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.

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