UBX, the leading open finance platform in the Philippines, cemented its role in empowering women in business by signing a groundbreaking partnership agreement with Women’s Business Council Philippines (WomenBizPH), the leading voice of women in Commerce, and mobile financing powerhouse SeedIn.
Under the memorandum of agreement, the three groups will collaborate to build a Women-to-Women (W2W) Investment and Lending Portfolio, a basket of financial assets that will help empower Filipino women to become successful entrepreneurs. The W2W Investment and Lending Portfolio will provide beneficiaries with financial tools such as investment products and credit lines to empower them in their journey to become entrepreneurs.
Women in SME businesses will have the opportunity to borrow using AI credit scoring fintech platforms starting with Seedin Philippines Inc. Qualified borrowers can be chosen by women investors. The network of top women business leaders and entrepreneurs of WomenbizPH will have priority to choose and act as investors for their chosen portfolio.