Fintech startup Oriente raises $20m in debt funding for Philippines expansion

Fintech startup Oriente raises $20m in debt funding for Philippines expansion

Oriente co-founder Geoffrey Prentice

Hong Kong-based fintech startup Oriente on Wednesday announced that it has secured a $20 million debt financing facility from the city’s multi-asset investment firm Silverhorn Group.

The facility, which can be increased up to $50 million, will be used to grow Oriente’s loan book and extend the reach of its digital credit and pay later solutions in the Philippines.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter