Billease, a leading consumer finance and Buy Now, Pay Later (BNPL) platform in the Philippines, has announced its entry into digital-centric banking through a strategic partnership with the Rural Bank of Sta. Maria – Ilocos Sur (RBSM).
Why it Matters: The move marks Billease’s evolution from a fintech credit provider into a full digital finance ecosystem. It aligns with the Bangko Sentral ng Pilipinas’ (BSP) goal of building a more inclusive, cash-lite financial system across the country.
Founded in 2017, Billease started as an e-commerce installment platform and has since become one of the top fintech players in the Philippines. The company has over 10 million users nationwide and has disbursed more than PHP 100 billion in loans. It is backed by BurdaPrincipal Investments and TPG’s The Rise Fund.
“From day one, our goal has been to make credit simple and fair for every Filipino,” said Georg Steiger, co-founder and CEO of Billease. “Through this partnership with RBSM, we’re opening the door to a new era of inclusive digital-centric banking.”
Through the integration with RBSM, Billease will soon offer regular savings accounts, fund transfers via InstaPay and PESONet, QR payments, and cash in/out services. All of these will be accessible directly through the Billease app.
“RBSM and Billease share a vision to make banking more accessible to Filipinos through technology,” said Dennis Valdes, president and CEO of RBSM. “With this integration, users can open, save, transfer, and pay within the Billease app while enjoying the same security and compliance as traditional banking.”
Billease also highlights that this development supports its mission to make financial services simple, fair, and accessible. The company says the partnership reinforces its goal of being an everyday financial companion for Filipinos.
The company’s brand identity is strengthened by its nationwide reach and community engagement. With actress Kim Chiu as its brand ambassador, Billease has built what it calls the “Billease Family,” a growing user community sharing stories of financial empowerment.
“Billease is more than just a finance app; it’s a trusted everyday partner,” said Jose Fernandez, chief marketing officer. “We’ve built a brand that stands for reliability, inclusivity, and heart.”
Billease continues to expand its ecosystem of services, offering features such as 0% down payment on installment purchases, terms of up to 24 months, and free delivery with device protection. The platform also supports QRPh and NFC tap-to-pay functions, allowing users to make cashless payments in stores or online and convert purchases into installments at any time.
“Our vision is simple: one app for all your financial needs,” said Kurt Molina, head of POS products. “From buying essentials to saving and sending money, Billease is evolving into an everyday financial companion for Filipinos.”
The company said it remains committed to responsible and transparent financial practices. Billease ensures compliance with BSP and Department of Trade and Industry (DTI) standards while maintaining secure data processes and financial education initiatives.
“Our partnership with RBSM marks a step toward a future where financial inclusion is the norm, not the exception,” Steiger added. “We’re redefining how Filipinos save, borrow, and spend, all within one trusted app.”
As Billease enters the digital banking space, it positions itself to compete with established players and emerging digital banks. Will this move reshape how Filipinos manage their money online?
