fuse is more than just access to financing; it is a way to empower them with the confidence and stability they need to grow their businesses sustainably,"
said Elma Ainza, Suy Sing’s Vice President for Sales.
Racquel Holazo-Amurao, Head of Business Development at Fuse, emphasized the broader impact of the initiative.
“When small business owners can access fair financing, not only does it benefit them, but most especially, it helps strengthen entire communities. This is a step toward making financial solutions more inclusive and accessible.”
By providing responsible, accessible credit, Fuse and GCash, together with its partners, ensure that small business owners can sustain operations, expand their businesses, and better serve their communities, fostering economic resilience at the grassroots level.
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.
